Check my 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, $48,900, total assets, $239,400, common stock. $87000, and retained earnings. $38,568) CABOT CORPORATION Income statement For Current Year Ended December 31 Sales $ 448,600 Cost of goods sold 292,350 Gross profit 151,250 Operating expenses 98.900 Interest expense 3.900 Income before taxes 48,450 Income tax expense 19,518 Net Income $ 28,932 19,500 3,200 Assets Cash Short-term Investments Accounts receivable, net Merchandise Inventory CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity 12,000 Accounts payable 8,800 Accrued wages payable 32,600 Income taxes payable 40,150 Longternt note payable, secured by mortgage on plant assets 2,950 Common stock 154/300 Retained earnings $ 250,000 Total abilities and equity 78.400 Prepaid expenses plant assets, net Total assets 07.000 67.500 250,00 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 eamed. (8) profit margin ratio (9) total asset turnover (10) return on total assets, and (11) retum on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg 7 Req 8 Reg 9 Req 10 Reg 11 Compute the current ratio and acid-test ratio. (0) Current Ratio Choose Denominator: Choose Numerator: Current Ratio Current ratio to 1 Acid Test Ratio Choose Denominator: Choose Numerator: Acid Test Ratio Acid-Test Ratio Brew 1 of 1 Next 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) times interest earned (8) profit margin ratio (9) total asset turnover (10) return on total assets and return on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg Reg 4 Reg 1 and 2 Reg 5 Reg 6 Reg Req8 Reg 9 Reg 10 Reg 11 Compute the days' sales uncollected (3) Days Soles Uncollected Choose Denominator: Days Choose Numerator Days Soles Uncollected Days sales uncollected | days X on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Req3 Read Reg 5 Reg 6 Reg 7 Req 8 Req9 Req 10 Reg 11 Compute the inventory turnover. (4) Inventory Turnover 1 Choose Denominator: Choose Numerator: - Inventory Turnover Inventory turnover times 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 (Do not round intermediate calculations.) Book Complete this question by entering your answers in the tabs below. erences Req3 Reg 4 Reals Req 1 and 2 Reg 6 Reg 7 Req8 Reg 9 Reg 10 Reg 11 Compute the days' sales in inventory. (5) Days Sales In Inventory 1 Choose Denominator: X Days Choose Numerator: Days' Sales In Inventory Days' sales In Inventory days 1 X 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) retum on common stockholders' equity. (Do not round intermediate calculations.) Is Book Complete this question by entering your answers in the tabs below. Print Reef erences Reg 7 Reg B Reg 11 Reg 4 Regs Reg 9 Reg 10 Req 1 and 2 Reg 3 Compute the debt-to-equity ratio. (6) Debt.to-Equity Ratio Choose Denominator: Choose Numerator: 1 Debt-to-Equity Ratio Debt-to-equity ratio to 1 5 oints Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected. (4) inventory turnover. (5) days sales in wentary, (6) debt-to-equity ratio. (7) times interest earned, (8) profit margin ratio, (9) total asset turnover (10) return on total assets, and (1) tetur on common stockholders' equity. (Do not round intermediate calculations.) eBook Complete this question by entering your answers in the tabs below. Print References Reg 4 Reg 5 Reg 1 and 2 Reg 6 Reg 8 Reg 3 Reg 9 Reg 7 Reg 10 Req11 Compute the times interest earned (7) Times Interest Earned Choose Numerator: Choose Denominator Times Interest Emned Times Interest earned times A Req6 Req8 > Required: Compute the following: (1) current ratio. (2) acid-test ratio, (3) days' sales uncollected. (4) inventory turnover, (5) days' sales in wventory. (6) debt-to-equity ratio. (7) times interest earned, (8) profit margin ratio (9) total asset turnover (10) return on total assets, and (1) retum on common stockholders' equity. (Do not round intermediate calculations.) oints eBook Complete this question by entering your answers in the tabs below. Print Reg Regg Reg 6 References Req 7 Reg 10 Reg 11 Reg 1 and 2 Reg 4 Reg 3 Reg 5 Compute the profit margin ratio. (8) Profit Margin Ratio 1 Choose Denominator: Choose Numerator Profit margin ratio Profit margin ratio % 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. (Do not round intermediate calculations.) 15 points eBook Complete this question by entering your answers in the tabs below. Print Rda 9 Req8 Reg 10 Reg 11 Reg 6 Reg 7 References Reg 5 Reg 1 and 2 Reg 3 Reg 4 Compute the total asset turnover. (9) Totol Asset Turnover 1 Choose Denominator: Choose Numerator: Total Asset Turnover Total asset turnover times 1 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. (Do not round intermediate calculations.) Book Complete this question by entering your answers in the tabs below. RIA 10 Reg 11 Reg 9 Reg 6 Reg 8 Reg 7 Reg 5 rences Reg 1 and 2 Reg 3 Reg 4 Compute the return on total assets. (10) Return on Total Assets Choose Numerator: 1 Choose Denominator Return on Total Assets Return on total assets 1 Req11 >