Assets Cash Short-term investments Accounts receivable, net Merchandise inventory CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 14,880 Accounts payable 8,480 Accrued wages payable 32,680 Income taxes payable 40, 150 Long-term note payable, secured by mortgage on plant assets 2,680 Common stock 153,3ee Retained earnings $ 251,050 Total liabilities and equity 17,5ee 3,200 4,480 72,400 Prepaid expenses Plant assets, net Total assets 83, cee 78,550 $ 251,050 Required: Compute the following: (1) current ratio. (2) acid-test ratio. (3) days' sales uncollected. (4) Inventory turnover. (5) da (6) debt-to-equity ratio. (7) times Interest earned. (8) profit margin ratio. (9) total asset turnover. (10) return on total 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 Red Reg 5 Reg 6 Reg 7 Reg 8 Req9 Reg 10 Compute the inventory turnover. Inventory Turnover Choose Denominator: Choose Numerator: = Inventory Turnover Inventory turnover Oltimes = 17 CABOT CORPORATION Income Statement For Current Year Ended December 31 $ 454,689 Cost of goods sold 296,850 Gross profil 157,750 Operating expenses 99, 100 Interest expense 4.980 Income before Laxes 53.750 Income tax expense 21,653 Net income 32,097 $ Assets Cash Short-term investments Accounts receivable, net Merchandise inventory CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 14,880 Accounts payable 8,480 Accrued wages payable 32,680 Income taxes payable 40, 150 Long-term note payable, secured by mortgage on plant assets 2,680 Common stock 153,3ee Retained earnings $ 251,050 Total liabilities and equity 17,5ee 3,200 4,480 72,400 Prepaid expenses Plant assets, net Total assets 83, cee 78,550 $ 251,050 Required: Compute the following: (1) current ratio. (2) acid-test ratio. (3) days' sales uncollected. (4) Inventory turnover. (5) da (6) debt-to-equity ratio. (7) times Interest earned. (8) profit margin ratio. (9) total asset turnover. (10) return on total 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 Red Reg 5 Reg 6 Reg 7 Reg 8 Req9 Reg 10 Compute the inventory turnover. Inventory Turnover Choose Denominator: Choose Numerator: = Inventory Turnover Inventory turnover Oltimes = 17 CABOT CORPORATION Income Statement For Current Year Ended December 31 $ 454,689 Cost of goods sold 296,850 Gross profil 157,750 Operating expenses 99, 100 Interest expense 4.980 Income before Laxes 53.750 Income tax expense 21,653 Net income 32,097 $