1 Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit selected balance sheet amounts at December 31, 2016, were inventory $55.900. total assets. $219.400, common stock 581000, and retained earnings $46,269) 15 points CABOT CORPORATION Income Statement for Year Ended December 13, 2017 Sales 5 452,600 Cost of goods sold 297,750 Gross profit 154,850 Operating expenses 98,500 Interest expense 5,600 Thicone before taxes 52,550 Income taxes Net Income $ 31,381 CADOT CORPORATION Assets December 31, 2017 Liabilities and Equity 20,000 Accounts payable 3,600 Accrued pable 33,600 Income taxes payable Short-ter Inwesten Accounts receivable, net Notes receivable (trade) Merchandise inventory Prepaid expenses Plant sot, net Total assets 01.00 4,500 36,150 Longiere note payable second Wor plant risets 2.000 con stock 152,100 Retained warnings 257,050 Total liabilities and equity 5257.50 tom customer (trade) sales Suod Yuant assets, net Total assets 154. Petane ning $ 257,050 Total liabilities and equity 257,050 1 These are short-term notes receivable arising from customer (trade) sales. Required: Compute the following: (1) current ratio, 2) acid-test ratio: (a) days sales uncollected. (4) inventory turnover. (5) days' sales in Inventory (6) debt-to-equity ratio. (7) tines Interest earned, (8) profit margin ratio. (9) total asset turnover (10) return on total assets, and (19) return on common stockholders' equity (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Red 4 Red 5 Reg 6 Red Reg 8 Rec9 Reg 10 Reg 11 Compute the current ratio and acid-test ratio (11) Current Ratio 1 Choose Denominator Choose Numerator: Current Ratio Current ratio to 1 2017 (21 Acid-Test Ratio Choose Denominator Choose Numerator Acid-Test Ratio Acd Tost Ratio to 1 2017 Reg 3 > These are short-term notes receivable arising from customer (trade) sales Required: Compute the following: (1) current ratio (2) acid-test ratio (3) days' sales uncollected. (4) Inventory tomover, (5) days sales in inventory (6) debt-to-equity ratio (7) times interest earned. (8) profit margin ratio (9) total asset turnover (10) return on total assets and (11) return on common stockholders equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Red 1 and 2 Reh Reg 4 Red 5 Reg 6 Reg 2 Reg 8 Rogo Reg 10 Reg 11 Compute the day sales uncollected (3) Choose Numerator: Days' Sales Uncollectest Choose Denominator: Days Onys Sales Uncollected Diys sales incolected 2017 days Savad Piant assets.net Total assets 15 Retina $ 257,050 Total liabilities and equity 1/. $257,050 1 These are short-term notes receivable alsing from customer (trade) sales 5 points Required: Compute the following: (1) current ratio (2) acid test ratio 1 days sales uncollected, (4) inventory turnover. (5) days' sales in Inventory (6) debt-to-equity ratio (7 times interest earned. (8) profit margin ratio (9) total asset turnover (10) return on total assets, and (11) return on common stockholders equity (Do not round intermediate colculations.) Complete this question by entering your answers in the tabs below. Res 1 and 2 Reg 3 Reg Hea Reg 6 Red Reg Red Reg 10 Compute the inventory turnover Inventory Turnover Choose Denominator Choose Numerator Inventory Turnover Inventory turnover times 2017 Reg 3 Req6 > These are short term notes receivable arising from customer (trade) sales. Required: Compute the following: (ty current ratio, (2) acid test ratio (3) days sales uncollected. (4) inventory turnover (5)days sales in inventory (6) debt-to-equity ratio. times interest eated (8) ptofit margin ratio (9) total asset turnover (10) return on total assets and (11) return on common stockholders' equity. (Do not round Intermediate calculations.) 15 points Complete this question by entering your answers in the tabs below. Red 1 and 2 Red Reg4 Regs Reg. Reg 7 Reg Red Re 10 11 Compute the days sales in Inventory 16] Days Sales in Inventory Choose Denominator: Days Choose Numerator Days Sales In Inventory Days' sales in Inventory days 2017 Fisheducation com2 17. Quiz Sound Pintes, et Total assets 124 Hetta $257,050 Total liabilities and equity 257.95 These are short term nots receivable arising from customer (trade) sales. Required: Compute the following: (1) current ratio, (2) acid testratto (3) days' sales uncollected, (4) inventory turnover (5) days sales in Inventory (6) debt to equity ratio) times interest earned, (8) profit margin ratio (9) total asset turnover. (10) return on total assets, and (11) retum on common stockholders equity (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Red 1 and 2 Reg 3 Reg1 Res. Beb Reg? Rand Rega Reg 10 Reg 11 Compute the times interest earned (7) Times Interest Earned Choose Denominator Choose Numerator: Tires Interest Earned Times interest earned imes 2017: Prey Next ME Gra Fimsmeducation Quiz its, not Total assets Und warnings $257,050 Total liabilities and city 5257,050 1 These are short term notes receivable arising from customer (trade) sales Required Compute the following: (1) current ratio. 