di Lecember 30 ure prior year were inventory, 150,900,todes, 109,400, CORRUTTORI SIOCK, DOBUW, anu eldinu earrings. $46.466.) CANOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 452,600 Cost of goods sola 292, 35e Gross profit 155,250 Operating expenses 98,800 Interest expense 4,900 Incone before taxes 51,550 Income tax expense 20,766 Net Income $ 30,784 5.53 ces Assets Cash Short term Investments Accounts receivable, net Merchandise inventory 16,500 4,200 CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 16,000 Accounts payable 3,400 Accrued wages payable 33,200 Income taxes payable JA,150 Long term note payable, secured by Mortgage on plant assets 3,000 Common stock 250.00 Retained earnings $ 240,00 Total abilities and equity 65,400 repaid expenses Plant assets, net Total assets 01,000 22.250 $ 148,050 Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected (4) inventory turnover, (5) days' sales in inver 6) debt-to-equity ratio, (7) times interest eamed (8) profit margin ratio, (9) total asset turnover, (10) return on total assets, and (11) re 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 Req 4 Reg 5 Reg 6 Reg 7 Req8 Reg 9 Reg 10 Reg 11 Compute the retum on total assets, Return on Total Assets Choose Denominator: Choose Numerator: 1 Return on Total Assets Return on total assets 1 1 0 % Check my work 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) retuin 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 Rog1 Reg 5 Rego Req Reg Reg Reg 10 Reg 11 Compute the return on comman stockholders' equity Reimon Common Stockholdes Equity Choose Denominator Chose Numerator Return On Common Stockholders' Equity Return on common stockholders' equily 01 Check my work 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) retuin 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 Rog1 Reg 5 Rego Req Reg Reg Reg 10 Reg 11 Compute the return on comman stockholders' equity Reimon Common Stockholdes Equity Choose Denominator Chose Numerator Return On Common Stockholders' Equity Return on common stockholders' equily 01