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CABOT CORPORATION Income statement For Current Year Ended December 31 Sales $ 454,600 Cost of goods sold 296,850 Gross profit 157.750 Operating expenses 99 100

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CABOT CORPORATION Income statement For Current Year Ended December 31 Sales $ 454,600 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 receivable.net Merchandise inventory CABOT CORPORATION Balance Sheet December 31 Liabililies and Equity $ 14.680 Accounts payable 8,480 Accrued wages payable 32,600 Income taxes payable 48, 150 Long-term rote payable, secured by morgage on plant assets Common stock 153 Jee Retained earnings $ 251.ese Total liabilities and equity 17,5ee 3.ee 4.400 72,400 Prepaid expenses Blant assets, vel che 20.ee 7e55e $ 251.ose Totalt Renred 11-13 Saver Assets Cash Short-term Investments Accounts receivable, net Merchandise inventory CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 14,600 Accounts payable 8.400 Accrued wages payable 32,600 Income taxes payable 40,150 Long-term note payable, secured by mortgage on plant assets 2,600 Common stock 153,300 Retained earnings $ 251,050 Total liabilities and equity $ 17,500 3,209 4,4ee 72,400 Prepaid expenses Plant assets, net Total assets 83,888 70,55 $ 251,05 Required: Compute the following: (1) current ratlo. (2) acid-test ratio. (3) days' sales uncollected. (4) Inventory turnover. (5) da (6) debt-to-equity ratio. (7) times Interest earned. (8) profit margin ratio. (9) total asset turnover (10) return on total 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 Req 4 Reals Reg 6 Reg 7 Reg & Reg 9 Reg 10 RE Compute the days' sales in inventory. Req 5 (5) Choose Numerator: 1 Days' Sales in Inventory Choose Denominator: X Days 1 = Days' Sales in Inventory Days' sales in inventory O days 1 X

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