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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

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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 53,750 Income tax expense 21,653 Net Income $ 32,097 Assets Cash Short-term investiments Accounts receivable, het Merchandise inventory CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity 14,000 Accounts payable 8.400 Accrued wages payable 32.680 Income taxes payable 40,150 Long-term note payable, secured by mortgage on plant assets 2.6ee Common Stock 153.380 Retained earnings $ 251,650 Total liabilities and equity $ 17.500 3.200 4.400 72,400 Prepaid expenses Plant assets, nel Total assets 83.000 70.550 $ 251,ose Assets Cash Short-term investments Accounts receivable, net Merchandise inventory Balance Sheet December 31 Lilabilities and Equity 14,600 Accounts payable 8,480 Accrued wages payable 32,600 Income taxes payable 40,150 Long-term note payable, secured by mortgage on plant assets 2,6e0 Common stock 153,390 Retained earnings 251,050 Total liabilities and equity $ 17,500 3,200 4,400 72,480 Prepaid expenses plant assets, net Total assets 83,800 70.550 $ 251,050 Required: Compute the following: (1) current ratio. (2) acid-test ratio, (3) days' sales uncollected. (4) Inventory turnove (6) debt-to-equity ratlo. (7) times Interest earned, (8) profit margin ratio. (9) total asset turnover. (10) return o on common stockholders' equity. (Do not round Intermediate calculations.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Req 4 Reg 5 Reg 6 Reg 7 Req8 Req9 Red 10 Compute the days' sales uncollected. (3) Days Sales Uncollected Choose Denominator Days Choose Numerator Days Sales Uncollected Days sales uncollected X X H 0 days

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