(5) Days' Sales in Inventory. \begin{tabular}{|l|c|c|c|c|c|c|} \hline Numerator: & 1 & Denominator: & & Days & = & Days' Sales in Inventory \\ \hline & 1 & & & & = & Days' sales in inventory \\ \hline & 1 & & & & = & 0 days \\ \hline \end{tabular} Req 4 Req6> Compute the inventory turnover. ute the return on equity. Compute the return on total assets. Compute the total asset turnover. \begin{tabular}{|l|l|l|l|l|l|} \hline (8) & \multicolumn{3}{|c|}{ Profit Margin Ratio } & \& \\ \hline & Numerator: & 1 & Denominator: & = & Profit margin ratio \\ \hline & 1 & & = & Profit margin ratio \\ \hline & 1 & & = & 0 & % \\ \hline \end{tabular} Compute the debt-to-equity ratio. \begin{tabular}{|c|c|c|c|c|c|c|c|} \hline \multirow[t]{2}{*}{ (3) } & \multicolumn{7}{|c|}{ Days' Sales Uncollected } \\ \hline & Numerator: & 1 & Denominator: & x & Days & = & Days Sales Uncollected \\ \hline & & 1 & & x & & = & Days sales uncollected \\ \hline & & 1 & & x & & = & 0 days \\ \hline \end{tabular} Compute the current ratio and acid-test ratio. 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. Note: Do not round intermediate calculations. Complete this question by entering your answers in the tabs below. CABOT CORPORATION Balance Sheet December 31 of current year Liabilities and Equity Accounts payable Accrued wages payable Income taxes payable Long-term note payable, secured by mortgage on plant assets Common stock Retained earnings Total liabilities and equity $16,500 4,600 4,200 65,400 86,000 62,700 $239,400 \begin{tabular}{lr} Assets & \\ Cash & $16,000 \\ Short-term investments & 8,600 \\ Accounts receivable, net & 28,800 \\ Merchandise inventory & 30,150 \\ Prepaid expenses & 2,550 \\ Plant assets, net & 153,300 \\ Total assets & $239,400 \\ \hline \hline \end{tabular} CABOT CORPORATION Income Statement For Current Year Ended December 31 \begin{tabular}{lr} Sales & $451,600 \\ Cost of goods sold & 296,850 \\ Gross profit & 154,750 \\ Operating expenses & 98,800 \\ Interest expense & 4,000 \\ Income before taxes & 51,950 \\ Income tax expense & 20,928 \\ Net income & $31,022 \end{tabular}