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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. Dividend Payout Ratio
Dividend/EPS
Purchases/ Ave A/P
TD/TA
Assets/Equity

2. A/P Turnover
CA/CL
Purchases/ Ave A/P
Standard Deviation/ Expected RR
Dividend/EPS

3. Coefficient of Variation
(CA-CL)/TA
Standard Deviation/ Expected RR
(TE - P.S Equity) / # common shares
Credit Sales/ Ave A/R

4. Total Asset TO
NI/Ave TA Asset/Equity or ROA Financial Leverage
NI/Sales
Sales in A/R + Days Sales in Inventory
Net Sales/ Ave TA

5. Dividend Yield
NI/Sales
NI/Ave TA
Dividends per share/mkt price
Dividend/EPS

6. Dupont ROA
CA/CL
365/Inv TO
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Expected Stock Out Cost + Carrying Cost

7. Dupont ROE
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
365/Inv TO
NI/Ave TA Asset/Equity or ROA Financial Leverage
TD/TA

8. Working Capital
CA/CL
Current Assets - Current Liabilities
CM/OI
Net Sales/ Ave TA

9. Net Working Capital Ratio
(CA-CL)/TA
Assets/Equity
Standard Deviation/ Expected RR
OI/(OI-int exp-(pref stk/(1-tax))

10. Cash Cycle
Operating Cycle - Days Purch in payable
ROE(1-div payout)
Credit Sales/ Ave A/R
Cash + Marketable Securites + Accounts Recievable/Current Liabilities

11. Debt to Equity
ROE(1-div payout)
NI/Ave TA
F = Marginal Cost - D =Demand - C = Carrying Cost
TD/E

12. Financial Leverage
Current Assets - Current Liabilities
Assets/Equity
Dividends per share/mkt price
NI/Ave TA Asset/Equity or ROA Financial Leverage

13. Days Sales in A/R
365/A/R TO
(TE - P.S Equity) / # common shares
Operating Cycle - Days Purch in payable
Net Sales/ Ave TA

14. ROE
Ave A/P / Credit Purch * 365
Sales in A/R + Days Sales in Inventory
NI/Ave TA
NI/Ave TE

15. Earnings Yield
EBIT/Interest Expense
EPS/Mkt Price
Expected Stock Out Cost + Carrying Cost
TD/E

16. P/E Ratio
Credit Sales/ Ave A/R
(TE - P.S Equity) / # common shares
Assets/Equity
Mkt Price/EPS

17. Book Value
Expected Stock Out Cost + Carrying Cost
CA/CL
(TE - P.S Equity) / # common shares
365/Inv TO

18. Quick Ratio
365/Inv TO
TD/TA
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
365/A/R TO

19. Degree of Financial Leverage
NI/Ave TA Asset/Equity or ROA Financial Leverage
NI/Sales
OI/(OI-int exp-(pref stk/(1-tax))
365/A/R TO

20. Days Sales in Inventory
(TE - P.S Equity) / # common shares
NI/Sales
365/Inv TO
NI - pref dividends/weighted ave common shares

21. Times Interest Earned
EBIT/Interest Expense
F = Marginal Cost - D =Demand - C = Carrying Cost
365/Inv TO
NI - pref dividends/weighted ave common shares

22. Operating Cycle Days
Sales in A/R + Days Sales in Inventory
365/Inv TO
365/A/R TO
NI/Sales

23. Sustainable Growth
NI - pref dividends/weighted ave common shares
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Dividend/EPS
ROE(1-div payout)

24. ROA
CM/OI
CA/CL
TD/E
NI/Ave TA

25. mkt/book
Market Price/Book Value
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
F = Marginal Cost - D =Demand - C = Carrying Cost
Dividend/EPS

26. Days Purchased in AP
TD/E
OI/(OI-int exp-(pref stk/(1-tax))
EBIT/TA
Ave A/P / Credit Purch * 365

27. Current Ratio
CA/CL
Current Assets - Current Liabilities
F = Marginal Cost - D =Demand - C = Carrying Cost
TD/TA

28. Degree of Operating Leverage
F = Marginal Cost - D =Demand - C = Carrying Cost
Cash + Marketable Securities/Current Liabilities
Net Sales/ Ave TA
CM/OI

29. Debt to TA
Credit Sales/ Ave A/R
Dividends per share/mkt price
TD/TA
Standard Deviation/ Expected RR

30. Inventory Turnover
Credit Sales/ Ave A/R
365/Inv TO
COGS/ Ave Inventory
TD/E

31. ROP UL + SS
EPS/Mkt Price
Usage Rate*Lead Time + Safety Stock
Purchases/ Ave A/P
Cash + Marketable Securities/Current Liabilities

32. ROI
NI/Sales
EBIT/Interest Expense
Assets/Equity
EBIT/TA

33. Cash Flow
Cash + Marketable Securities/Current Liabilities
NI/Sales
EBIT/TA
Ops Cash Flow/CL

34. Net Profit Margin
Current Assets - Current Liabilities
NI/Sales
NI/Ave TE
COGS/ Ave Inventory

35. EPS
Sales in A/R + Days Sales in Inventory
NI - pref dividends/weighted ave common shares
Current Assets - Current Liabilities
CM/OI

36. Cost of Carrying Safety Stock
Purchases/ Ave A/P
Expected Stock Out Cost + Carrying Cost
Ave A/P / Credit Purch * 365
365/Inv TO

37. EOQ sqrt (2FD/C)
EPS/Mkt Price
F = Marginal Cost - D =Demand - C = Carrying Cost
Sales in A/R + Days Sales in Inventory
Current Assets - Current Liabilities

38. A/R Turnover
Cash + Marketable Securities/Current Liabilities
TD/E
Credit Sales/ Ave A/R
NI/Ave TE

39. Cash Ratio
Cash + Marketable Securities/Current Liabilities
OI/(OI-int exp-(pref stk/(1-tax))
ROE(1-div payout)
365/Inv TO