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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. Days Purchased in AP
COGS/ Ave Inventory
Ave A/P / Credit Purch * 365
F = Marginal Cost - D =Demand - C = Carrying Cost
Ops Cash Flow/CL

2. Financial Leverage
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Dividends per share/mkt price
Purchases/ Ave A/P
Assets/Equity

3. ROA
Ave A/P / Credit Purch * 365
Usage Rate*Lead Time + Safety Stock
Sales in A/R + Days Sales in Inventory
NI/Ave TA

4. EOQ sqrt (2FD/C)
CA/CL
TD/E
Net Sales/ Ave TA
F = Marginal Cost - D =Demand - C = Carrying Cost

5. Dupont ROA
Market Price/Book Value
Ops Cash Flow/CL
NI - pref dividends/weighted ave common shares
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO

6. Cost of Carrying Safety Stock
F = Marginal Cost - D =Demand - C = Carrying Cost
NI/Ave TA Asset/Equity or ROA Financial Leverage
Sales in A/R + Days Sales in Inventory
Expected Stock Out Cost + Carrying Cost

7. Sustainable Growth
EBIT/Interest Expense
EBIT/TA
ROE(1-div payout)
F = Marginal Cost - D =Demand - C = Carrying Cost

8. Inventory Turnover
ROE(1-div payout)
Purchases/ Ave A/P
EPS/Mkt Price
COGS/ Ave Inventory

9. Book Value
NI/Ave TA Asset/Equity or ROA Financial Leverage
Ops Cash Flow/CL
Cash + Marketable Securities/Current Liabilities
(TE - P.S Equity) / # common shares

10. EPS
Dividend/EPS
NI - pref dividends/weighted ave common shares
ROE(1-div payout)
Usage Rate*Lead Time + Safety Stock

11. Operating Cycle Days
Net Sales/ Ave TA
Sales in A/R + Days Sales in Inventory
NI/Ave TA
TD/E

12. Days Sales in Inventory
365/Inv TO
CM/OI
NI - pref dividends/weighted ave common shares
TD/E

13. ROP UL + SS
NI/Ave TA Asset/Equity or ROA Financial Leverage
Dividends per share/mkt price
Usage Rate*Lead Time + Safety Stock
Dividend/EPS

14. Current Ratio
CA/CL
ROE(1-div payout)
(CA-CL)/TA
(TE - P.S Equity) / # common shares

15. Debt to Equity
Purchases/ Ave A/P
TD/E
OI/(OI-int exp-(pref stk/(1-tax))
ROE(1-div payout)

16. Cash Ratio
Expected Stock Out Cost + Carrying Cost
NI/Ave TA Asset/Equity or ROA Financial Leverage
Assets/Equity
Cash + Marketable Securities/Current Liabilities

17. Debt to TA
NI/Ave TA Asset/Equity or ROA Financial Leverage
Dividend/EPS
ROE(1-div payout)
TD/TA

18. Dividend Payout Ratio
Sales in A/R + Days Sales in Inventory
CA/CL
NI/Ave TE
Dividend/EPS

19. Net Profit Margin
Standard Deviation/ Expected RR
EPS/Mkt Price
Ave A/P / Credit Purch * 365
NI/Sales

20. ROE
Dividends per share/mkt price
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
EBIT/TA
NI/Ave TE

21. Net Working Capital Ratio
Ops Cash Flow/CL
Dividend/EPS
(CA-CL)/TA
Net Sales/ Ave TA

22. Degree of Operating Leverage
NI/Ave TA Asset/Equity or ROA Financial Leverage
Assets/Equity
ROE(1-div payout)
CM/OI

23. A/R Turnover
(TE - P.S Equity) / # common shares
NI/Ave TA
Credit Sales/ Ave A/R
CM/OI

24. Days Sales in A/R
COGS/ Ave Inventory
365/A/R TO
Assets/Equity
Mkt Price/EPS

25. Cash Cycle
NI/Ave TA Asset/Equity or ROA Financial Leverage
CA/CL
Operating Cycle - Days Purch in payable
Ave A/P / Credit Purch * 365

26. Dupont ROE
NI/Ave TA Asset/Equity or ROA Financial Leverage
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
365/Inv TO
EBIT/TA

27. Earnings Yield
EBIT/Interest Expense
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Expected Stock Out Cost + Carrying Cost
EPS/Mkt Price

28. Times Interest Earned
COGS/ Ave Inventory
Usage Rate*Lead Time + Safety Stock
EBIT/Interest Expense
Market Price/Book Value

29. Quick Ratio
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Standard Deviation/ Expected RR
Purchases/ Ave A/P
TD/TA

30. ROI
Mkt Price/EPS
F = Marginal Cost - D =Demand - C = Carrying Cost
EBIT/TA
Current Assets - Current Liabilities

31. Coefficient of Variation
(TE - P.S Equity) / # common shares
365/A/R TO
Standard Deviation/ Expected RR
TD/E

32. Cash Flow
Usage Rate*Lead Time + Safety Stock
Sales in A/R + Days Sales in Inventory
Ops Cash Flow/CL
EPS/Mkt Price

33. Degree of Financial Leverage
OI/(OI-int exp-(pref stk/(1-tax))
TD/TA
Ops Cash Flow/CL
Cash + Marketable Securites + Accounts Recievable/Current Liabilities

34. mkt/book
OI/(OI-int exp-(pref stk/(1-tax))
NI - pref dividends/weighted ave common shares
Cash + Marketable Securities/Current Liabilities
Market Price/Book Value

35. Dividend Yield
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
TD/E
Dividends per share/mkt price
COGS/ Ave Inventory

36. Total Asset TO
Net Sales/ Ave TA
EBIT/TA
NI - pref dividends/weighted ave common shares
Dividends per share/mkt price

37. P/E Ratio
EBIT/TA
Mkt Price/EPS
ROE(1-div payout)
Ops Cash Flow/CL

38. A/P Turnover
Sales in A/R + Days Sales in Inventory
Purchases/ Ave A/P
Credit Sales/ Ave A/R
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO

39. Working Capital
Dividend/EPS
365/A/R TO
COGS/ Ave Inventory
Current Assets - Current Liabilities