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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. Degree of Operating Leverage
Market Price/Book Value
Credit Sales/ Ave A/R
CM/OI
OI/(OI-int exp-(pref stk/(1-tax))

2. Inventory Turnover
Mkt Price/EPS
Assets/Equity
COGS/ Ave Inventory
Cash + Marketable Securities/Current Liabilities

3. ROE
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
NI/Ave TE
365/A/R TO
Current Assets - Current Liabilities

4. Days Sales in A/R
Credit Sales/ Ave A/R
(TE - P.S Equity) / # common shares
CA/CL
365/A/R TO

5. Days Sales in Inventory
365/Inv TO
NI - pref dividends/weighted ave common shares
NI/Ave TA
COGS/ Ave Inventory

6. Earnings Yield
Market Price/Book Value
TD/TA
EPS/Mkt Price
Dividends per share/mkt price

7. Cost of Carrying Safety Stock
Expected Stock Out Cost + Carrying Cost
EBIT/Interest Expense
Net Sales/ Ave TA
Sales in A/R + Days Sales in Inventory

8. ROI
Current Assets - Current Liabilities
CM/OI
EBIT/TA
Sales in A/R + Days Sales in Inventory

9. Quick Ratio
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Ops Cash Flow/CL
Current Assets - Current Liabilities
Net Sales/ Ave TA

10. Dupont ROE
(TE - P.S Equity) / # common shares
NI/Ave TE
NI/Ave TA Asset/Equity or ROA Financial Leverage
COGS/ Ave Inventory

11. Degree of Financial Leverage
Market Price/Book Value
Assets/Equity
Dividend/EPS
OI/(OI-int exp-(pref stk/(1-tax))

12. Debt to TA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
TD/TA
(CA-CL)/TA

13. A/P Turnover
365/Inv TO
Purchases/ Ave A/P
NI/Ave TE
Cash + Marketable Securities/Current Liabilities

14. Current Ratio
Ops Cash Flow/CL
CA/CL
Current Assets - Current Liabilities
EBIT/TA

15. Times Interest Earned
(TE - P.S Equity) / # common shares
Ops Cash Flow/CL
NI - pref dividends/weighted ave common shares
EBIT/Interest Expense

16. Dupont ROA
EPS/Mkt Price
Cash + Marketable Securities/Current Liabilities
(CA-CL)/TA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO

17. Financial Leverage
NI - pref dividends/weighted ave common shares
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
(TE - P.S Equity) / # common shares
Assets/Equity

18. A/R Turnover
EBIT/Interest Expense
Credit Sales/ Ave A/R
Assets/Equity
(TE - P.S Equity) / # common shares

19. Net Profit Margin
Purchases/ Ave A/P
NI/Sales
CA/CL
Cash + Marketable Securites + Accounts Recievable/Current Liabilities

20. Debt to Equity
OI/(OI-int exp-(pref stk/(1-tax))
ROE(1-div payout)
CA/CL
TD/E

21. Sustainable Growth
ROE(1-div payout)
OI/(OI-int exp-(pref stk/(1-tax))
CA/CL
Dividend/EPS

22. Days Purchased in AP
Ave A/P / Credit Purch * 365
Standard Deviation/ Expected RR
F = Marginal Cost - D =Demand - C = Carrying Cost
OI/(OI-int exp-(pref stk/(1-tax))

23. Operating Cycle Days
ROE(1-div payout)
EBIT/Interest Expense
Sales in A/R + Days Sales in Inventory
365/Inv TO

24. Working Capital
Usage Rate*Lead Time + Safety Stock
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Current Assets - Current Liabilities
TD/TA

25. mkt/book
Market Price/Book Value
Mkt Price/EPS
Current Assets - Current Liabilities
Credit Sales/ Ave A/R

26. ROP UL + SS
Usage Rate*Lead Time + Safety Stock
Ave A/P / Credit Purch * 365
Expected Stock Out Cost + Carrying Cost
CM/OI

27. Total Asset TO
CA/CL
Net Sales/ Ave TA
EBIT/TA
Purchases/ Ave A/P

28. ROA
NI/Ave TA Asset/Equity or ROA Financial Leverage
Operating Cycle - Days Purch in payable
NI/Ave TA
Usage Rate*Lead Time + Safety Stock

29. Dividend Yield
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
365/A/R TO
OI/(OI-int exp-(pref stk/(1-tax))
Dividends per share/mkt price

30. Book Value
EBIT/TA
(TE - P.S Equity) / # common shares
ROE(1-div payout)
NI/Sales

31. EOQ sqrt (2FD/C)
Assets/Equity
F = Marginal Cost - D =Demand - C = Carrying Cost
Ops Cash Flow/CL
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO

32. EPS
TD/E
NI - pref dividends/weighted ave common shares
EBIT/TA
365/A/R TO

33. Cash Ratio
CM/OI
Cash + Marketable Securities/Current Liabilities
EBIT/Interest Expense
Net Sales/ Ave TA

34. Net Working Capital Ratio
EBIT/Interest Expense
NI - pref dividends/weighted ave common shares
(CA-CL)/TA
Dividends per share/mkt price

35. Coefficient of Variation
365/A/R TO
Usage Rate*Lead Time + Safety Stock
OI/(OI-int exp-(pref stk/(1-tax))
Standard Deviation/ Expected RR

36. Cash Flow
Mkt Price/EPS
Ops Cash Flow/CL
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
CA/CL

37. Cash Cycle
Operating Cycle - Days Purch in payable
(TE - P.S Equity) / # common shares
Dividend/EPS
CA/CL

38. P/E Ratio
NI/Ave TA Asset/Equity or ROA Financial Leverage
TD/TA
Mkt Price/EPS
Ops Cash Flow/CL

39. Dividend Payout Ratio
365/A/R TO
Dividends per share/mkt price
TD/TA
Dividend/EPS