2) acid test ratio) days sales uncollected. (4) inventory tumover (5) days sales in inventory (6) debt to equity ratio. (7) times interest earned (8) profit margin ratio (9) total asset turnover (10) return on total assets, and return on common stockholders' equity. (Do not round intermediate calculations.) 15 points Complete this question by entering your answers in the tabs below Red Land Reg Red the 5 - Rego R le 10 B011 Compute the totale turnover 19) Choose Numerator Total Asset Turnove Choose Denominator Total Asset Turnover to turnover 2017 Et , Help Save $157,056 Total Haliti 1 * These are short term ictes receivable arising from customer rade) sales. Required: Compute the following my cutient ratio, cd test tatto days whes neollected. (Al inventory over 15 days be inventory 16 debit to-equity ratio (7) times interesteamed, 18 profit margin ratio 19 total isset over to return on total, and it on common stockholders equity. Do not round intermediate colculations.) 15 DO Complete this question by entering your answers in the talis below. Re10 Red and fel Compute the return on total 1101 Return on Total Ant Choose Numerator Choose Denominator Return Total Assets Renon 2017 Chapter 17. QUO Yo Help See & E Sube DEN $ 25,00 Total Hint $2,00 1 "These are short to notes receivable sing from customer sales Required: Compute the following arratio addestration de colected. My intory timove (day was very 16 to equitysato, times interest and profits to set over ett foto, and more on common stockholders equity (Do not round intermediate calculations) Complete this question by enter your answers in the table. > Compate the two concerty 11 Choose frutton Common Stockholm Choose Deniminator Return on County 2012 Res 10 1 Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit selected balance sheet amounts at December 31, 2016, were inventory $55.900. total assets. $219.400, common stock 581000, and retained earnings $46,269) 15 points CABOT CORPORATION Income Statement for Year Ended December 13, 2017 Sales 5 452,600 Cost of goods sold 297,750 Gross profit 154,850 Operating expenses 98,500 Interest expense 5,600 Thicone before taxes 52,550 Income taxes Net Income $ 31,381 CADOT CORPORATION Assets December 31, 2017 Liabilities and Equity 20,000 Accounts payable 3,600 Accrued pable 33,600 Income taxes payable Short-ter Inwesten Accounts receivable, net Notes receivable (trade) Merchandise inventory Prepaid expenses Plant sot, net Total assets 01.00 4,500 36,150 Longiere note payable second Wor plant risets 2.000 con stock 152,100 Retained warnings 257,050 Total liabilities and equity 5257.50 tom customer (trade) sales Suod Yuant assets, net Total assets 154. Petane ning $ 257,050 Total liabilities and equity 257,050 1 These are short-term notes receivable arising from customer (trade) sales. Required: Compute the following: (1) current ratio, 2) acid-test ratio: (a) days sales uncollected. (4) inventory turnover. (5) days' sales in Inventory (6) debt-to-equity ratio. (7) tines Interest earned, (8) profit margin ratio. (9) total asset turnover (10) return on total assets, and (19) return on common stockholders' equity (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Red 4 Red 5 Reg 6 Red Reg 8 Rec9 Reg 10 Reg 11 Compute the current ratio and acid-test ratio (11) Current Ratio 1 Choose Denominator Choose Numerator: Current Ratio Current ratio to 1 2017 (21 Acid-Test Ratio Choose Denominator Choose Numerator Acid-Test Ratio Acd Tost Ratio to 1 2017 Reg 3 > These are short-term notes receivable arising from customer (trade) sales Required: Compute the following: (1) current ratio (2) acid-test ratio (3) days' sales uncollected. (4) Inventory tomover, (5) days sales in inventory (6) debt-to-equity ratio (7) times interest earned. (8) profit margin ratio (9) total asset turnover (10) return on total assets and (11) return on common stockholders equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Red 1 and 2 Reh Reg 4 Red 5 Reg 