For quick access, plece your favorites here on the favorites bar. Manage visites how CHI HW Saved Help Save & Exit Submit Check my work 9 Selected current 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, $55,900, total assets, $179,400; common stock, $85,000, and retained earnings, $44,196) Skeped eBook Assets Cash Short-term investments: Accounts receivable, net Merchandise Inventory Prepaid expenses Plant assets, net Total assets $ 20,000 3,000 33,000 32,150 3,1001 151,300 $248,950 CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity Accounts payable Accrued wages payable Income taxes payable, Long-tere note payable, secured by mortgage on plant assets Common stock Retained earnings Total liabilities and equity. CABOT CORPORATION Income Statement for Current Year Ended December 31. Sales $455,600 Cost of goods sold 298,050 Gross profit 157,550 Operating expenses 98,000 Interest expense 3,900 Income before taxes. 54,850 Income tax expense 22,096 Net income $32,754 < Prev 9 of 9 Next $17,500 3,200 2,900) 63,400 35,000 76,950 $ 248,950 MC Saved Help Save & Exit Check my 9 Skipped 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 Note: Do not round intermediate calculations. Complete this question by entering your answers in the tabs below. eBook Req 1 and 2 Req 3 Req 4 Req 5 Req 6 Reg 7 Reg 8 Reg 9 Req 10 Req 11 Compute the current ratio and acid-test ratio. (1) Choose Numerator: Current Ratio Choose Denominator: Current Ratio Current ratio 0 to 1 (2) Acid Test Ratio Choose Numerator Choose Denominator: Acid Test Ratio Acid-Test Ratio alm 1 Saved 9 Complete this question by entering your answers in the tabs below. Skipped Req 1 and 2 Req 3 Req 4 Req 5 Req 6 Req 7 Req 8 Req 9 Req 10 Req 11 Compute the inventory turnover. eBook (4) Choose Numerator: I Inventory Turnover Choose Denominator: Inventory Turnover Inventory tumover 0 times C aw < Prev 9 of 9 Next Help Sa 9 Complete this question by entering your answers in the tabs below. Slopped 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 in inventory. eBook (5) Choose Numerator Days' Salus in Inventory Choose Denominator: X Days Days Sales in Inventory = Days' sales in inventory x = 0days < Prev 9 of 9 Next neip Save & Exit Check Seved 9 Complete this question by entering your answers in the tabs below. Skipped Req 1 and 2 Req 3 Req 41 Req 5 Req 6 Req 7 Req 8 Req 9 Req 10 Req 11 Compute the times Interest earned. eBook (7) Help Save & Exit Times Interest Earned Choose Numerator: Choose Denominator: + Tites Interest Earned Times interest eamed + 0 times Prev 9 of 9 Next Check Cree Elect Ma eztomheducation.com ick access, place your favorites here on the favorites har. Mass.com Complete this question by entering your answers in the tabs below. M Qu Cre Req 1 and 2 Req 3 Reg 4 Reg 5 Reg 6 Req 7 Reg 8 9 Reg 10 Compute the days sales uncollected. Choose Numerator C Help Save & E Days Sales Uncollected Choose Denominator Deys Days Sales Used Days sales uncollected x = days Ch < Prev 9 of 9 Next 43F Mostly cloudy prisc home 6 Complete this question by entering your answers in the tabs below. Skipped Req 1 and 2 Req 3 Req 4 Req 5 Req 6 Reg 7 Req B Reg 9 Req 10 Req 11 eBook Compute the debt-to-equity ratio. (6) Debt-to-Equity Ratio Choose Numerator: Choose Denominator: 1 Debt to Equity Ratio - Debt-to-equity ratio 0 to 1 < Prev Next Chec Saved 9 Complete this question by entering your answers in the tabs below. Skipped Req 1 and 2 Red 3 Req 4 Req 5 Req 6 Req 7 Req 8 Req 9 Req 10 Req 11 eBook Compute the profit margin ratio. (8) Choose Numerator: 1 Profit Margin Ratio Choose Denominator: Profit margin ratio Profit margin ratio 0% < Req 7 Req 9 > < Prev 9 of 9 Next Help Save & E Che 9 Complete this question by entering your answers in the tabs below. Skipped Req 1 and 2 Req 3 Req 4 Req 5 Req 6 Req 7 Req 8 Reg 9 Req 10 Req 111 Compute the total asset turnover. eBook (91 Choose Numerator: Total Asset Turnover 7 Choose Denominator: Total Asset Turnover Total asset turnover 0 times Dentr Save & Exit Check Savad 9 Complete this question by entering your answers in the tabs below. Skipped Req 1 and 21 Req 3 Reg 4 Req 5 Req 6 Req 7 Req 8 Req 9 Req 10 Req 11 Compute the return on total assets. eBook (10) Return on Total Assets Choose Numerator: Choose Denominator: T Return on Total Assets Return on total assets 0% Help Save & Exi Chec CH13 HW Sevd 9 Complete this question by entering your answers in the tabs below, Skipped Reg 1 and 21 Req 3 Ang 4 Req 5 Reg 6 Reg 7 Reg B Reg 101 11 etlook Compute the return on common stockholders' equity. Choose Numerar Beturn on Common Stockholden ty Choose Denominator 1 Help Save & Ext Submit Check my work Returs Os Common Stockholders Empty Return on common stockholders' equity Other favorites