CABOT CORPORATION

Balance Sheet

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Assets Cash Shortterm investments Accounts receivable, net Merchandise inventory Prepaid expenses 247 , Plant assets, net Total assets 296, 950 158, 650 $ 32,814 $ 18,o 8,400 28,600 40, 150 2,850 149,300 $ 247,300 CABOT CORPORATION Balance Sheet December 31 of current Liabilities and Equity Accounts payable Accrued wages payable Income taxes payable Longterm note payable, Common stock Retained earnings year secured by mortgage on plant assets 18,500 5, 3,200 71,40 88, o 61,200 Total liabilities and equity CABOT CORPORATION Income Statement For Current Year Ended December 31 Sa les Cost of goods sold Gross profit Operating expenses Interest expense Income before taxes Income tax expense Net income Required: $ 455,600 99,6eo 4,100 54,950 22,136 Compute the following: (1) current ratio, (2) acid-test ratio, (3) dayst sales uncollected, (4) inventory turnouer, (5) days' sales in inventory, (6) debt-to-equity ratio, (7) times interest earned, (8) profit margin ratio, (9) total asset turnover, (10) return on total assets, and (11) return on equity. Note: Do not round intermediate calculations. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Req 5 Req 4 Req 6 Denominator: Req 5 Req 7 Req 8 Req 9 Req 10 Req 11 Compute the debt-to-equity ratio. (6) Numerator: Debt-to-E ui Ratio Debt-to-equity ratio Otol Req 7