13: Assessment Saved 1 Assets Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses CABOT CORPORATION Balance Sheet December 31 of current year Liabilities and Equity $ 10,000 Accounts payable 9,200 Accrued wages payable 31,400 Income taxes payable 30,150 Long-term note payable, secured by mortgage on plant assets Plant assets, net 3,050 152,300 Common stock Retained earnings Total assets $ 236,100 Total liabilities and equity Ook CABOT CORPORATION mnt 0 nces Income Statement For Current Year Ended December 31 Sales Cost of goods sold Gross profit Operating expenses Interest expense. Income before taxes Income tax expense Net income $ 450,600 298,350 152,250 99,300 4,500 48,450 19,518 $ 28,932 $ 17,500 3,800 4,700 69,400 88,000 52,700 $ 236,100 Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) 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 equity. (Do not round intermediate calculations.)