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need help with required 1-11 Problem 13-4A Calculating financial statement ratios LO P3 Selected current year-end financial statements of Cabot Corporation follow. (All sales were

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Problem 13-4A Calculating financial statement ratios LO P3 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. $51.900, total assets. $239,400, common stock, $86,000 and retained earnings, $17.461.) CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 454,600 Cost of goods sold 297,950 Gross profit 156,650 Operating expenses 99,000 Interest expense 4,500 Incone before taxes 53,150 Income tax expense 21,411 Net Income $ 31,739 Assets Cash Short-term investments CAROT CORPORATION Balance Sheet December 31 Liabilities and Equity 10,000 Accounts payable 8,400 Accrued wages payable 3 18,500 4,200 Assets Cash Short-term investments Accounts receivable, net Merchandise inventory CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 10,000 Accounts payable 8,400 Accrued wages payable 31,400 Income taxes payable 32,150 Long-term note payable, secured by mortgage on plant assets 3,150 Common stock 142.380 Retained earnings $ 232,400 Total liabilities and equity $ 18,500 4,200 4,160 70,400 Prepaid expenses Plant assets, net Total assets 86,000 49, 280 $ 232,400 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 Reg 3 Reg 4 Reg 5 Reg 6 Reg Req8 Reg 9 Reg 10 Reg 11 Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Reg 4 Reg 5 Req 6 Reg 7 Req8 Reg 9 Reg 10 Reg 11 Compute the current ratio and acid-test ratio. (1) Choose Numerator: Current Ratio Choose Denominator: Current Ratio Current ratio 1 to 1 (2) Acid. Test Ratio Choose Denominator: Choose Numerator: 1 Acid-Test Ratio Acid-Test Ratio to 1 Req3 > Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 BE Reg 4 Reg 5 Reg 6 Req 7 Reg 8 Req9 Req 10 Req 11 Compute the days' sales uncollected. (3) Choose Numerator: Days Sales Uncollected Choose Denominator: Days 1 X 1 Days Sales Uncollected = Days sales uncollected days . Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Reg 5 Req 6 Reg 7 Req 8 Req 9 Req 10 Req 11 Compute the inventory turnover. Choose Numerator: Inventory Turnover 1 Choose Denominator: 7 Inventory Turnover Inventory turnover times Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Reg 5 Req 6 Req 7 Req 8 Reg 9 Req 10 Reg 11 Compute the days' sales in inventory, (5) Days Sales in Inventory Choose Denominator: Choose Numerator: X Days Days' Sales In Inventory = Days' sales in inventory X 1 X days Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Req 4 Req 5 Reg 6 Req 7 Req 8 Reg 9 Req 10 Req 11 Compute the debt-to-equity ratio. (6) Debt to Equity Ratio Choose Denominator: Choose Numerators Debt-to-Equity Ratio = Debt-to-equity ratio to 1 ( Req5 Req7 > Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Req 4 Reg 5 Reg 6 Req 7 Reg 8 Req9 Reg 10 Reg 11 Compute the times interest earned. Times Interest Earned Choose Denominator: Choose Numerator 1 Times Interest Earned Times Interest earned times Complete this question by entering your answers in the tabs below. Reg 1 and 2 Req3 Reg 4 Reg 5 Reg 6 Req 7 Req8 Req9 Req 10 Reg 11 Compute the profit margin ratio. (8) Profit Margin Ratio Choose Denominator: Choose Numerator: 1 Profit margin ratio Profit margin ratio 7 % Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Req 5 Reg 6 Req 7 Req 8 CERERE Req9 Req 10 Req 11 Compute the total asset turnover. (9) Total Asset Turnover Choose Numerator: 1 Choose Denominator: Total Asset Turnover 1 Total asset turnover 1 times 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 Reg 9 Req 10 Req 11 Compute the return on total assets. (10) Return on Total Assets Choose Numerator: Choose Denominator: Return on Total Assets Return on total assets % Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Req 7 Req8 Req9 Reg 10 Req 11 Compute the return on common stockholders' equity. (11) Return on Common Stockholders' Equity Choose Denominator Choose Numerator: Return On Common Stockholders' Equity = Return on common stockholders' equity

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