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HOW TO DO THIS PLEASE? Selected yearend December 2016 nelal statements et Cabot Co poration follow. All sales were on credit, selected balance sheet amounts
HOW TO DO THIS PLEASE?
Selected yearend December 2016 nelal statements et Cabot Co poration follow. All sales were on credit, selected balance sheet amounts at ere Anventory $51900; total assets $179,00 common stock $88000, and retained earnings, $37929.) CABOT CORPORATION Statement Ended December 31, 2017 $450,600 til goods sold 298,450 profi 152,150 Operating expenses 99,400 Interest expense 3,900 Income before taxes 48,856 Income taxes 19,679 Net income $ 29,171 CABOT CORPORATION Balance Sheet December 31, 2017 Assets Liabilities and Equity Cash $ 14,000 Accounts payable Short-term investments 8,680 Accrued wages payable Accounts receivable, 32,200 Income taxes payable net Notes receivable 6,000 Merchandise 32,150 Long-term note payable, secured by mortgage on plant assets Prepaid expenses 3,150 Common stock Plant assets, net 151,300 Retained earnings Total assets $247,480 Total liabilities and equity (trade) inventory 67,400 88,000 67. Lee $247,400 These are short-term notes receivable arising from customer (trade) sales. Required: Compute the following: (1) current ratio, (2) acid-test ratio. (3) days' sales uncollected, 14) Inventory turnover (5) days' sales in inventory (5) debt-to-equity ratio. 7 times interest earned, (8) profit margin ratio (9) total asset turnover (10) return on total assets, and pretium on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. 8,600 Accrued wages payable 3,000 B2 20 Income taxes payable 4,400 Short-term investments Accounts receivable, net Notes receivable (trade) Merchandise inventory Prepaid expenses Plant assets, net Total assets 6,000 67,400 32,150 Long-term note payable, secured by mortgage on plant assets 3,150 Common stock 151,300 Retained earnings $247,400 Total liabilities and equity 88,900 67,100 $247,400 * These are short-term notes receivable arising from customer (trade) sales. 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, ) 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 Req3 Req 4 Req 5 Reg 6 Req 7 Req 8 Req 9 Reg 10 Reg 11 Compute the current ratio and acid-test ratio. Choose Numerator: Current Ratio Choose Denominator: Current Ratio Current ratio to 1 2017: Acid. Test Ratio Choose Denominator: Choose Numerator: Acid-Test Ratio = Acid-Test Ratio to 1 2017: 1 Req3 > 8,600 Accrued wages payable 3,000 32,200 Income taxes payable 4,400 Short-term investments Accounts receivable, net Notes receivable (trade) Merchandise inventory Prepaid expenses Plant assets, net Total assets 67,400 6,000 32,150 Long-term note payable, secured by mortgage on plant assets 3,150 Common stock 151,300 Retained earnings $247,400 Total liabilities and equity 88,000 67, 100 $247,400 These are short-term notes receivable arising from customer (trade) sales. 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 Reg 3 Reg 4 Req 5 Req 6 Reg 7 Req 8 Req 9 Req 10 Reg 11 Compute the days' sales uncollected. Choose Numerator: Days' Sales Uncollected Choose Denominator: * Days Days Sales Uncollected Days sales uncollected 2017: days Liabilities and Equity $ 19,000 Accounts payable 8,600 Aconued wages payable $ 17,500 3,000 32,200 Income taxes payable 4,400 Assets Cash Short-term investments Accounts receivable, net Notes receivable (trade) Merchandise inventory Prepaid expenses Plant assets, net Total assets 67.490 6 000 32,150 Long-term note payable, secured by mortgage on plant assets 3,150 Common stock 151,300 Retained earnings $247,400 Total liabilities and equity 88,000 67.100 $247, 400 * These are short-term notes receivable arising from customer (trade) sales 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.) times Interest earned, (8) profit margin ratio, (9) total asset turnover (10) return on total assets, and (1) 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 Reg 4 Req 5 Reg 6 Req 7 Reg 8 Req9 Reg 10 Reg 11 Compute the inventory turnover. Choose Numerator: Inventory Tumover 1 Choose Denominator: Inventory Turnover = Inventory turnover times 2017: Assets Cash Liabilities and Equity $ 14,000 Accounts payable 8,600 Accrued wages payable $ 17,500 3,000 Short-term investments Accounts receivable, 32,200 Income taxes payable 4.400 net 67,400 Notes receivable (tradet Merchandise inventory Prepaid expenses Plant assets, net Total assets 6,000 32,150 Long-term note payable, secured by mortgage or plant assets 3,150 Common stock 151,300 Retained earnings $247,400 Total liabilities and equity 88,000 67,100 $247,400 *These are short-term notes receivable ansing from customer (trade) sales. Required: Compute the following: (U) current ratio. (2) acid-test ratio, (3) days' sales uncollected, 141 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 Req5 Reg 6 Req 7 Reg Reg 9 Req 10 Reg 11 Compute the days' sales in inventory. (5) Choose Numerator: Days' Sales in Inventory Choose Denominator: Days Days! Sales in Inventory #Days' sales in inventory days 2017: 1 Liabilities and Equity $ 14,000 Accounts payable 8,680 Accrued wages payable $ 17,500 3,000 32,200 Income taxes payable 4,400 Assets Cash Short-term investments Accounts receivable, net Noteis receivable trade) * Merchandise inventory Prepaid expenses Plant assets, net Total assets 67,400 6.000 32,150 Long-term note payable, secured by mortgage on plant assets 3,150 Common stock 151,300 Retained earnings $247,400 Total liabilities and equity 88,000 67, 100 $247, 400 These are short-term notes receivable arising from customer (trade) sales. 