Test your basic knowledge |

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. Coefficient of Variation
CA/CL
Dividend/EPS
Standard Deviation/ Expected RR
365/A/R TO

2. A/P Turnover
NI/Ave TE
TD/TA
Purchases/ Ave A/P
Cash + Marketable Securities/Current Liabilities

3. Total Asset TO
(TE - P.S Equity) / # common shares
TD/E
Net Sales/ Ave TA
Purchases/ Ave A/P

4. Debt to Equity
Expected Stock Out Cost + Carrying Cost
CM/OI
Sales in A/R + Days Sales in Inventory
TD/E

5. Dupont ROA
Dividends per share/mkt price
365/Inv TO
CM/OI
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO

6. ROI
(TE - P.S Equity) / # common shares
NI/Ave TA
OI/(OI-int exp-(pref stk/(1-tax))
EBIT/TA

7. Dupont ROE
NI/Ave TA Asset/Equity or ROA Financial Leverage
Operating Cycle - Days Purch in payable
Mkt Price/EPS
NI - pref dividends/weighted ave common shares

8. Cash Cycle
Operating Cycle - Days Purch in payable
Credit Sales/ Ave A/R
CM/OI
NI/Ave TE

9. Book Value
F = Marginal Cost - D =Demand - C = Carrying Cost
(TE - P.S Equity) / # common shares
Credit Sales/ Ave A/R
Mkt Price/EPS

10. EOQ sqrt (2FD/C)
NI/Sales
(CA-CL)/TA
F = Marginal Cost - D =Demand - C = Carrying Cost
NI/Ave TA Asset/Equity or ROA Financial Leverage

11. Times Interest Earned
Dividend/EPS
EBIT/Interest Expense
TD/TA
Cash + Marketable Securites + Accounts Recievable/Current Liabilities

12. A/R Turnover
Cash + Marketable Securities/Current Liabilities
Credit Sales/ Ave A/R
EBIT/TA
Cash + Marketable Securites + Accounts Recievable/Current Liabilities

13. EPS
Usage Rate*Lead Time + Safety Stock
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
F = Marginal Cost - D =Demand - C = Carrying Cost
NI - pref dividends/weighted ave common shares

14. Days Sales in A/R
Ops Cash Flow/CL
EBIT/TA
Dividends per share/mkt price
365/A/R TO

15. ROA
EBIT/Interest Expense
(CA-CL)/TA
NI/Ave TA
ROE(1-div payout)

16. Working Capital
Ave A/P / Credit Purch * 365
EBIT/Interest Expense
Usage Rate*Lead Time + Safety Stock
Current Assets - Current Liabilities

17. Days Sales in Inventory
365/A/R TO
Standard Deviation/ Expected RR
365/Inv TO
NI/Ave TE

18. ROP UL + SS
Usage Rate*Lead Time + Safety Stock
CM/OI
NI/Ave TE
COGS/ Ave Inventory

19. mkt/book
NI/Ave TA
Ops Cash Flow/CL
Market Price/Book Value
Operating Cycle - Days Purch in payable

20. Earnings Yield
Ave A/P / Credit Purch * 365
(TE - P.S Equity) / # common shares
EPS/Mkt Price
COGS/ Ave Inventory

21. Financial Leverage
Assets/Equity
Mkt Price/EPS
NI/Ave TA Asset/Equity or ROA Financial Leverage
NI/Ave TE

22. Cash Ratio
NI/Ave TA Asset/Equity or ROA Financial Leverage
Cash + Marketable Securities/Current Liabilities
NI/Ave TE
Usage Rate*Lead Time + Safety Stock

23. Degree of Financial Leverage
EBIT/Interest Expense
OI/(OI-int exp-(pref stk/(1-tax))
Current Assets - Current Liabilities
365/Inv TO

24. Cost of Carrying Safety Stock
Expected Stock Out Cost + Carrying Cost
NI - pref dividends/weighted ave common shares
Standard Deviation/ Expected RR
Net Sales/ Ave TA

25. Net Profit Margin
CM/OI
Operating Cycle - Days Purch in payable
CA/CL
NI/Sales

26. Degree of Operating Leverage
CM/OI
Market Price/Book Value
Mkt Price/EPS
OI/(OI-int exp-(pref stk/(1-tax))

27. Dividend Payout Ratio
Dividend/EPS
NI/Ave TE
F = Marginal Cost - D =Demand - C = Carrying Cost
NI/Ave TA

28. Inventory Turnover
Usage Rate*Lead Time + Safety Stock
COGS/ Ave Inventory
NI/Ave TE
(TE - P.S Equity) / # common shares

29. Sustainable Growth
Ops Cash Flow/CL
ROE(1-div payout)
COGS/ Ave Inventory
TD/TA

30. Net Working Capital Ratio
(CA-CL)/TA
Operating Cycle - Days Purch in payable
ROE(1-div payout)
Purchases/ Ave A/P

31. Debt to TA
Sales in A/R + Days Sales in Inventory
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Dividend/EPS
TD/TA

32. Dividend Yield
CA/CL
Expected Stock Out Cost + Carrying Cost
Dividends per share/mkt price
Sales in A/R + Days Sales in Inventory

33. ROE
365/A/R TO
Usage Rate*Lead Time + Safety Stock
Purchases/ Ave A/P
NI/Ave TE

34. Cash Flow
EBIT/TA
EPS/Mkt Price
(TE - P.S Equity) / # common shares
Ops Cash Flow/CL

35. Quick Ratio
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
NI/Sales
Purchases/ Ave A/P
TD/TA

36. Days Purchased in AP
TD/TA
Assets/Equity
Ave A/P / Credit Purch * 365
(CA-CL)/TA

37. P/E Ratio
NI/Ave TE
Operating Cycle - Days Purch in payable
Mkt Price/EPS
NI/Ave TA Asset/Equity or ROA Financial Leverage

38. Current Ratio
Usage Rate*Lead Time + Safety Stock
TD/TA
365/A/R TO
CA/CL

39. Operating Cycle Days
TD/E
Sales in A/R + Days Sales in Inventory
(TE - P.S Equity) / # common shares
CA/CL

Test your basic knowledge |

Certified Managerial Accountant Ratios

13 Skills Types | 550 Pages | Only $9.95 | PDF / EPub, Kindle Ready

Link to This Test

Related Subjects