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. Dupont ROA
365/Inv TO
Mkt Price/EPS
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
ROE(1-div payout)

2. P/E Ratio
Standard Deviation/ Expected RR
Mkt Price/EPS
Usage Rate*Lead Time + Safety Stock
Dividend/EPS

3. Degree of Financial Leverage
Assets/Equity
TD/E
OI/(OI-int exp-(pref stk/(1-tax))
EBIT/TA

4. Operating Cycle Days
Net Sales/ Ave TA
(CA-CL)/TA
Sales in A/R + Days Sales in Inventory
NI/Ave TA Asset/Equity or ROA Financial Leverage

5. Inventory Turnover
Cash + Marketable Securities/Current Liabilities
365/Inv TO
EBIT/Interest Expense
COGS/ Ave Inventory

6. Current Ratio
CA/CL
Current Assets - Current Liabilities
Purchases/ Ave A/P
Dividend/EPS

7. EOQ sqrt (2FD/C)
NI/Ave TA
Usage Rate*Lead Time + Safety Stock
F = Marginal Cost - D =Demand - C = Carrying Cost
Standard Deviation/ Expected RR

8. Dividend Payout Ratio
Usage Rate*Lead Time + Safety Stock
NI/Ave TE
Dividend/EPS
365/Inv TO

9. Dividend Yield
EBIT/TA
NI - pref dividends/weighted ave common shares
Dividends per share/mkt price
NI/Ave TA Asset/Equity or ROA Financial Leverage

10. Times Interest Earned
Purchases/ Ave A/P
EBIT/Interest Expense
TD/TA
Credit Sales/ Ave A/R

11. Net Working Capital Ratio
OI/(OI-int exp-(pref stk/(1-tax))
(CA-CL)/TA
NI/Ave TE
Current Assets - Current Liabilities

12. ROP UL + SS
Usage Rate*Lead Time + Safety Stock
Cash + Marketable Securities/Current Liabilities
365/A/R TO
Net Sales/ Ave TA

13. A/R Turnover
Credit Sales/ Ave A/R
NI/Ave TA Asset/Equity or ROA Financial Leverage
Current Assets - Current Liabilities
Ops Cash Flow/CL

14. Days Purchased in AP
Mkt Price/EPS
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Net Sales/ Ave TA
Ave A/P / Credit Purch * 365

15. Cost of Carrying Safety Stock
COGS/ Ave Inventory
Mkt Price/EPS
Expected Stock Out Cost + Carrying Cost
Dividend/EPS

16. Degree of Operating Leverage
365/Inv TO
CM/OI
Net Sales/ Ave TA
Current Assets - Current Liabilities

17. Debt to TA
NI/Sales
CM/OI
NI - pref dividends/weighted ave common shares
TD/TA

18. A/P Turnover
Purchases/ Ave A/P
F = Marginal Cost - D =Demand - C = Carrying Cost
ROE(1-div payout)
Cash + Marketable Securities/Current Liabilities

19. Dupont ROE
NI/Ave TA Asset/Equity or ROA Financial Leverage
TD/TA
Dividend/EPS
Purchases/ Ave A/P

20. Debt to Equity
CM/OI
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Net Sales/ Ave TA
TD/E

21. Days Sales in Inventory
Sales in A/R + Days Sales in Inventory
Purchases/ Ave A/P
EPS/Mkt Price
365/Inv TO

22. Working Capital
Standard Deviation/ Expected RR
EBIT/TA
Current Assets - Current Liabilities
CM/OI

23. Coefficient of Variation
(CA-CL)/TA
Standard Deviation/ Expected RR
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Credit Sales/ Ave A/R

24. Earnings Yield
CM/OI
EPS/Mkt Price
Usage Rate*Lead Time + Safety Stock
NI/Ave TE

25. Days Sales in A/R
Dividend/EPS
Ave A/P / Credit Purch * 365
365/A/R TO
Ops Cash Flow/CL

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

27. mkt/book
NI/Ave TE
Assets/Equity
Market Price/Book Value
365/A/R TO

28. Sustainable Growth
OI/(OI-int exp-(pref stk/(1-tax))
Market Price/Book Value
ROE(1-div payout)
Sales in A/R + Days Sales in Inventory

29. Cash Flow
Sales in A/R + Days Sales in Inventory
F = Marginal Cost - D =Demand - C = Carrying Cost
Ops Cash Flow/CL
Dividends per share/mkt price

30. ROI
OI/(OI-int exp-(pref stk/(1-tax))
NI/Sales
EBIT/TA
Standard Deviation/ Expected RR

31. Quick Ratio
Cash + Marketable Securities/Current Liabilities
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Dividend/EPS
Mkt Price/EPS

32. Cash Ratio
Cash + Marketable Securities/Current Liabilities
Expected Stock Out Cost + Carrying Cost
Current Assets - Current Liabilities
365/A/R TO

33. Total Asset TO
Net Sales/ Ave TA
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
COGS/ Ave Inventory
EPS/Mkt Price

34. ROA
NI/Ave TE
NI/Ave TA
Ops Cash Flow/CL
F = Marginal Cost - D =Demand - C = Carrying Cost

35. Cash Cycle
Dividends per share/mkt price
Operating Cycle - Days Purch in payable
Market Price/Book Value
Standard Deviation/ Expected RR

36. Financial Leverage
Net Sales/ Ave TA
Assets/Equity
(TE - P.S Equity) / # common shares
COGS/ Ave Inventory

37. Net Profit Margin
NI/Sales
TD/TA
Credit Sales/ Ave A/R
F = Marginal Cost - D =Demand - C = Carrying Cost

38. EPS
NI/Ave TA
NI - pref dividends/weighted ave common shares
Cash + Marketable Securities/Current Liabilities
Sales in A/R + Days Sales in Inventory

39. Book Value
Net Sales/ Ave TA
(TE - P.S Equity) / # common shares
Current Assets - Current Liabilities
Assets/Equity