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CTP Certified Turnaround Professional VIP Practice Exam
CTP — The Certified Turnaround Professional (CTP) credential is issued by the Turnaround Management Association (TMA). The exam is a computer-based multiple-choice assessment covering financial analysis, operational restructuring, legal/bankruptcy, crisis management, and stakeholder relations; candidates must also meet experience and education requirements set by the TMA.
52
Questions
240m
Time Limit
70.00%
To Pass
Question 1 of 52👑 VIP
A mid-sized manufacturer has retained you as a turnaround advisor. Upon review, you find the company has $18M in secured debt, $4M in unsecured trade payables, and a trailing twelve-month EBITDA of $2.1M. The primary secured lender is demanding immediate repayment. Which of the following metrics should you calculate FIRST to assess the severity of the liquidity crisis?
Questions 2–52 and full explanations are VIP-exclusive.