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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. Debt to Equity
Net Sales/ Ave TA
EBIT/TA
TD/E
NI - pref dividends/weighted ave common shares

2. Net Profit Margin
TD/E
EBIT/TA
Assets/Equity
NI/Sales

3. ROA
Mkt Price/EPS
EBIT/TA
Usage Rate*Lead Time + Safety Stock
NI/Ave TA

4. ROI
NI/Ave TE
Credit Sales/ Ave A/R
(CA-CL)/TA
EBIT/TA

5. Cash Cycle
OI/(OI-int exp-(pref stk/(1-tax))
Operating Cycle - Days Purch in payable
Market Price/Book Value
Net Sales/ Ave TA

6. Operating Cycle Days
Net Sales/ Ave TA
Dividends per share/mkt price
Sales in A/R + Days Sales in Inventory
NI/Ave TE

7. Financial Leverage
Dividends per share/mkt price
Assets/Equity
Mkt Price/EPS
Net Sales/ Ave TA

8. P/E Ratio
Current Assets - Current Liabilities
Ops Cash Flow/CL
Sales in A/R + Days Sales in Inventory
Mkt Price/EPS

9. mkt/book
Credit Sales/ Ave A/R
NI/Ave TE
Market Price/Book Value
ROE(1-div payout)

10. ROP UL + SS
Usage Rate*Lead Time + Safety Stock
Dividend/EPS
EBIT/Interest Expense
COGS/ Ave Inventory

11. Total Asset TO
Assets/Equity
Operating Cycle - Days Purch in payable
NI/Sales
Net Sales/ Ave TA

12. Times Interest Earned
F = Marginal Cost - D =Demand - C = Carrying Cost
EBIT/Interest Expense
Assets/Equity
365/A/R TO

13. Net Working Capital Ratio
(TE - P.S Equity) / # common shares
Usage Rate*Lead Time + Safety Stock
NI/Ave TA
(CA-CL)/TA

14. A/R Turnover
Credit Sales/ Ave A/R
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Cash + Marketable Securities/Current Liabilities
Market Price/Book Value

15. Dividend Yield
365/Inv TO
Net Sales/ Ave TA
EPS/Mkt Price
Dividends per share/mkt price

16. ROE
COGS/ Ave Inventory
Purchases/ Ave A/P
NI/Ave TE
Dividends per share/mkt price

17. A/P Turnover
Current Assets - Current Liabilities
Purchases/ Ave A/P
Cash + Marketable Securities/Current Liabilities
EBIT/TA

18. Degree of Financial Leverage
365/Inv TO
EPS/Mkt Price
OI/(OI-int exp-(pref stk/(1-tax))
Cash + Marketable Securities/Current Liabilities

19. Days Purchased in AP
365/A/R TO
NI/Ave TA
Ave A/P / Credit Purch * 365
TD/TA

20. EPS
F = Marginal Cost - D =Demand - C = Carrying Cost
NI - pref dividends/weighted ave common shares
Dividend/EPS
NI/Ave TA

21. Earnings Yield
EPS/Mkt Price
Ave A/P / Credit Purch * 365
Credit Sales/ Ave A/R
Dividends per share/mkt price

22. Days Sales in Inventory
(CA-CL)/TA
365/Inv TO
(TE - P.S Equity) / # common shares
ROE(1-div payout)

23. Degree of Operating Leverage
Dividend/EPS
Assets/Equity
CM/OI
Current Assets - Current Liabilities

24. Current Ratio
CA/CL
COGS/ Ave Inventory
Dividend/EPS
TD/E

25. Days Sales in A/R
Credit Sales/ Ave A/R
Sales in A/R + Days Sales in Inventory
Market Price/Book Value
365/A/R TO

26. Inventory Turnover
Dividend/EPS
Standard Deviation/ Expected RR
COGS/ Ave Inventory
Cash + Marketable Securities/Current Liabilities

27. Quick Ratio
Standard Deviation/ Expected RR
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Expected Stock Out Cost + Carrying Cost
Dividends per share/mkt price

28. Sustainable Growth
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
ROE(1-div payout)
TD/E
OI/(OI-int exp-(pref stk/(1-tax))

29. Coefficient of Variation
Standard Deviation/ Expected RR
Market Price/Book Value
Usage Rate*Lead Time + Safety Stock
Cash + Marketable Securites + Accounts Recievable/Current Liabilities

30. Working Capital
TD/TA
Current Assets - Current Liabilities
Cash + Marketable Securities/Current Liabilities
Standard Deviation/ Expected RR

31. Book Value
(TE - P.S Equity) / # common shares
Usage Rate*Lead Time + Safety Stock
Assets/Equity
NI/Ave TA Asset/Equity or ROA Financial Leverage

32. EOQ sqrt (2FD/C)
Net Sales/ Ave TA
Ops Cash Flow/CL
F = Marginal Cost - D =Demand - C = Carrying Cost
EBIT/Interest Expense

33. Cash Ratio
(TE - P.S Equity) / # common shares
Current Assets - Current Liabilities
Cash + Marketable Securities/Current Liabilities
TD/E

34. Cost of Carrying Safety Stock
Expected Stock Out Cost + Carrying Cost
NI - pref dividends/weighted ave common shares
OI/(OI-int exp-(pref stk/(1-tax))
Current Assets - Current Liabilities

35. Dupont ROA
TD/TA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Market Price/Book Value
(TE - P.S Equity) / # common shares

36. Dividend Payout Ratio
Ave A/P / Credit Purch * 365
Dividend/EPS
Sales in A/R + Days Sales in Inventory
365/Inv TO

37. Debt to TA
Operating Cycle - Days Purch in payable
(CA-CL)/TA
CA/CL
TD/TA

38. Cash Flow
Ops Cash Flow/CL
Usage Rate*Lead Time + Safety Stock
(CA-CL)/TA
EPS/Mkt Price

39. Dupont ROE
EBIT/Interest Expense
NI/Ave TA Asset/Equity or ROA Financial Leverage
NI/Sales
OI/(OI-int exp-(pref stk/(1-tax))