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Test your basic knowledge |
Certified Managerial Accountant Ratios
Start Test
Study First
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
Dividend/EPS
Ave A/P / Credit Purch * 365
Net Sales/ Ave TA
CM/OI
2. Financial Leverage
TD/E
Credit Sales/ Ave A/R
Assets/Equity
Expected Stock Out Cost + Carrying Cost
3. Total Asset TO
Credit Sales/ Ave A/R
Standard Deviation/ Expected RR
Mkt Price/EPS
Net Sales/ Ave TA
4. Net Working Capital Ratio
TD/TA
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
(CA-CL)/TA
Standard Deviation/ Expected RR
5. Degree of Financial Leverage
Cash + Marketable Securities/Current Liabilities
Ave A/P / Credit Purch * 365
OI/(OI-int exp-(pref stk/(1-tax))
EBIT/TA
6. Days Sales in A/R
CM/OI
365/A/R TO
NI/Ave TA Asset/Equity or ROA Financial Leverage
NI/Ave TE
7. Cash Flow
Cash + Marketable Securities/Current Liabilities
365/Inv TO
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Ops Cash Flow/CL
8. Earnings Yield
365/A/R TO
F = Marginal Cost - D =Demand - C = Carrying Cost
Market Price/Book Value
EPS/Mkt Price
9. Working Capital
NI/Ave TE
NI/Ave TA
NI/Sales
Current Assets - Current Liabilities
10. Times Interest Earned
Current Assets - Current Liabilities
EBIT/Interest Expense
Mkt Price/EPS
NI/Ave TE
11. Debt to Equity
Ops Cash Flow/CL
TD/E
EBIT/Interest Expense
(CA-CL)/TA
12. Dupont ROE
Purchases/ Ave A/P
(TE - P.S Equity) / # common shares
NI/Ave TA Asset/Equity or ROA Financial Leverage
CA/CL
13. Cash Ratio
Cash + Marketable Securities/Current Liabilities
NI/Sales
(TE - P.S Equity) / # common shares
Ops Cash Flow/CL
14. Dividend Payout Ratio
Credit Sales/ Ave A/R
CM/OI
TD/E
Dividend/EPS
15. Net Profit Margin
Cash + Marketable Securities/Current Liabilities
NI/Sales
Mkt Price/EPS
365/Inv TO
16. Debt to TA
TD/TA
EBIT/Interest Expense
Dividends per share/mkt price
Usage Rate*Lead Time + Safety Stock
17. Degree of Operating Leverage
NI/Sales
NI/Ave TA Asset/Equity or ROA Financial Leverage
F = Marginal Cost - D =Demand - C = Carrying Cost
CM/OI
18. Sustainable Growth
(CA-CL)/TA
TD/E
ROE(1-div payout)
NI/Ave TE
19. Current Ratio
Ops Cash Flow/CL
Operating Cycle - Days Purch in payable
CA/CL
365/Inv TO
20. Operating Cycle Days
Sales in A/R + Days Sales in Inventory
Net Sales/ Ave TA
Standard Deviation/ Expected RR
Dividend/EPS
21. Dupont ROA
CM/OI
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Current Assets - Current Liabilities
365/A/R TO
22. A/P Turnover
(CA-CL)/TA
Dividends per share/mkt price
Purchases/ Ave A/P
Ave A/P / Credit Purch * 365
23. Book Value
Ave A/P / Credit Purch * 365
ROE(1-div payout)
(TE - P.S Equity) / # common shares
Cash + Marketable Securities/Current Liabilities
24. EOQ sqrt (2FD/C)
F = Marginal Cost - D =Demand - C = Carrying Cost
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
EBIT/Interest Expense
25. Inventory Turnover
COGS/ Ave Inventory
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
(CA-CL)/TA
NI/Sales
26. mkt/book
Market Price/Book Value
EBIT/TA
NI - pref dividends/weighted ave common shares
NI/Sales
27. A/R Turnover
Credit Sales/ Ave A/R
EBIT/Interest Expense
365/Inv TO
COGS/ Ave Inventory
28. ROA
NI/Ave TA Asset/Equity or ROA Financial Leverage
EBIT/TA
Standard Deviation/ Expected RR
NI/Ave TA
29. Quick Ratio
NI/Ave TA Asset/Equity or ROA Financial Leverage
Cash + Marketable Securities/Current Liabilities
Net Sales/ Ave TA
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
30. ROI
365/A/R TO
EBIT/TA
Credit Sales/ Ave A/R
Assets/Equity
31. ROE
EPS/Mkt Price
Market Price/Book Value
OI/(OI-int exp-(pref stk/(1-tax))
NI/Ave TE
32. Coefficient of Variation
365/A/R TO
Standard Deviation/ Expected RR
F = Marginal Cost - D =Demand - C = Carrying Cost
Current Assets - Current Liabilities
33. P/E Ratio
NI/Ave TE
EBIT/TA
ROE(1-div payout)
Mkt Price/EPS
34. Dividend Yield
TD/TA
F = Marginal Cost - D =Demand - C = Carrying Cost
Usage Rate*Lead Time + Safety Stock
Dividends per share/mkt price
35. Days Sales in Inventory
Market Price/Book Value
CA/CL
ROE(1-div payout)
365/Inv TO
36. EPS
Expected Stock Out Cost + Carrying Cost
NI - pref dividends/weighted ave common shares
CA/CL
EPS/Mkt Price
37. Cash Cycle
Ops Cash Flow/CL
NI - pref dividends/weighted ave common shares
COGS/ Ave Inventory
Operating Cycle - Days Purch in payable
38. Cost of Carrying Safety Stock
ROE(1-div payout)
Expected Stock Out Cost + Carrying Cost
Purchases/ Ave A/P
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
39. ROP UL + SS
Dividends per share/mkt price
365/A/R TO
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Usage Rate*Lead Time + Safety Stock