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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 TA
NI/Ave TE
TD/TA
Expected Stock Out Cost + Carrying Cost
Current Assets - Current Liabilities

2. Cash Ratio
COGS/ Ave Inventory
Ave A/P / Credit Purch * 365
Cash + Marketable Securities/Current Liabilities
EBIT/Interest Expense

3. Net Profit Margin
F = Marginal Cost - D =Demand - C = Carrying Cost
365/A/R TO
TD/E
NI/Sales

4. Days Purchased in AP
F = Marginal Cost - D =Demand - C = Carrying Cost
Ave A/P / Credit Purch * 365
ROE(1-div payout)
NI/Sales

5. Net Working Capital Ratio
NI/Ave TE
COGS/ Ave Inventory
(TE - P.S Equity) / # common shares
(CA-CL)/TA

6. EPS
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
NI - pref dividends/weighted ave common shares
Expected Stock Out Cost + Carrying Cost
Mkt Price/EPS

7. Dupont ROE
NI/Ave TA Asset/Equity or ROA Financial Leverage
Sales in A/R + Days Sales in Inventory
Ave A/P / Credit Purch * 365
Operating Cycle - Days Purch in payable

8. Degree of Financial Leverage
(CA-CL)/TA
Mkt Price/EPS
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
OI/(OI-int exp-(pref stk/(1-tax))

9. Financial Leverage
NI - pref dividends/weighted ave common shares
EBIT/Interest Expense
Assets/Equity
Cash + Marketable Securities/Current Liabilities

10. Operating Cycle Days
Sales in A/R + Days Sales in Inventory
ROE(1-div payout)
EBIT/Interest Expense
Standard Deviation/ Expected RR

11. Cash Cycle
Operating Cycle - Days Purch in payable
COGS/ Ave Inventory
Assets/Equity
NI - pref dividends/weighted ave common shares

12. Debt to Equity
CA/CL
COGS/ Ave Inventory
Current Assets - Current Liabilities
TD/E

13. Earnings Yield
Standard Deviation/ Expected RR
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
NI/Ave TA Asset/Equity or ROA Financial Leverage
EPS/Mkt Price

14. mkt/book
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Market Price/Book Value
CA/CL
Assets/Equity

15. Dividend Payout Ratio
TD/E
NI - pref dividends/weighted ave common shares
Dividend/EPS
Sales in A/R + Days Sales in Inventory

16. ROA
ROE(1-div payout)
EPS/Mkt Price
Credit Sales/ Ave A/R
NI/Ave TA

17. P/E Ratio
Assets/Equity
NI - pref dividends/weighted ave common shares
Mkt Price/EPS
NI/Ave TA

18. ROI
EBIT/TA
(TE - P.S Equity) / # common shares
(CA-CL)/TA
Cash + Marketable Securities/Current Liabilities

19. A/R Turnover
NI/Sales
(CA-CL)/TA
Credit Sales/ Ave A/R
Dividends per share/mkt price

20. Dupont ROA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Operating Cycle - Days Purch in payable
Cash + Marketable Securities/Current Liabilities
(TE - P.S Equity) / # common shares

21. Total Asset TO
NI/Ave TA
F = Marginal Cost - D =Demand - C = Carrying Cost
(CA-CL)/TA
Net Sales/ Ave TA

22. Sustainable Growth
ROE(1-div payout)
F = Marginal Cost - D =Demand - C = Carrying Cost
TD/TA
(TE - P.S Equity) / # common shares

23. Working Capital
Current Assets - Current Liabilities
TD/TA
COGS/ Ave Inventory
Assets/Equity

24. Cost of Carrying Safety Stock
Expected Stock Out Cost + Carrying Cost
CM/OI
Market Price/Book Value
EBIT/Interest Expense

25. Days Sales in A/R
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
CA/CL
365/A/R TO
Current Assets - Current Liabilities

26. EOQ sqrt (2FD/C)
Expected Stock Out Cost + Carrying Cost
F = Marginal Cost - D =Demand - C = Carrying Cost
Cash + Marketable Securities/Current Liabilities
NI/Ave TE

27. Times Interest Earned
CA/CL
Ops Cash Flow/CL
EBIT/Interest Expense
ROE(1-div payout)

28. ROP UL + SS
Market Price/Book Value
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Usage Rate*Lead Time + Safety Stock
Expected Stock Out Cost + Carrying Cost

29. Current Ratio
CA/CL
Sales in A/R + Days Sales in Inventory
CM/OI
TD/E

30. Inventory Turnover
Mkt Price/EPS
Ave A/P / Credit Purch * 365
COGS/ Ave Inventory
365/Inv TO

31. Coefficient of Variation
365/Inv TO
Current Assets - Current Liabilities
Net Sales/ Ave TA
Standard Deviation/ Expected RR

32. A/P Turnover
Ops Cash Flow/CL
(TE - P.S Equity) / # common shares
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Purchases/ Ave A/P

33. Days Sales in Inventory
Usage Rate*Lead Time + Safety Stock
365/Inv TO
EBIT/Interest Expense
CA/CL

34. Quick Ratio
NI/Sales
CM/OI
EBIT/TA
Cash + Marketable Securites + Accounts Recievable/Current Liabilities

35. Degree of Operating Leverage
CM/OI
COGS/ Ave Inventory
Mkt Price/EPS
Cash + Marketable Securities/Current Liabilities

36. Cash Flow
Operating Cycle - Days Purch in payable
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Assets/Equity
Ops Cash Flow/CL

37. Book Value
Net Sales/ Ave TA
Dividend/EPS
EBIT/Interest Expense
(TE - P.S Equity) / # common shares

38. Dividend Yield
(TE - P.S Equity) / # common shares
Mkt Price/EPS
Dividends per share/mkt price
EBIT/TA

39. ROE
Operating Cycle - Days Purch in payable
NI/Ave TE
Ave A/P / Credit Purch * 365
NI/Sales