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$ Assets Cash Short-term investments Accounts receivable, net Merchandise inventory Liabilities and Equity $ 16,000 Accounts payable 9,600 Accrued vages payable 31,400 Income taxes payable

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$ Assets Cash Short-term investments Accounts receivable, net Merchandise inventory Liabilities and Equity $ 16,000 Accounts payable 9,600 Accrued vages payable 31,400 Income taxes payable 40,150 Long-tern note payable, secured by mortgage on plant assets 2,600 Common stock 148,300 Retained earnings $ 248,050 Total liabilities and equity 18,500 3,600 4,200 66,400 points Prepaid expenses Plant assets, net Total assets 81,000 74,350 $ 249,050 Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected. (4) Inventory turnover, (5) days' sales in (6) debt-to-equity ratio. (7) times interest earned, (8) profit margin ratio, (9) total asset turnover (10) return on total assets, and on common stockholders' equity. (Do not round Intermediate calculations.) Print References Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg 7 Red B Reg 9 Reg 10 Reg 11 Compute the current ratio and acid-test ratio. Current Ratio Choose Denominator: Choose Numerator: Current Ratio Current abilities Current ratio 248,050 1.0 to 1 Acid Test Ratio Choose Denominator: Choose Numerator: 1 Acid-Test Ratio Aad Test Ratio Oto 1 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. $54.900; total assets, $209,400, common stock, $81,000; and retained earnings, $45,716.) CABOT CORPORATION Income Statement Tor Current Year Feded December 31 Sales $ 449,600 Coat of goods sold 298.450 Cross profit 151. 150 Operating expenses 99,100 Interest expense Income before taxes 47.950 Income tax expense 19,316 Not income $ 20,634 Cash short-term investments Recounts receivable, et Merchandise inventory CANOT CORPORATION balance sheet December 31 Liabilities and Equity $ 16,000 Recounts payable 9.600 Merved wagos payable 31.400 Income taxes payable 40,150 Long-term note payable, secured by mortgage on plant assets 2,600 common stock 140,300 Retained earnings $ 240,050 Total liabilities and equity 18.500 3.600 4,200 66.000 31.000 Prepaid expenses Plantats.net Total assots 74350 240.050 Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected. (4) Inventory turnover, (5) days' sales in inventory. 16) debt-to-equity ratio, i7 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 hy entering our answers in the tabs below

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