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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. ROP UL + SS
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
ROE(1-div payout)
Usage Rate*Lead Time + Safety Stock
Expected Stock Out Cost + Carrying Cost

2. Earnings Yield
(CA-CL)/TA
EPS/Mkt Price
CA/CL
F = Marginal Cost - D =Demand - C = Carrying Cost

3. ROI
Standard Deviation/ Expected RR
EBIT/Interest Expense
CA/CL
EBIT/TA

4. P/E Ratio
(CA-CL)/TA
Mkt Price/EPS
Dividend/EPS
Standard Deviation/ Expected RR

5. Current Ratio
ROE(1-div payout)
(TE - P.S Equity) / # common shares
TD/TA
CA/CL

6. Coefficient of Variation
Standard Deviation/ Expected RR
Net Sales/ Ave TA
Operating Cycle - Days Purch in payable
NI/Sales

7. Cost of Carrying Safety Stock
Mkt Price/EPS
TD/E
365/Inv TO
Expected Stock Out Cost + Carrying Cost

8. Net Profit Margin
TD/E
NI/Ave TA Asset/Equity or ROA Financial Leverage
(TE - P.S Equity) / # common shares
NI/Sales

9. Dividend Yield
Assets/Equity
Usage Rate*Lead Time + Safety Stock
COGS/ Ave Inventory
Dividends per share/mkt price

10. ROE
NI/Ave TA
TD/TA
CA/CL
NI/Ave TE

11. EPS
NI - pref dividends/weighted ave common shares
EBIT/TA
Ops Cash Flow/CL
Net Sales/ Ave TA

12. A/R Turnover
Net Sales/ Ave TA
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
TD/E
Credit Sales/ Ave A/R

13. ROA
EBIT/Interest Expense
NI/Ave TA
(TE - P.S Equity) / # common shares
NI - pref dividends/weighted ave common shares

14. Book Value
(TE - P.S Equity) / # common shares
CM/OI
Ave A/P / Credit Purch * 365
Net Sales/ Ave TA

15. Dupont ROE
NI/Ave TA Asset/Equity or ROA Financial Leverage
TD/TA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Ave A/P / Credit Purch * 365

16. Operating Cycle Days
Cash + Marketable Securities/Current Liabilities
TD/E
EPS/Mkt Price
Sales in A/R + Days Sales in Inventory

17. Dividend Payout Ratio
CA/CL
NI/Ave TE
Dividend/EPS
Standard Deviation/ Expected RR

18. Days Purchased in AP
EPS/Mkt Price
F = Marginal Cost - D =Demand - C = Carrying Cost
Ave A/P / Credit Purch * 365
Market Price/Book Value

19. Cash Ratio
Mkt Price/EPS
Cash + Marketable Securities/Current Liabilities
365/Inv TO
(TE - P.S Equity) / # common shares

20. Dupont ROA
Purchases/ Ave A/P
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
NI/Ave TE
ROE(1-div payout)

21. A/P Turnover
Expected Stock Out Cost + Carrying Cost
(TE - P.S Equity) / # common shares
Purchases/ Ave A/P
CA/CL

22. Sustainable Growth
ROE(1-div payout)
Ops Cash Flow/CL
CA/CL
Operating Cycle - Days Purch in payable

23. EOQ sqrt (2FD/C)
F = Marginal Cost - D =Demand - C = Carrying Cost
Purchases/ Ave A/P
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Standard Deviation/ Expected RR

24. Financial Leverage
F = Marginal Cost - D =Demand - C = Carrying Cost
Assets/Equity
TD/E
COGS/ Ave Inventory

25. Degree of Financial Leverage
365/Inv TO
Market Price/Book Value
OI/(OI-int exp-(pref stk/(1-tax))
NI/Ave TE

26. Inventory Turnover
ROE(1-div payout)
Mkt Price/EPS
Credit Sales/ Ave A/R
COGS/ Ave Inventory

27. mkt/book
Market Price/Book Value
NI/Ave TA Asset/Equity or ROA Financial Leverage
Assets/Equity
Current Assets - Current Liabilities

28. Cash Flow
Dividend/EPS
Ops Cash Flow/CL
EBIT/Interest Expense
Mkt Price/EPS

29. Degree of Operating Leverage
Assets/Equity
Net Sales/ Ave TA
EBIT/Interest Expense
CM/OI

30. Days Sales in Inventory
365/Inv TO
Purchases/ Ave A/P
Ops Cash Flow/CL
CM/OI

31. Total Asset TO
Ops Cash Flow/CL
CA/CL
NI/Ave TA Asset/Equity or ROA Financial Leverage
Net Sales/ Ave TA

32. Debt to TA
Ave A/P / Credit Purch * 365
NI - pref dividends/weighted ave common shares
365/Inv TO
TD/TA

33. Working Capital
ROE(1-div payout)
Standard Deviation/ Expected RR
NI/Sales
Current Assets - Current Liabilities

34. Debt to Equity
TD/E
NI/Ave TA
EBIT/Interest Expense
365/Inv TO

35. Cash Cycle
EBIT/TA
EBIT/Interest Expense
NI/Ave TA
Operating Cycle - Days Purch in payable

36. Days Sales in A/R
Net Sales/ Ave TA
365/A/R TO
EBIT/TA
ROE(1-div payout)

37. Net Working Capital Ratio
F = Marginal Cost - D =Demand - C = Carrying Cost
(CA-CL)/TA
Mkt Price/EPS
365/Inv TO

38. Quick Ratio
Market Price/Book Value
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
365/Inv TO
ROE(1-div payout)

39. Times Interest Earned
EBIT/Interest Expense
NI/Ave TA
Current Assets - Current Liabilities
CM/OI