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Please help!! Problem 17-4A (Algo) Calculating financial statement ratios LO P3 Selected current year-end financial statements of Cubot Corporation follow. (All sales were on credit

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Problem 17-4A (Algo) Calculating financial statement ratios LO P3 Selected current year-end financial statements of Cubot Corporation follow. (All sales were on credit selected balance sheet amounts at December 31 of the prior year were inventory, $48,900; total assets, $239,400; common stock, $86,000; and retained earnings. $33,152.) Assets Cash Short-term investments Accounts receivable, bet Merchandise Inventory Prepaid expenses Plant assets, net Total assets CABOT CORPORATION Balance Sheet December 31 of current year Liabilities and Equity $ 16,000 Accounts payable 9,200 Accrued wages payable 32,800 Income taxes payable 30,150 Long-term note payable, secured by mortgage on plant assets 2,850 Common stock 149,300 Retained earnings $240,300 Total liabilities and equity $ 17,500 3,800 3,500 66,400 86,000 63.100 $ 240,300 CADO CORPORATION Income Statement Tor Current Year Ended December 31 sales $ 451,600 Cost of goods sold 297,850 Cross profit 153,750 Operating expenses 99,200 Interest expense 4.400 Income before taxes 50.150 Income tax oxpone 20.202 Not income $ 29,948 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 Intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 4 Reg 10 Reg 5 Reg 8 Req 1 and 2 Reg 3 Reg 7 Reg 11 Reg 6 Reg 9 Compute the current ratio and acid-test ratio. (1) Current Ratio Denominator: Numerator Current Ratio Current ratio to 1 (2) Acid-Test Ratio Denominator Numerator: Acid-Test Ratio Acid-Test Ratio to 1 Reg 3 > Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg Reg Req9 Reg 10 Reg 11 Compute the days' sales uncollected (3) Dayal Sales Uncollected 1 Denominator: Numerator: Days Days Sales Uncollected Days sales uncollected day Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg 7 Reg 8 Reg 9 Req 10 Reg 11 Compute the inventory tumover. (4) Inventory Turnover Denominator: Numerator: 1 Inventory Turnover Inventory turnover times 1 Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Req5 Reg 6 Reg 7 Reg 8 Reg 9 Reg 10 Reg 11 Compute the days' sales in Inventory. (5) Numerator Days Sales In Inventory Denominator Days 2 Days' Sales in loventory Days' sales in inventory days 1 = (Reg4 Req6 > Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg 7 Reqa Reg 9 Reg 10 Reg 11 Compute the debt-to-equity ratio. (6) Debt-to-Equity Ratio Denominator: Numerator: Debt-to-Equity Ratio Debt-to-equity ratio 1 to 1 Complete this question by entering your answers in the tabs below. Rega Reg 4 Req 1 and 2 Reg 10 Reg 11 Reg 6 Reg 7 Regs Reg 8 Rego Compute the times interest eamed. Times Interest Esmed Numerator Denominator Times Interest Earned Times Interesteamed times Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Reg 4 Req 5 Reg 6 Reg 7 Req8 Reg 9 Reg 10 Reg 11 Compute the profit margin ratio. (8) Profit Margin Ratio Denominator Numerator: Profit margin ratio Profit margin ratio Complete this question by entering your answers in the tabs below. Req 9 Reg 10 Reg 11 Reg 7 Reg 8 Req3 Req 1 and 2 Reg 5 Reg 6 Reg 4 Compute the total asset turnover. (9) Total Asset Turnover Denominator: Numerator: = Total Asset Turnover Total asset turnover times Complete this question by entering your answers in the tabs below. Reg 10 Reg 11 Req4 Reg 1 and 2 Reg 3 Reg 5 Reg 8 Reg 9 Req7 Reg 6 Compute the return on total assets. (10) Return on Total Assets Donominator: Numerator Return on Total Assets Return on total assets 96 Complete this question by entering your answers in the tabs below. Reg 4 Reg 11 Req 1 and 2 Reg 5 Reg 3 Reg 6 Reg Reg 9 Reg? Reg 10 Compute the return on equity. (11) Return on Equity Denominator Numerator: Return On Common Stockholders' Equity Return on common stockholders' equity

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