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help Selected current year-end financial statements of Cabot Corporation follow. (All sales were on credit, selected balance sneet and and at December 31 of the
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Selected current year-end financial statements of Cabot Corporation follow. (All sales were on credit, selected balance sneet and and at December 31 of the prior year were inventory, $51,900; total assets, $219,400; common stock, $85,000; and retained earnings, 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 equity. Note: Do not round intermediate calculations. my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate co Compute the times interest earned. my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not Complete this question by entering your answers in the tabs below. Compute the profit margin ratio. Complete this question by entering your answers in the tabs below. Compute the total asset turnover. k my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indica Complete this question by entering your answers in the tabs below. Compute the return on total assets. Complete this question by entering your answers in the tabs below. Compute the return on equity Step by Step Solution
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