December 31 of current year Assets Liabilities and Equity Cash $ 12,000 Accounts payable $ 16, 500 Short-term investments 8,000 Accrued wages payable 3, 800 Accounts receivable, net 30,200 Income taxes payable 4, 400 Merchandise inventory 40, 150 Long-term note payable, secured by mortgage on plant assets 70, 400 Prepaid expenses 2 ,500 Common stock 87 , 000 Plant assets, net 151, 300 Retained earnings 62, 050 Total assets $ 244 , 150 Total liabilities and equity $ 244 , 150 CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 451, 600 Cost of goods sold 297 , 850 Gross profit 153 , 750 Operating expenses 98 , 600 Interest expense 4, 400 Income before taxes 50 , 750 Income tax expense 20 ,444 Net income $ 30, 306 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 equity. Note: Do not round intermediate calculations