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. Financial Leverage
CM/OI
Assets/Equity
Operating Cycle - Days Purch in payable
Expected Stock Out Cost + Carrying Cost

2. Dividend Yield
(TE - P.S Equity) / # common shares
Credit Sales/ Ave A/R
NI/Ave TA Asset/Equity or ROA Financial Leverage
Dividends per share/mkt price

3. Cash Cycle
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
EBIT/TA
Operating Cycle - Days Purch in payable
Current Assets - Current Liabilities

4. Debt to TA
CA/CL
TD/TA
CM/OI
Mkt Price/EPS

5. EPS
EBIT/Interest Expense
CA/CL
NI - pref dividends/weighted ave common shares
Cash + Marketable Securities/Current Liabilities

6. Current Ratio
Sales in A/R + Days Sales in Inventory
Purchases/ Ave A/P
Operating Cycle - Days Purch in payable
CA/CL

7. Operating Cycle Days
Usage Rate*Lead Time + Safety Stock
Cash + Marketable Securities/Current Liabilities
COGS/ Ave Inventory
Sales in A/R + Days Sales in Inventory

8. Cash Flow
Standard Deviation/ Expected RR
Dividend/EPS
Ops Cash Flow/CL
Operating Cycle - Days Purch in payable

9. A/P Turnover
OI/(OI-int exp-(pref stk/(1-tax))
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Purchases/ Ave A/P
Standard Deviation/ Expected RR

10. ROA
NI/Ave TA
F = Marginal Cost - D =Demand - C = Carrying Cost
EPS/Mkt Price
365/A/R TO

11. Degree of Financial Leverage
NI/Ave TA
OI/(OI-int exp-(pref stk/(1-tax))
Current Assets - Current Liabilities
COGS/ Ave Inventory

12. Cost of Carrying Safety Stock
CM/OI
TD/TA
NI/Ave TA Asset/Equity or ROA Financial Leverage
Expected Stock Out Cost + Carrying Cost

13. Dupont ROA
(TE - P.S Equity) / # common shares
Ave A/P / Credit Purch * 365
Sales in A/R + Days Sales in Inventory
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO

14. Dividend Payout Ratio
EBIT/Interest Expense
Dividend/EPS
CM/OI
OI/(OI-int exp-(pref stk/(1-tax))

15. Sustainable Growth
ROE(1-div payout)
F = Marginal Cost - D =Demand - C = Carrying Cost
Ave A/P / Credit Purch * 365
Net Sales/ Ave TA

16. Coefficient of Variation
EPS/Mkt Price
365/A/R TO
Standard Deviation/ Expected RR
Dividend/EPS

17. Days Purchased in AP
Purchases/ Ave A/P
NI - pref dividends/weighted ave common shares
Dividend/EPS
Ave A/P / Credit Purch * 365

18. ROI
COGS/ Ave Inventory
365/A/R TO
Ops Cash Flow/CL
EBIT/TA

19. Degree of Operating Leverage
EBIT/Interest Expense
CM/OI
COGS/ Ave Inventory
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO

20. Debt to Equity
ROE(1-div payout)
TD/E
NI/Ave TE
Assets/Equity

21. Cash Ratio
NI/Ave TA Asset/Equity or ROA Financial Leverage
Cash + Marketable Securities/Current Liabilities
NI/Ave TA
(TE - P.S Equity) / # common shares

22. Days Sales in Inventory
365/Inv TO
ROE(1-div payout)
EPS/Mkt Price
OI/(OI-int exp-(pref stk/(1-tax))

23. mkt/book
EPS/Mkt Price
Market Price/Book Value
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
(CA-CL)/TA

24. Book Value
(TE - P.S Equity) / # common shares
Credit Sales/ Ave A/R
Current Assets - Current Liabilities
Standard Deviation/ Expected RR

25. Dupont ROE
NI - pref dividends/weighted ave common shares
365/Inv TO
NI/Ave TA Asset/Equity or ROA Financial Leverage
NI/Ave TE

26. Net Profit Margin
NI/Ave TA Asset/Equity or ROA Financial Leverage
(CA-CL)/TA
NI/Sales
NI - pref dividends/weighted ave common shares

27. Earnings Yield
Ops Cash Flow/CL
Expected Stock Out Cost + Carrying Cost
EPS/Mkt Price
Mkt Price/EPS

28. Net Working Capital Ratio
NI/Ave TA Asset/Equity or ROA Financial Leverage
(CA-CL)/TA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Purchases/ Ave A/P

29. A/R Turnover
(TE - P.S Equity) / # common shares
NI/Ave TA
COGS/ Ave Inventory
Credit Sales/ Ave A/R

30. Times Interest Earned
CA/CL
EBIT/TA
Purchases/ Ave A/P
EBIT/Interest Expense

31. P/E Ratio
Mkt Price/EPS
Operating Cycle - Days Purch in payable
365/Inv TO
Cash + Marketable Securites + Accounts Recievable/Current Liabilities

32. Days Sales in A/R
Mkt Price/EPS
365/A/R TO
Dividends per share/mkt price
OI/(OI-int exp-(pref stk/(1-tax))

33. ROE
365/A/R TO
Assets/Equity
NI/Ave TE
Market Price/Book Value

34. ROP UL + SS
(CA-CL)/TA
Usage Rate*Lead Time + Safety Stock
Sales in A/R + Days Sales in Inventory
Dividends per share/mkt price

35. Working Capital
(CA-CL)/TA
Current Assets - Current Liabilities
NI/Ave TA Asset/Equity or ROA Financial Leverage
CM/OI

36. Inventory Turnover
NI/Ave TE
(CA-CL)/TA
COGS/ Ave Inventory
NI/Ave TA Asset/Equity or ROA Financial Leverage

37. Quick Ratio
Sales in A/R + Days Sales in Inventory
365/Inv TO
Market Price/Book Value
Cash + Marketable Securites + Accounts Recievable/Current Liabilities

38. Total Asset TO
CM/OI
Net Sales/ Ave TA
Operating Cycle - Days Purch in payable
NI/Ave TA Asset/Equity or ROA Financial Leverage

39. EOQ sqrt (2FD/C)
365/A/R TO
EBIT/TA
TD/E
F = Marginal Cost - D =Demand - C = Carrying Cost