\begin{tabular}{lr} \multicolumn{2}{c}{ CABOT CORPORATION } \\ Income Statement \\ For Current Year Ended December 31 \\ Sales & $452,600 \\ Cost of goods sold & 297,250 \\ Gross profit & 155,350 \\ Operating expenses & 98,600 \\ Interest expense & 4,400 \\ Income before taxes & 52,350 \\ Income tax expense & 21,089 \\ \hline Net income & $31,261 \\ \hline \end{tabular} Compute the current ratio and acid-test ratio. Compute the days' sales uncollected. Complete this question by entering your answers in the tabs below. Compute the inventory turnover. \begin{tabular}{lr} \multicolumn{2}{c}{ CABOT CORPORATION } \\ Income Statement \\ For Current Year Ended December 31 \\ Sales & $452,600 \\ Cost of goods sold & 297,250 \\ Gross profit & 155,350 \\ Operating expenses & 98,600 \\ Interest expense & 4,400 \\ Income before taxes & 52,350 \\ Income tax expense & 21,089 \\ \hline Net income & $31,261 \\ \hline \end{tabular} Compute the current ratio and acid-test ratio. Compute the days' sales uncollected. Complete this question by entering your answers in the tabs below. Compute the inventory turnover