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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. Net Working Capital Ratio
(CA-CL)/TA
Cash + Marketable Securities/Current Liabilities
NI/Sales
CA/CL

2. Debt to Equity
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Ops Cash Flow/CL
TD/E
Cash + Marketable Securites + Accounts Recievable/Current Liabilities

3. P/E Ratio
Standard Deviation/ Expected RR
Mkt Price/EPS
OI/(OI-int exp-(pref stk/(1-tax))
Cash + Marketable Securities/Current Liabilities

4. EOQ sqrt (2FD/C)
F = Marginal Cost - D =Demand - C = Carrying Cost
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
OI/(OI-int exp-(pref stk/(1-tax))

5. Net Profit Margin
365/A/R TO
TD/E
Assets/Equity
NI/Sales

6. Inventory Turnover
Operating Cycle - Days Purch in payable
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
COGS/ Ave Inventory
Market Price/Book Value

7. Financial Leverage
Cash + Marketable Securities/Current Liabilities
TD/TA
Purchases/ Ave A/P
Assets/Equity

8. Days Sales in Inventory
Assets/Equity
Expected Stock Out Cost + Carrying Cost
Ave A/P / Credit Purch * 365
365/Inv TO

9. Dividend Yield
365/Inv TO
Dividends per share/mkt price
NI/Ave TA Asset/Equity or ROA Financial Leverage
Dividend/EPS

10. Cash Ratio
EBIT/Interest Expense
NI/Sales
365/A/R TO
Cash + Marketable Securities/Current Liabilities

11. ROI
EBIT/Interest Expense
Usage Rate*Lead Time + Safety Stock
EBIT/TA
Current Assets - Current Liabilities

12. Times Interest Earned
(TE - P.S Equity) / # common shares
EPS/Mkt Price
EBIT/Interest Expense
COGS/ Ave Inventory

13. Debt to TA
TD/TA
OI/(OI-int exp-(pref stk/(1-tax))
NI - pref dividends/weighted ave common shares
Credit Sales/ Ave A/R

14. Degree of Financial Leverage
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
OI/(OI-int exp-(pref stk/(1-tax))
Assets/Equity
Standard Deviation/ Expected RR

15. Total Asset TO
365/A/R TO
COGS/ Ave Inventory
Net Sales/ Ave TA
NI - pref dividends/weighted ave common shares

16. Coefficient of Variation
Current Assets - Current Liabilities
Assets/Equity
Standard Deviation/ Expected RR
365/Inv TO

17. Current Ratio
F = Marginal Cost - D =Demand - C = Carrying Cost
CA/CL
Expected Stock Out Cost + Carrying Cost
Dividends per share/mkt price

18. A/R Turnover
Ave A/P / Credit Purch * 365
Credit Sales/ Ave A/R
Operating Cycle - Days Purch in payable
Cash + Marketable Securites + Accounts Recievable/Current Liabilities

19. Operating Cycle Days
NI - pref dividends/weighted ave common shares
(CA-CL)/TA
Sales in A/R + Days Sales in Inventory
NI/Sales

20. Cost of Carrying Safety Stock
Usage Rate*Lead Time + Safety Stock
365/Inv TO
Expected Stock Out Cost + Carrying Cost
Operating Cycle - Days Purch in payable

21. Earnings Yield
NI - pref dividends/weighted ave common shares
Mkt Price/EPS
Net Sales/ Ave TA
EPS/Mkt Price

22. ROA
NI/Ave TA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Net Sales/ Ave TA
Ave A/P / Credit Purch * 365

23. Dividend Payout Ratio
NI/Sales
Dividend/EPS
Expected Stock Out Cost + Carrying Cost
Current Assets - Current Liabilities

24. ROE
NI/Ave TE
Standard Deviation/ Expected RR
COGS/ Ave Inventory
F = Marginal Cost - D =Demand - C = Carrying Cost

25. Days Purchased in AP
NI/Ave TA
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
OI/(OI-int exp-(pref stk/(1-tax))
Ave A/P / Credit Purch * 365

26. Cash Cycle
(TE - P.S Equity) / # common shares
Net Sales/ Ave TA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Operating Cycle - Days Purch in payable

27. Dupont ROA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
ROE(1-div payout)
Dividends per share/mkt price
Dividend/EPS

28. EPS
Sales in A/R + Days Sales in Inventory
EPS/Mkt Price
NI/Ave TA
NI - pref dividends/weighted ave common shares

29. Sustainable Growth
ROE(1-div payout)
365/Inv TO
Usage Rate*Lead Time + Safety Stock
Purchases/ Ave A/P

30. Cash Flow
NI/Ave TA
F = Marginal Cost - D =Demand - C = Carrying Cost
Ops Cash Flow/CL
Expected Stock Out Cost + Carrying Cost

31. Working Capital
Dividends per share/mkt price
Mkt Price/EPS
Current Assets - Current Liabilities
Market Price/Book Value

32. Dupont ROE
(CA-CL)/TA
Dividends per share/mkt price
Dividend/EPS
NI/Ave TA Asset/Equity or ROA Financial Leverage

33. A/P Turnover
Purchases/ Ave A/P
ROE(1-div payout)
OI/(OI-int exp-(pref stk/(1-tax))
Operating Cycle - Days Purch in payable

34. Degree of Operating Leverage
NI/Sales
Sales in A/R + Days Sales in Inventory
(CA-CL)/TA
CM/OI

35. mkt/book
Market Price/Book Value
Ave A/P / Credit Purch * 365
COGS/ Ave Inventory
TD/E

36. Days Sales in A/R
365/A/R TO
Sales in A/R + Days Sales in Inventory
Expected Stock Out Cost + Carrying Cost
Purchases/ Ave A/P

37. Quick Ratio
Operating Cycle - Days Purch in payable
Ave A/P / Credit Purch * 365
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
NI/Ave TA

38. Book Value
NI/Ave TA
Mkt Price/EPS
(TE - P.S Equity) / # common shares
Purchases/ Ave A/P

39. ROP UL + SS
Usage Rate*Lead Time + Safety Stock
Assets/Equity
Ave A/P / Credit Purch * 365
EBIT/TA