need #7-11

$32,719.) 2 15 points CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 453,600 Cost of goods sold 297,750 Gross profit 155,850 Operating expenses 98,600 Interest expense 4,700 Income before taxes 52,550 Income tax expense 21,169 Net income $ 31,381 X 00:17:50 eBook $ Assets Cash Short-term investments Accounts receivable, net Merchandise inventory CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 16,000 Accounts payable 8,800 Accrued wages payable 30,400 Income taxes payable 36,150 Long-term note payable, secured by mortgage on plant assets 2,750 Common stock 150,300 Retained earnings $ 244,400 Total liabilities and equity 16,500 3,000 4,400 68,400 Prepaid expenses Plant assets, net Total assets 88,000 64,100 $ 244,400 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 Req3 Req 4 Req 5 Reg 6 Req 7 Reg 8 Reg 9 Req 10 Req 11