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 Reg 3 Reg 4 Reg 5 Reg 6 Req 7 Reg 8 Req 9 Reg 10 Req 11 Compute the debt-to-equity ratio. (6) Debt-to-Equity Ratio Choose Denominator: Choose Numerator: 1 Debt-to-Equity Ratio Debt-to-equity ratio to 1 2017: Liabilities and Equity $ 14,000 Accounts payable 8,600 Accrued wages payable $ 17,500 3,000 32,200 Income taxes payable 4.400 Assets Cash Short-term investments Accounts receivable, neti Notes receivable (trade) Merchandise inventory Prepaid expenses Plant assets, net Total assetis 67,400 6,000 32,150 Long-term note payable, secured by mortgage on plant assets 3,150 Common stock 151,300 Retained earnings $247,400 Total liabilities and equity 88,000 67 100 $247,400 These are short-term notes receivable arising from customer (trade) sales. 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 Reg 4 Req 5 Reg 6 Reg 7 Reg 8 Req 9 Reg 10 Reg 11 Compute the times interest earned. Times Interest Earned Choose Numerator: Choose Denominator: = Times Interest Earned Times interest earned 2017: times Liabilities and Equity $ 14,000 Accounts payable 8,600 Accrued wages payable $ 17,500 3,000 32,200 Income taxes payable 4,400 Assets Cash Short-term investments Accounts receivable, het Notes receivable (trade) Merchandise inventory Prepaid expenses Plant assets, net Total assets 167,400 6,000 32,150 Long-term note payable, secured by mortgage on plant assets 3,150 Common stock 151,300 Retained earnings $247,400 Total liabilities and equity 88,000 ,100 $247,400 These are short-term notes receivable arising from customer (trade) sales. 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) Umes Interest earned. (8) profit margin ratlo, (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 Req 4 Reg 5 Reg 6 Reg 7 Reg 8 Req9 Reg 10 Req 11 Compute the profit margin ratio. (87 Chouse Numerator: Profit Margin Ratio Choose Denominator: Protit margin ratio = Profit margin ratio 1 2017: Liabilities and Equity $ 14,000 Accounts payable 8,600 Accrued wages payable 17,500 3,000 32,200 Income taxes payable Assets Cash Short-term investments Accounts receivable net Notes receivable (trade) Merchandise inventory Prepaid expenses Plant assets, net 4,400 6,000 67,400 32,150 Long-term note payable, secured by mortgage on plant assets 3,150 Common stock 151,300 Retained earnings $247,400 Total liabilities and equity Total assets 88,000 67,100 $247,400 These are short-term notes receivable arising from customer (trade) sales. 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 Req 6 Req 7 Reg 8 Req 9 Reg 16 Req11 Compute the total asset turnover. Choose Numerator: Total Asset Turnover Choose Denominator: = Total Asset Turnover 1= Total asset turnover times 2017: 1 Cash $ 17,500 3,000 4,400 Assets Liabilities and Equity $ 14,000 Accounts payable Short-term 8,600 Accrued wages payable investments Accounts receivable, 32,200 Income taxes payable net Notes receivable (trade) 6,000 Merchandise 32,150 Long-term note payable, secured by inventory mortgage on plant assets Prepaid expenses 3,150 Common stock Plant assets, net 151,300 Retained earnings Total assets $247,400 Total liabilities and equity 88,000 67,100 $247,400 These are short-term notes receivable arising from customer (trade) sales. 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 Req3 Reg 4 Reg 5 Reg 6 Reg 7 Reqs Req9 Reg 10 Reg 11 Compute the return on total assets. (10) Choose Numerator: 7 Return on Total Assets Choose Denominator: = Return on Total Assets = Return on total assets 1 2017: $ 17,500 3,000 4,400 Assets Liabilities and Equity Cash $ 14,00 Accounts payable Short-term 8,600 Accrued wages payable investments Accounts receivable, 32,200 Income taxes payable net Notes receivable (trade) 6,000 Merchandise 32,150 Long-term note payable, secured by inventory mortgage on plant assets Prepaid expenses 3,150 Common stock Plant assets, net 151,300 Retained earnings Total assets $247,400 Total liabilities and equity 67,400 88,000 67,100 $247,400 * These are short-term notes receivable arising from customer (trade) sales. 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, () times Interest eamed, (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 7 Reg 8 Reg 9 Req 10 Reg 11 Compute the return on common stockholders' equity. (11) Choose Numerator: 7 Return on Common Stockholders' Equity Choose Denominator = Return On Common Stockholders' Equity = Return on common stockholders' equity 2017:Step by Step Solution
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