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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
365/Inv TO
Dividends per share/mkt price
NI/Sales
TD/TA

2. Coefficient of Variation
Net Sales/ Ave TA
Expected Stock Out Cost + Carrying Cost
365/Inv TO
Standard Deviation/ Expected RR

3. Inventory Turnover
EBIT/Interest Expense
COGS/ Ave Inventory
NI/Sales
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO

4. Degree of Financial Leverage
OI/(OI-int exp-(pref stk/(1-tax))
EBIT/TA
NI/Ave TE
NI/Ave TA

5. Operating Cycle Days
Assets/Equity
Sales in A/R + Days Sales in Inventory
Dividend/EPS
Market Price/Book Value

6. A/R Turnover
Net Sales/ Ave TA
Credit Sales/ Ave A/R
COGS/ Ave Inventory
ROE(1-div payout)

7. Cash Cycle
Operating Cycle - Days Purch in payable
CM/OI
Standard Deviation/ Expected RR
365/A/R TO

8. ROE
NI/Ave TE
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Ops Cash Flow/CL
Standard Deviation/ Expected RR

9. Times Interest Earned
EPS/Mkt Price
ROE(1-div payout)
Cash + Marketable Securities/Current Liabilities
EBIT/Interest Expense

10. Dividend Yield
NI/Ave TA
CM/OI
Dividends per share/mkt price
Ave A/P / Credit Purch * 365

11. A/P Turnover
F = Marginal Cost - D =Demand - C = Carrying Cost
Purchases/ Ave A/P
Assets/Equity
Cash + Marketable Securites + Accounts Recievable/Current Liabilities

12. EPS
CM/OI
NI - pref dividends/weighted ave common shares
(CA-CL)/TA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO

13. Debt to Equity
TD/E
NI/Sales
Market Price/Book Value
Current Assets - Current Liabilities

14. Days Sales in A/R
Ave A/P / Credit Purch * 365
365/A/R TO
NI/Ave TE
Assets/Equity

15. Dupont ROA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
F = Marginal Cost - D =Demand - C = Carrying Cost
Credit Sales/ Ave A/R
Ops Cash Flow/CL

16. Current Ratio
CA/CL
Sales in A/R + Days Sales in Inventory
Current Assets - Current Liabilities
Net Sales/ Ave TA

17. Dupont ROE
NI - pref dividends/weighted ave common shares
EPS/Mkt Price
NI/Ave TA Asset/Equity or ROA Financial Leverage
EBIT/Interest Expense

18. Degree of Operating Leverage
NI/Ave TE
NI/Ave TA Asset/Equity or ROA Financial Leverage
Expected Stock Out Cost + Carrying Cost
CM/OI

19. Net Profit Margin
(TE - P.S Equity) / # common shares
Credit Sales/ Ave A/R
NI/Sales
TD/E

20. Cash Ratio
ROE(1-div payout)
OI/(OI-int exp-(pref stk/(1-tax))
CA/CL
Cash + Marketable Securities/Current Liabilities

21. ROP UL + SS
NI - pref dividends/weighted ave common shares
COGS/ Ave Inventory
Usage Rate*Lead Time + Safety Stock
Ops Cash Flow/CL

22. Days Sales in Inventory
ROE(1-div payout)
NI/Sales
365/Inv TO
Standard Deviation/ Expected RR

23. Earnings Yield
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
EPS/Mkt Price
OI/(OI-int exp-(pref stk/(1-tax))
Mkt Price/EPS

24. EOQ sqrt (2FD/C)
Purchases/ Ave A/P
365/Inv TO
EBIT/TA
F = Marginal Cost - D =Demand - C = Carrying Cost

25. Cash Flow
365/A/R TO
NI - pref dividends/weighted ave common shares
Ops Cash Flow/CL
Standard Deviation/ Expected RR

26. Financial Leverage
365/Inv TO
Assets/Equity
Current Assets - Current Liabilities
Dividend/EPS

27. ROA
NI/Ave TA
Market Price/Book Value
EPS/Mkt Price
Assets/Equity

28. Net Working Capital Ratio
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
(CA-CL)/TA
NI/Ave TA
Standard Deviation/ Expected RR

29. Book Value
Mkt Price/EPS
Purchases/ Ave A/P
Standard Deviation/ Expected RR
(TE - P.S Equity) / # common shares

30. Dividend Payout Ratio
Mkt Price/EPS
365/A/R TO
CA/CL
Dividend/EPS

31. ROI
CM/OI
EBIT/TA
TD/E
(TE - P.S Equity) / # common shares

32. Days Purchased in AP
Current Assets - Current Liabilities
Ave A/P / Credit Purch * 365
NI/Sales
Credit Sales/ Ave A/R

33. Total Asset TO
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Expected Stock Out Cost + Carrying Cost
CM/OI
Net Sales/ Ave TA

34. mkt/book
EBIT/TA
Net Sales/ Ave TA
TD/E
Market Price/Book Value

35. Cost of Carrying Safety Stock
365/Inv TO
Expected Stock Out Cost + Carrying Cost
Standard Deviation/ Expected RR
EBIT/TA

36. Sustainable Growth
Expected Stock Out Cost + Carrying Cost
ROE(1-div payout)
NI/Ave TA
(CA-CL)/TA

37. Quick Ratio
Standard Deviation/ Expected RR
CM/OI
Cash + Marketable Securities/Current Liabilities
Cash + Marketable Securites + Accounts Recievable/Current Liabilities

38. P/E Ratio
Mkt Price/EPS
Standard Deviation/ Expected RR
Dividends per share/mkt price
EPS/Mkt Price

39. Working Capital
Operating Cycle - Days Purch in payable
COGS/ Ave Inventory
Current Assets - Current Liabilities
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO