Assets Cash Short-term investments Accounts receivable, net Merchandise inventory CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 14,000 Accounts payable 8,480 Accrued wages payable 32,600 Income taxes payable 40,150 Long-term note payable, secured by mortgage on plant assets 2,600 Common stock 153,300 Retained earnings 251,050 Total liabilities and equity $ 17,500 3,200 4,400 72,400 Prepaid expenses Plant assets, net Total assets 83,eee 70.550 $ 251,050 Required: Compute the following: (1) current ratio. (2) acid-test ratio. (3) days' sales uncollected. (4) Inventory turnov (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 found 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 Req 7 Reg 8 Rey 1 Compute the total asset turnover (9) Total Asset Turnover | Choose Denominator: Choose Numerator: 11 Total Asset Turnover Total asset turnover 0 times Answer 1 of 1 Done 6 Choose Numerator: Total liabilities 97500 Debt to Equity R Choose Total E 153550 1 Workings: Accounts payable Accrued wages payable Income taxes payable Long-term notes payable Total liabilities 17500 3200 4400 72400 97500 Common stock Retained earnings Total equity 83000 70550 153550 Assets Cash Short-term investments Accounts receivable, net Merchandise inventory CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 14,000 Accounts payable 8,480 Accrued wages payable 32,600 Income taxes payable 40,150 Long-term note payable, secured by mortgage on plant assets 2,600 Common stock 153,300 Retained earnings 251,050 Total liabilities and equity $ 17,500 3,200 4,400 72,400 Prepaid expenses Plant assets, net Total assets 83,eee 70.550 $ 251,050 Required: Compute the following: (1) current ratio. (2) acid-test ratio. (3) days' sales uncollected. (4) Inventory turnov (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 found 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 Req 7 Reg 8 Rey 1 Compute the total asset turnover (9) Total Asset Turnover | Choose Denominator: Choose Numerator: 11 Total Asset Turnover Total asset turnover 0 times Answer 1 of 1 Done 6 Choose Numerator: Total liabilities 97500 Debt to Equity R Choose Total E 153550 1 Workings: Accounts payable Accrued wages payable Income taxes payable Long-term notes payable Total liabilities 17500 3200 4400 72400 97500 Common stock Retained earnings Total equity 83000 70550 153550