6 Reg 2 Reg 8 Rogo Reg 10 Reg 11 Compute the day sales uncollected (3) Choose Numerator: Days' Sales Uncollectest Choose Denominator: Days Onys Sales Uncollected Diys sales incolected 2017 days Savad Piant assets.net Total assets 15 Retina $ 257,050 Total liabilities and equity 1/. $257,050 1 These are short-term notes receivable alsing from customer (trade) sales 5 points Required: Compute the following: (1) current ratio (2) acid test ratio 1 days sales uncollected, (4) inventory turnover. (5) days' sales in Inventory (6) debt-to-equity ratio (7 times interest earned. (8) profit margin ratio (9) total asset turnover (10) return on total assets, and (11) return on common stockholders equity (Do not round intermediate colculations.) Complete this question by entering your answers in the tabs below. Res 1 and 2 Reg 3 Reg Hea Reg 6 Red Reg Red Reg 10 Compute the inventory turnover Inventory Turnover Choose Denominator Choose Numerator Inventory Turnover Inventory turnover times 2017 Reg 3 Req6 > These are short term notes receivable arising from customer (trade) sales. Required: Compute the following: (ty current ratio, (2) acid test ratio (3) days sales uncollected. (4) inventory turnover (5)days sales in inventory (6) debt-to-equity ratio. times interest eated (8) ptofit margin ratio (9) total asset turnover (10) return on total assets and (11) return on common stockholders' equity. (Do not round Intermediate calculations.) 15 points Complete this question by entering your answers in the tabs below. Red 1 and 2 Red Reg4 Regs Reg. Reg 7 Reg Red Re 10 11 Compute the days sales in Inventory 16] Days Sales in Inventory Choose Denominator: Days Choose Numerator Days Sales In Inventory Days' sales in Inventory days 2017 Fisheducation com2 17. Quiz Sound Pintes, et Total assets 124 Hetta $257,050 Total liabilities and equity 257.95 These are short term nots receivable arising from customer (trade) sales. Required: Compute the following: (1) current ratio, (2) acid testratto (3) days' sales uncollected, (4) inventory turnover (5) days sales in Inventory (6) debt to equity ratio) times interest earned, (8) profit margin ratio (9) total asset turnover. (10) return on total assets, and (11) retum on common stockholders equity (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Red 1 and 2 Reg 3 Reg1 Res. Beb Reg? Rand Rega Reg 10 Reg 11 Compute the times interest earned (7) Times Interest Earned Choose Denominator Choose Numerator: Tires Interest Earned Times interest earned imes 2017: Prey Next ME Gra Fimsmeducation Quiz its, not Total assets Und warnings $257,050 Total liabilities and city 5257,050 1 These are short term notes receivable arising from customer (trade) sales Required Compute the following: (1) current ratio. 2) acid test ratio) days sales uncollected. (4) inventory tumover (5) days sales in inventory (6) debt to equity ratio. (7) times interest earned (8) profit margin ratio (9) total asset turnover (10) return on total assets, and return on common stockholders' equity. (Do not round intermediate calculations.) 15 points Complete this question by entering your answers in the tabs below Red Land Reg Red the 5 - Rego R le 10 B011 Compute the totale turnover 19) Choose Numerator Total Asset Turnove Choose Denominator Total Asset Turnover to turnover 2017 Et , Help Save $157,056 Total Haliti 1 * These are short term ictes receivable arising from customer rade) sales. Required: Compute the following my cutient ratio, cd test tatto days whes neollected. (Al inventory over 15 days be inventory 16 debit to-equity ratio (7) times interesteamed, 18 profit margin ratio 19 total isset over to return on total, and it on common stockholders equity. Do not round intermediate colculations.) 15 DO Complete this question by entering your answers in the talis below. Re10 Red and fel Compute the return on total 1101 Return on Total Ant Choose Numerator Choose Denominator Return Total Assets Renon 2017 Chapter 17. QUO Yo Help See & E Sube DEN $ 25,00 Total Hint $2,00 1 "These are short to notes receivable sing from customer sales Required: Compute the following arratio addestration de colected. My intory timove (day was very 16 to equitysato, times interest and profits to set over ett foto, and more on common stockholders equity (Do not round intermediate calculations) Complete this question by enter your answers in the table. > Compate the two concerty 11 Choose frutton Common Stockholm Choose Deniminator Return on County 2012 Res 10