ent 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, $47,900; total assets, $229,400; common stock, $83,000; and retained earnings, $42.990.) CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales Cost of goods sold Gross profit Operating expenses: Interest expense Income before taxes Income tax expense Net income $ 451,600 298,450 153,150 99,400 4,500 49,250 19,840 $ 29,410 CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity Assets Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets $ 10,000 Accounts payable $ 16,500 9,000 Accrued wages payable 3,200 33,800 Income taxes payable 2,900 36,150 Long-term note payable, secured by mortgage on plant assets 68,400 3,150 Common stock 83,000 72,400 154,300 Retained earnings $ 246,400 Total liabilities and routi ok Req 1 and 2 Req 3 Req 41 Req 5 Req 6 Req 7 Req 8 Req 9 Req 10 Req 11 Compute the current ratio and acid-test ratio. (1) Choose Numerator: Current assets Current Ratio Choose Denominator: Current liabilities Current Ratio Current ratio 0 to 1 (2) Acid-Test Ratio Choose Numerator: Choose Denominator: Acid-Test Ratio Acid-Test Ratio 0 to 1 Req3 > 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 Req 3 Req 4 Req 5 Req 6. Req 7 Req 8 Req 9 Req 10 Req 11 Compute the days' sales uncollected. (3) Days Sales Uncollected Choose Numeratora Choose Denominator: X Days Days Sales Uncollected 1 x 1 X Days sales uncollected 0 days Req 1 and 21 Req 3 Req 4 Req 5 Req 6 Req 7 Req 8 Req 9 Req 10 Req 11. Compute the inventory turnover. (4) Choose Numerator: Inventory Turnover. Choose Denominator: Inventory Turnover Inventory turnover 0 times