Dev & LI Sobna 7 1432 points Book References Selected current year-end financial statements of Cabot Corporation follow. (All sales were on credit, selected balance sheet amours at December 31 of the prior year were inventory, $47900; total assets, $219,400, common stock, $84,000, and retained eamings $39,480) CAROT CORPORATION Incose Statement For Current Year Ended December Sales Cost of goods sold Gross profit Operating expenses Interest expense Income before taxes Income tax expense Net income $ 453,000 156,550 99.300 4,100 52,950 21,350 31,620 Assets Cash Short-ters Investments Accounts receivable, net merchandise inventory Prepaid expens Plant assets, nat Total assets CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 16,000 Accounts payable 5,400 Accrued wages payable 32,800 Income taxes payable 40,150 Long-term note payable, secured by mortgage on plant assets 3,ese Common stack Retained earnings 147,10 1 247,700 Total liabilities and equity $18,500 04,000 21,100 $243,70 Save & Exit Submit 7 14.32 pom P References Assets Cash Short-tere investments Accounts receivable, net Merchandise Inventory Prepaid expenses Plant assets, net Total assets Required: CAROT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 36,000 Accounts payable 8,400 Accrued wages payable 4,40 32,000 Income taxes payable 4,3000 40,150 Long-term note payable, secured by 45,400 ortgage on plant assets 3,050 Common stock 71,100 $247,700 147,500 Retained earnings $ 247,700 Total liabilities and equity 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, 0) retum on total assets, and ( retum on common stockholders' equity (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Req 1 and 21 Reg 3 Reg 4 Red 5 Red 6 Reg 7 Rea B Reg 9 Reg 10 Reg 11 Compute the current ratio and acid-test ratio (1) Choose Numerator Current Ratio Choose Denominator Current lati 7 14.32 points 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) retur on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Req 4 Req 5 Req6 Req 7 Req B Req 9 Red 10 Book Print Compute the current ratio and acid-test ratio. References (1) Choose Numerator: (2) Choose Numerator: 1 Current Ratio Choose Denominator: Current Ratio Current ratio to 1 Acid-Test Bato Choose Denominator:: Acid Test Ratio Acid-Test Ratio Req3> 7 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 return on common stockholders' equity (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. 14.32 points Req 1 and 2 eBook Reg Req 4 5 Rea Req7 Reg Reg 9 Reg 10 og 11 Print Compute the days' sales uncollected. References Choose Numerator Days Sales Uncollected o Choose Denominator A Days Days Sales Uncollected Days sales uncollected days 7 Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, 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) retam on common stockholders' equity (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. 14.32 points Req 1 and 2 Reg 31 Print Compute the inventory turnover (4) Choose Numerator Reg 5 Reg 9 R10 11 Inmory Tamuver Choose Denominator ventory Turnou ventory tumaver 7 Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) inventory tumover, (5) days sales inventory (6) debt-to-equity ratio, (7) times interest earned, (B) profit margin ratio, (9) total asset turnover, (10) return on total assets, and (1) retan on common stockholders' equity (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. 14.32 points Reg 1 and 2 Req 3 Req 4 Red 5 Req 6 Beg7 Reg leg 9 Red 10 Reg 11 eBook Print Compute the days' sales in inventory. References (5) Choose Numerator: Days Sales in Inventory Choose Denominator Days -Days Sales in beimmory Days sales in inventory days Help Save & Exit Submi 7 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 (10) return on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. 14.32 points Req 1 and 21 Req 3 eboox Req 4 Reg 5 Req6 Reg 7 Rega Req 9 Reg 101 Beg 111 Pri References Compute the debt-to-equity ratio.. (6) Choose Numerator: Debt to Equity Ratio Choose Denominator 4 Debt to Equity Ratic Debt-to-equity rate N Stop ta Ponework Required: Seved Help Save & Exit Submit 7 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, noj return on total assets, and () retu on common stockholders' equity (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. 14.32 Doines Reg 1 and 2 Req 3 Req:4 Reg 5 Req6 Req Req Reg 9 10 Compute the times interest earned. Reference (7) Times Vorst Earned Choose Numerator Choose Denominator Thinst Earned = Times Interest eamed + 7 Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) inventory turmover, (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) retur on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. 14.32 points Reg 1 and 2 Reg 3 Req 4 Book Reg 6 Req Res Reg Red 10 R11 Print Compute the profit margin ratio. References (8) Choose Nummerator) Profit Margin Batio Choose Denominator -Profit margin ratio Profit margin ratio 7 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) retum on common stockholders' equity (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. 14.32 points Req 1 and 2 Req:3 Req 41 Req 5 Req 6 Reg 7 Reg Reg 9 Req 10 11 eflook Prim Compute the total asset turnover. References (9) Choose Numerator: Total Asset Turnover Choose Denominator Total Asset Turnover Total asset humover times EVEX 7 Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected. (4) inventory tumover, (5) days sales in inventory, (6) debt-to-equity ratio, (7) times interest earned, (8) profit margin ratio. (9) total asset tumover, (10) return on total assets, and (ti retum on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. 14.32 points eBook Req 1 and 2 Req 3 Req 4 Req 5 Req 6 Reg 7 Req Reg 9 Red 10 Reg 11 Print Compute the return on total assets. References (10) Choose Numerator Return on Total Assets Choose Denominator Return on Total Assets " Ratam oo total assets " 7 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) retum on total assets, and (f) return on common stockholders' equity (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. 14:32 points Req 1 and 2 Req 3 Red 4 Reg 5 Req 5 Req 7 Red Reg Reg 10 11 # Pri Compute the return on common stockholders' equity References (11) Choose Numerator Return on Common Stockholder Equity Choose Denominator Return De Corn Socken F