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I need help in finding the correct answers for the following: On number 6, my total liabilities is wrong. On number 9, my whole answer,

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I need help in finding the correct answers for the following:

On number 6, my total liabilities is wrong.

On number 9, my whole answer, numbers and words to fill in are wrong.

On number 10, my numbers for net income and for average total assets are wrong.

On number 11, the words current assets and end of the year stockholders equity are wrong and so are their numbers.

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, $229,400; common stock, $83,000; and retained earnings, $47,115.) 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 98,500 Interest expense 4,400 Income before taxes 54, 650 Income tax expense 22,015 Net income $ 32,635 $ Assets Cash Short-term investments Accounts receivable, net Merchandise inventory CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 20,000 Accounts payable 8,800 Accrued wages payable 31,000 Income taxes payable 38,150 Long-term note payable, secured by mortgage on plant assets 2,600 Common stock 152, 300 Retained earnings $ 252, 850 Total liabilities and equity 17.500 4,800 3,400 64,400 Prepaid expenses Plant assets, net Total assets 83,000 79, 750 $ 252,850 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.) Req 1 and 2 Reg 3 Req 4 Req 5 Reg 6 Req 7 Reg 8 Req9 Req 10 Req 11 Compute the debt-to-equity ratio. (6) Choose Numerator: Total liabilities 1 | 1 64,400 Debt-to-Equity Ratio Choose Denominator: Total equity $ 162.750 = = = Debt-to-Equity Ratio Debt-to-equity ratio 0.40 to 1 Compute the total asset turnover. Choose Numerator: Total Asset Turnover Choose Denominator: Net sales $ 455,600 = = Current assets 1 Total Asset Turnover Total asset turnover 0.6 times 252,850 Compute the return on total assets. (10) Return on Total Assets = Return on Total Assets Choose Numerator: Net income 1 Choose Denominator: Average total assets $ 252,850 Return on total assets 59,050 23.4 % Compute the return on common stockholders' equity. (11) Return on Common Stockholders' Equity Choose Denominator | / End of the year stockholders' equity 83,000 $ Choose Numerator: - Current assets 32,635 - $ Net income = Return On Common Stockholders' Equity Return on common stockholders' equity (129,141.0)%

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