CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 451,600 Cost of goods sold 297,850 Gross profit 153,758 Operating expenses 99,900 Interest expense 3,900 Income before taxes 50,850 Income tax expense 20,484 Net income $ 30,366 Assets Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 20,000 Accounts payable 9,200 Accrued wages payable 33,800 Income taxes payable 34, 150 Long-term note payable, secured by mortgage on plant assets 2,600 Common stock 152,380 Retained earnings $ 252,050 Total liabilities and equity $ 16,500 4,600 3,100 66,400 89,000 72,450 $ 252,050 _5) days' sales in inventory, 11 Temoy hy. (6) debt-to-equity ratio (7) times interest earned. (8) profit margin ratio. (9) total asset turnover. (10) return on total assets, and (1) return on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below