Assets Cash Short-term investments Accounts receivable, net Merchandise inventory CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 14,999 Accounts payable 8,400 Accrued wages payable 32,600 Income taxes payable 40,150 Long-term note payable, secured by mortgage on plant assets 2,680 Common stock 153,380 Retained earnings $ 251,650 Total liabilities and equity $ 17,500 3,208 4,400 72,488 Prepaid expenses Plant assets, net Total assets 83,eee 70,55e $ 251,050 Required: Compute the following: (1) current ratio. (2) acid-test ratio. (3) days' sales uncollected. (4) Inventory turnove (6) debt-to-equity ratio. (7) times interest earned, (8) profit margin ratio. (9) total asset turnover (10) return on common stockholders' equity. (Do not round Intermediate calculations.) 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 Req8 Reg 9 Reg 1 Compute the return on total assets. (10) Return on Total Assets Choose Denominator: Choose Numerator: 7 Return on Total Assets Return on total assets 1 It 0 % 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. $48,900: total assets, $239,400, common stock. $83,000; and retained earrings. $38,453.) CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 454.668 Cost of goods sold 296.850 Gross profit 157.750 Operating expenses 99.100 Interest expense 4,900 Income before taxes 53.75e Income tax expense 21.653 Net Income $ 32,097 Assets Cash Short-term investments Accounts receivablar.net Merchandise Inventory CAI CORPORATION Dalance Sheet December 31 Liabilities and Cquity $ 14.000 Accounts payable 8,400 Acerund wages payable 32.600 Income taxes payable 40,150 Longe note payable, secured by more on plantas 2.600 Common stock 1612100 Retained warning $251.050 Total abilities and equity $17.500 3.200 3.400 72.400 Prepaid expenses Plantas, net Totul assets 0.000 7050 $ 251.030