Help Assets Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 18,000 Accounts payable 9,480 Accrued wages payable 32,200 Income taxes payable 34, 150 Long-term note payable, secured by mortgage on plant assets 2,650 Common stock 149,380 Retained earnings $ 245,700 Total liabilities and equity $ 15,500 3,600 3,180 67,400 83,000 73,100 $ 245, 700 CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 454,600 Cost of goods sold 297,050 Gross profit 157,550 Operating expenses 98,980 Interest expense 3,900 Income before taxes 54,750 Income tax expense 22,055 Net income $ 32,695 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. Reg 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg 2 Reg 8 Req9 Reg 10 Reg 11 Compute the current ratio and acid-test ratio