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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. Quick Ratio
Expected Stock Out Cost + Carrying Cost
Market Price/Book Value
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
365/Inv TO

2. Earnings Yield
EPS/Mkt Price
Mkt Price/EPS
CM/OI
NI/Ave TA Asset/Equity or ROA Financial Leverage

3. Debt to Equity
EBIT/TA
CA/CL
TD/E
NI - pref dividends/weighted ave common shares

4. Days Purchased in AP
365/Inv TO
Ave A/P / Credit Purch * 365
ROE(1-div payout)
Purchases/ Ave A/P

5. Coefficient of Variation
Standard Deviation/ Expected RR
Current Assets - Current Liabilities
NI/Sales
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO

6. Days Sales in Inventory
NI/Sales
NI/Ave TE
365/Inv TO
Mkt Price/EPS

7. A/P Turnover
Purchases/ Ave A/P
(CA-CL)/TA
TD/E
EPS/Mkt Price

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

9. Dupont ROA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
NI - pref dividends/weighted ave common shares
CM/OI
TD/E

10. Inventory Turnover
NI/Ave TA
Credit Sales/ Ave A/R
365/A/R TO
COGS/ Ave Inventory

11. Times Interest Earned
Dividend/EPS
EBIT/Interest Expense
EBIT/TA
Cash + Marketable Securites + Accounts Recievable/Current Liabilities

12. Dividend Yield
EBIT/Interest Expense
Dividends per share/mkt price
NI/Sales
ROE(1-div payout)

13. Total Asset TO
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Current Assets - Current Liabilities
OI/(OI-int exp-(pref stk/(1-tax))
Net Sales/ Ave TA

14. Degree of Operating Leverage
Market Price/Book Value
CM/OI
Standard Deviation/ Expected RR
NI/Sales

15. Current Ratio
Net Sales/ Ave TA
Ave A/P / Credit Purch * 365
Credit Sales/ Ave A/R
CA/CL

16. Operating Cycle Days
365/Inv TO
EPS/Mkt Price
(TE - P.S Equity) / # common shares
Sales in A/R + Days Sales in Inventory

17. Sustainable Growth
ROE(1-div payout)
COGS/ Ave Inventory
Expected Stock Out Cost + Carrying Cost
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO

18. ROE
Standard Deviation/ Expected RR
NI - pref dividends/weighted ave common shares
Usage Rate*Lead Time + Safety Stock
NI/Ave TE

19. Book Value
(TE - P.S Equity) / # common shares
Expected Stock Out Cost + Carrying Cost
Dividends per share/mkt price
EBIT/TA

20. P/E Ratio
Mkt Price/EPS
Market Price/Book Value
Net Sales/ Ave TA
Standard Deviation/ Expected RR

21. EPS
Ops Cash Flow/CL
Operating Cycle - Days Purch in payable
TD/TA
NI - pref dividends/weighted ave common shares

22. Net Working Capital Ratio
NI - pref dividends/weighted ave common shares
Dividends per share/mkt price
Sales in A/R + Days Sales in Inventory
(CA-CL)/TA

23. ROA
NI/Ave TA
Ops Cash Flow/CL
(CA-CL)/TA
Sales in A/R + Days Sales in Inventory

24. Working Capital
Net Sales/ Ave TA
Current Assets - Current Liabilities
(TE - P.S Equity) / # common shares
ROE(1-div payout)

25. Days Sales in A/R
Credit Sales/ Ave A/R
EPS/Mkt Price
365/A/R TO
Usage Rate*Lead Time + Safety Stock

26. Financial Leverage
Assets/Equity
ROE(1-div payout)
F = Marginal Cost - D =Demand - C = Carrying Cost
Usage Rate*Lead Time + Safety Stock

27. Dupont ROE
NI/Ave TA Asset/Equity or ROA Financial Leverage
TD/E
F = Marginal Cost - D =Demand - C = Carrying Cost
Cash + Marketable Securities/Current Liabilities

28. mkt/book
Sales in A/R + Days Sales in Inventory
F = Marginal Cost - D =Demand - C = Carrying Cost
Market Price/Book Value
NI/Ave TA Asset/Equity or ROA Financial Leverage

29. Dividend Payout Ratio
CM/OI
Dividend/EPS
F = Marginal Cost - D =Demand - C = Carrying Cost
Mkt Price/EPS

30. ROI
EBIT/TA
TD/E
Usage Rate*Lead Time + Safety Stock
Dividends per share/mkt price

31. ROP UL + SS
F = Marginal Cost - D =Demand - C = Carrying Cost
TD/TA
Usage Rate*Lead Time + Safety Stock
Operating Cycle - Days Purch in payable

32. Net Profit Margin
Ops Cash Flow/CL
EBIT/TA
Assets/Equity
NI/Sales

33. Cash Flow
Ops Cash Flow/CL
Operating Cycle - Days Purch in payable
TD/TA
NI/Ave TA

34. Cost of Carrying Safety Stock
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
365/A/R TO
Expected Stock Out Cost + Carrying Cost
Standard Deviation/ Expected RR

35. Degree of Financial Leverage
ROE(1-div payout)
OI/(OI-int exp-(pref stk/(1-tax))
Current Assets - Current Liabilities
Sales in A/R + Days Sales in Inventory

36. A/R Turnover
ROE(1-div payout)
Dividends per share/mkt price
Dividend/EPS
Credit Sales/ Ave A/R

37. EOQ sqrt (2FD/C)
NI/Ave TE
F = Marginal Cost - D =Demand - C = Carrying Cost
Dividends per share/mkt price
NI/Ave TA Asset/Equity or ROA Financial Leverage

38. Cash Ratio
Assets/Equity
TD/TA
Cash + Marketable Securities/Current Liabilities
Expected Stock Out Cost + Carrying Cost

39. Debt to TA
TD/TA
Usage Rate*Lead Time + Safety Stock
COGS/ Ave Inventory
Dividend/EPS