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Options for numerator are: Accounts receivables, net Cost of goods sold Current assets Current liabilities Ending merchandise inventory Options for denominator are: Accounts receivable, net
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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, $46,900; total assets, $209,400; common stock, $86,000; and retained earnings. $39.157. 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. (Do not round intermedlate calculations.) Complete this question by entering your answers in the tabs below. Compute the days' sales in inventory Accounts receivables, net
Cost of goods sold
Current assets
Current liabilities
Ending merchandise inventory
Options for denominator are:
Accounts receivable, net
Average accounts receivable, net
Cost of goods sold
Current assets
Current liabilities
Net sales
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