15 01:52:23 Selected current year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31 of the prior year were inventory, $47,900; total assets, $179,400; common stock, $88,000; and retained earnings, $43,388.) Assets Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets. CABOT CORPORATION Income Statement CABOT CORPORATION Balance Sheet December 31 of current year Liabilities and Equity $ 14,000 Accounts payable 9,400 Accrued wages payable $ 18,500. 3,000 34,000 Income taxes payable 3,600 40,150 Long-term note payable, secured by mortgage on 66,400 plant assets 3,150 Common stock. 88,000 151,300 Retained earnings 72,500 $ $ 252,000 Total liabilities and equity 252,000 For Current Year Ended December Sales 31 Cost of goods sold $ 449,600 297,750 Gross profit Operating expenses Interest expense Income before taxes. Income tax expense Net income Required: 151,850. 99,200 3,900 48,750 19,638 $ 29,112 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.)