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Certified Managerial Accountant Ratios

Subjects : certifications, business-skills

Instructions:

Answer 39 questions in 15 minutes.
If you are not ready to take this test, you can study here.
Match each statement with the correct term.
Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.

1. ROA
NI/Ave TA
Cash + Marketable Securities/Current Liabilities
CM/OI
EPS/Mkt Price

2. Financial Leverage
EPS/Mkt Price
Assets/Equity
Dividend/EPS
(CA-CL)/TA

3. Days Purchased in AP
COGS/ Ave Inventory
Ave A/P / Credit Purch * 365
NI/Sales
TD/TA

4. Operating Cycle Days
Sales in A/R + Days Sales in Inventory
(CA-CL)/TA
365/Inv TO
CM/OI

5. Debt to TA
Dividends per share/mkt price
Net Sales/ Ave TA
EBIT/Interest Expense
TD/TA

6. Coefficient of Variation
TD/E
365/A/R TO
365/Inv TO
Standard Deviation/ Expected RR

7. Cash Cycle
Usage Rate*Lead Time + Safety Stock
Assets/Equity
Ops Cash Flow/CL
Operating Cycle - Days Purch in payable

8. Times Interest Earned
Net Sales/ Ave TA
Credit Sales/ Ave A/R
EBIT/Interest Expense
Dividends per share/mkt price

9. Sustainable Growth
NI/Ave TA
Usage Rate*Lead Time + Safety Stock
EBIT/TA
ROE(1-div payout)

10. P/E Ratio
NI/Ave TA Asset/Equity or ROA Financial Leverage
Mkt Price/EPS
Current Assets - Current Liabilities
Ops Cash Flow/CL

11. Debt to Equity
TD/E
365/Inv TO
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
NI/Ave TA

12. EOQ sqrt (2FD/C)
CM/OI
F = Marginal Cost - D =Demand - C = Carrying Cost
NI/Ave TE
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO

13. ROP UL + SS
Usage Rate*Lead Time + Safety Stock
365/Inv TO
NI - pref dividends/weighted ave common shares
F = Marginal Cost - D =Demand - C = Carrying Cost

14. A/P Turnover
Purchases/ Ave A/P
NI/Sales
TD/E
Current Assets - Current Liabilities

15. Dupont ROE
Cash + Marketable Securities/Current Liabilities
NI/Ave TA Asset/Equity or ROA Financial Leverage
Ops Cash Flow/CL
ROE(1-div payout)

16. Days Sales in A/R
NI/Ave TA Asset/Equity or ROA Financial Leverage
365/A/R TO
Mkt Price/EPS
NI/Sales

17. Days Sales in Inventory
Operating Cycle - Days Purch in payable
Sales in A/R + Days Sales in Inventory
COGS/ Ave Inventory
365/Inv TO

18. Total Asset TO
NI - pref dividends/weighted ave common shares
Net Sales/ Ave TA
Credit Sales/ Ave A/R
Assets/Equity

19. Dividend Payout Ratio
365/A/R TO
Dividend/EPS
Assets/Equity
EBIT/Interest Expense

20. Net Profit Margin
Dividend/EPS
NI/Ave TE
NI/Sales
(TE - P.S Equity) / # common shares

21. Current Ratio
NI/Ave TA
CA/CL
ROE(1-div payout)
NI - pref dividends/weighted ave common shares

22. Dividend Yield
ROE(1-div payout)
TD/TA
Dividends per share/mkt price
Standard Deviation/ Expected RR

23. ROE
EBIT/TA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
NI/Ave TE
NI/Ave TA Asset/Equity or ROA Financial Leverage

24. Cash Ratio
Sales in A/R + Days Sales in Inventory
Cash + Marketable Securities/Current Liabilities
Usage Rate*Lead Time + Safety Stock
Standard Deviation/ Expected RR

25. Book Value
TD/E
(TE - P.S Equity) / # common shares
Market Price/Book Value
NI - pref dividends/weighted ave common shares

26. Quick Ratio
EBIT/TA
NI/Sales
TD/E
Cash + Marketable Securites + Accounts Recievable/Current Liabilities

27. ROI
TD/TA
(TE - P.S Equity) / # common shares
EBIT/TA
Current Assets - Current Liabilities

28. Dupont ROA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Assets/Equity
TD/TA
EBIT/Interest Expense

29. A/R Turnover
Cash + Marketable Securities/Current Liabilities
Market Price/Book Value
(TE - P.S Equity) / # common shares
Credit Sales/ Ave A/R

30. Cost of Carrying Safety Stock
Expected Stock Out Cost + Carrying Cost
Ops Cash Flow/CL
TD/TA
Ave A/P / Credit Purch * 365

31. Net Working Capital Ratio
(CA-CL)/TA
Dividend/EPS
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
(TE - P.S Equity) / # common shares

32. Degree of Operating Leverage
NI/Ave TA
Mkt Price/EPS
CM/OI
365/Inv TO

33. EPS
EBIT/TA
NI - pref dividends/weighted ave common shares
Dividend/EPS
OI/(OI-int exp-(pref stk/(1-tax))

34. Degree of Financial Leverage
EBIT/Interest Expense
OI/(OI-int exp-(pref stk/(1-tax))
EPS/Mkt Price
(TE - P.S Equity) / # common shares

35. Cash Flow
F = Marginal Cost - D =Demand - C = Carrying Cost
365/Inv TO
Ops Cash Flow/CL
NI/Sales

36. mkt/book
Market Price/Book Value
CA/CL
365/A/R TO
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO

37. Inventory Turnover
Ave A/P / Credit Purch * 365
COGS/ Ave Inventory
Operating Cycle - Days Purch in payable
Mkt Price/EPS

38. Earnings Yield
ROE(1-div payout)
TD/TA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
EPS/Mkt Price

39. Working Capital
Dividends per share/mkt price
NI/Sales
Current Assets - Current Liabilities
Market Price/Book Value

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Certified Managerial Accountant Ratios

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