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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. Degree of Financial Leverage
Ave A/P / Credit Purch * 365
OI/(OI-int exp-(pref stk/(1-tax))
EBIT/Interest Expense
EPS/Mkt Price

2. ROP UL + SS
Usage Rate*Lead Time + Safety Stock
Standard Deviation/ Expected RR
Market Price/Book Value
Sales in A/R + Days Sales in Inventory

3. A/P Turnover
NI/Ave TA
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
CA/CL
Purchases/ Ave A/P

4. Earnings Yield
Sales in A/R + Days Sales in Inventory
EPS/Mkt Price
Market Price/Book Value
CM/OI

5. Dividend Payout Ratio
NI/Sales
Dividend/EPS
F = Marginal Cost - D =Demand - C = Carrying Cost
(CA-CL)/TA

6. Cash Ratio
Operating Cycle - Days Purch in payable
Cash + Marketable Securities/Current Liabilities
Usage Rate*Lead Time + Safety Stock
Expected Stock Out Cost + Carrying Cost

7. Days Sales in Inventory
EBIT/Interest Expense
Dividend/EPS
NI/Ave TA
365/Inv TO

8. Book Value
NI/Ave TA
(TE - P.S Equity) / # common shares
Mkt Price/EPS
COGS/ Ave Inventory

9. Current Ratio
Credit Sales/ Ave A/R
ROE(1-div payout)
CA/CL
NI/Sales

10. mkt/book
365/A/R TO
TD/TA
Usage Rate*Lead Time + Safety Stock
Market Price/Book Value

11. Financial Leverage
NI/Ave TE
Operating Cycle - Days Purch in payable
(CA-CL)/TA
Assets/Equity

12. A/R Turnover
365/Inv TO
NI/Sales
Credit Sales/ Ave A/R
Market Price/Book Value

13. Dupont ROA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
NI/Ave TE
Ave A/P / Credit Purch * 365
ROE(1-div payout)

14. Inventory Turnover
CA/CL
CM/OI
COGS/ Ave Inventory
NI - pref dividends/weighted ave common shares

15. Operating Cycle Days
COGS/ Ave Inventory
Dividends per share/mkt price
Operating Cycle - Days Purch in payable
Sales in A/R + Days Sales in Inventory

16. ROE
CA/CL
Dividends per share/mkt price
NI/Ave TE
TD/E

17. Degree of Operating Leverage
Ave A/P / Credit Purch * 365
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Assets/Equity
CM/OI

18. Quick Ratio
Ops Cash Flow/CL
TD/TA
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Assets/Equity

19. Dividend Yield
Net Sales/ Ave TA
Credit Sales/ Ave A/R
Dividends per share/mkt price
ROE(1-div payout)

20. Cash Cycle
Expected Stock Out Cost + Carrying Cost
Sales in A/R + Days Sales in Inventory
Operating Cycle - Days Purch in payable
NI/Ave TE

21. Days Sales in A/R
Standard Deviation/ Expected RR
NI - pref dividends/weighted ave common shares
365/A/R TO
(CA-CL)/TA

22. Debt to Equity
Mkt Price/EPS
EPS/Mkt Price
TD/E
Ave A/P / Credit Purch * 365

23. Cash Flow
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Ops Cash Flow/CL
Dividends per share/mkt price
COGS/ Ave Inventory

24. ROA
NI - pref dividends/weighted ave common shares
COGS/ Ave Inventory
Usage Rate*Lead Time + Safety Stock
NI/Ave TA

25. Working Capital
TD/TA
Current Assets - Current Liabilities
Standard Deviation/ Expected RR
Operating Cycle - Days Purch in payable

26. Debt to TA
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Market Price/Book Value
TD/TA
ROE(1-div payout)

27. Sustainable Growth
ROE(1-div payout)
EPS/Mkt Price
Standard Deviation/ Expected RR
Current Assets - Current Liabilities

28. Cost of Carrying Safety Stock
(TE - P.S Equity) / # common shares
Current Assets - Current Liabilities
Market Price/Book Value
Expected Stock Out Cost + Carrying Cost

29. Total Asset TO
Operating Cycle - Days Purch in payable
Net Sales/ Ave TA
Cash + Marketable Securities/Current Liabilities
COGS/ Ave Inventory

30. EPS
Assets/Equity
COGS/ Ave Inventory
Ave A/P / Credit Purch * 365
NI - pref dividends/weighted ave common shares

31. Net Working Capital Ratio
Expected Stock Out Cost + Carrying Cost
CM/OI
NI - pref dividends/weighted ave common shares
(CA-CL)/TA

32. Times Interest Earned
Purchases/ Ave A/P
Dividends per share/mkt price
EBIT/Interest Expense
OI/(OI-int exp-(pref stk/(1-tax))

33. Dupont ROE
Ave A/P / Credit Purch * 365
Current Assets - Current Liabilities
Expected Stock Out Cost + Carrying Cost
NI/Ave TA Asset/Equity or ROA Financial Leverage

34. EOQ sqrt (2FD/C)
Cash + Marketable Securities/Current Liabilities
F = Marginal Cost - D =Demand - C = Carrying Cost
NI - pref dividends/weighted ave common shares
365/A/R TO

35. ROI
EBIT/TA
Operating Cycle - Days Purch in payable
NI - pref dividends/weighted ave common shares
Purchases/ Ave A/P

36. P/E Ratio
Current Assets - Current Liabilities
EBIT/Interest Expense
EBIT/TA
Mkt Price/EPS

37. Coefficient of Variation
Standard Deviation/ Expected RR
Dividend/EPS
Market Price/Book Value
365/Inv TO

38. Days Purchased in AP
EPS/Mkt Price
NI - pref dividends/weighted ave common shares
Ave A/P / Credit Purch * 365
NI/Ave TA Asset/Equity or ROA Financial Leverage

39. Net Profit Margin
Credit Sales/ Ave A/R
NI/Sales
Mkt Price/EPS
Dividend/EPS