CABOT CORPORATION Income Statement For Year Ended December 31, 2015
Sales	$	447,600
Cost of goods sold		298,450
Gross profit		149,150
Operating expenses		98,800
Interest expense		4,700
Income before taxes		45,650
Income taxes		18,390
Net income	$	27,260

CABOT CORPORATION Balance Sheet December 31, 2015
Assets				Liabilities and Equity
Cash	$	10,000		Accounts payable	$	16,500
Short-term investments		8,800		Accrued wages payable		4,000
Accounts receivable, net		30,800		Income taxes payable		4,600
Notes receivable (trade)*		4,500		Long-term note payable, secured
Merchandise inventory		38,150		by mortgage on plant assets		68,400
Prepaid expenses		2,700		Common stock		87,000
Plant assets, net		150,300		Retained earnings		64,750
Total assets	$	245,250		Total liabilities and equity	$	245,250

* These are short-term notes receivable arising from customer (trade) sales.

Required:

Compute the following:

(1) current ratio,

(2) acid-test ratio,

(3) days' sales uncollected,

(4) inventory turnover,

(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 common stockholders' equity.