ces Selected current year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31 of the prior year were inventory, $53.900; total assets, $189,400; common stock, $85,000, and retained earnings. $41,859.) Assets Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets CABOT CORPORATION CABOT CORPORATION Balance Sheet December 31 of current year Liabilities and Equity Accounts payable $ 20,000 8,800 Accrued wages payable 33,200 Income taxes payable 34,150 Long-term note payable, secured by mortgage on plant assets 3,000 152,300 $251,450 Common stock Retained earnings Total liabilities and equity Income Statement For Current Year Ended December 31 Sales Cost of goods sold Gross profit $449,600 297,558 152,050 $ 17,500 3,600 4,800 69,400 85,000 71,150 $251,450 Operating expenses Interest expense Income before taxes Income tax expense Net income Required: 98,800 4,200 49,050 19,759 $29,291 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 equity Note: Do not round intermediate calculations.