Check my were Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit selected balance sheet amounts at December 31, 2016, were inventory, $48.900; total assets. $189,400, common stock. $90,000; and retained earnings. $22748) CABOT CORPORATION Incone Statement For Year Ended December 31, 2017 Sales $ 448,600 Cost of goods sold 297,250 Gross profit 151,350 Operating expenses 98,600 Interest expense 4,100 Income before taxes 48,650 Income taxes 19.598 Net Income $ 29,052 5 $ 17,500 3,200 3.300 Assets Cash Short-tern Investments Accounts receivable, net Notes receivable (trade) Merchandise inventory CABOT CORPORATION Balance Sheet December 31, 2017 Liabilities and Equity $ 10,000 Accounts payable 8,400 Accrued wages payable 29,200 Income taxes payable 4,500 32,150 Long-term note payable, secured by mortgage on plant assets 2,650 Common stock 153,300 Retained earnings $ 240,200 Total liabilities and equity 63,400 90,000 62.000 $ 240,200 Prepaid expenses Plant assets, net Total assets * 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 (1) return on common stockholders' equity. (Do not round Intermediate calculations.) Next > 7 of 9 Drau 7 of 9 Next > EH! complete this question by entering your answers in the tabs below. Red 1 and 2 Rega Req4 Reqs Reg 6 Reg 7 Re Reg 9 Reg 10 He 11 Compute the days' sates uncollected Days Sales Uncollected Choose Numerator 1 Choose Denominator Day (3) - Days is Uncollected - Dart Sales Uncolected 2017: daye Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Rea 7 Req8 Reg 9 Reg 10 Req 11 Compute the inventory turnover Choose Numerator: Inventory Turnover Choose Denominator 1 Inventory Turnover = Inventory Turnover times 2017: 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.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Req 4 Req 5 Reg 6 Req 7 Req8 Req 9 Req 10 Req 11 Compute the days' sales in inventory. (5) Days' Sales In Inventory Choose Numerator: 1 Choose Denominator: X Days 1 X Days' Sales in Inventory = Days Sales in Inventory days 2017: 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.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Reg 4 Reg 5 Reg 6 Req 7 Req8 Reg 9 Req 10 Reg 11 Compute the debt-to-equity ratio. (6) Debt-to-Equity Ratio Choose Numerator: Choose Denominator: 1 Debt-to-Equity Ratio Debt-to-Equity Ratio to 1 2017: 1 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 Reg 9 Req 10 Reg 11 Compute the times interest earned. (7) Times Interest Earned Choose Numerator: 1 Choose Denominator: Times Interest Earned Times interest earned times 2017: 1 yuo, 19) total asset turnover, (10) return on total assets, and (11) return 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 Reg 4 Req5 Reg 6 Reg 7 Reg 8 Reg 9 Reg 10 Reg 11 Compute the profit margin ratio. (B) Profit Margin Ratio Choose Numerator: 1 Choose Denominator: Profit margin ratio Profit margin ratio 1 2017: 1 % Req7 Reg9 > Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Req 7 Reg 8 Reg 9 Reg 11 Req 10 Compute the return on total assets. ces (10) Return on Total Assets 1 Choose Numerator: Choose Denominator: Return on Total Assets ! Return on Total Assets 2017: "Voty turnover (5) days' sales in inventory Vi 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.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Req 7 Reg 8 Reg 9 Req 10 Red 11 Compute the return on common stockholders' equity. (11) Choose Numerator: Return on Common Stockholders' Equity Choose Denominator = Return On Common Stockholders' Equity Return On Common Stockholders' Equity = 2017: