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please help Selected current year-end financial statements of Cabot Corporation follow (All sales were on credit selected balance sheet amounts at December 31 of the
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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 enor year were inventory. 554900 total assets. S209.400.common stock 583.000 and retained earnings $33.933.) CASOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 451, be Cost of goods sold 297,25 Cross profit 153,650 Operating expenses 99.000 Interest Expense 4.500 Income before taxes 30, 350 Income tax expense 20.283 Net income se, 307 5 Assets Cash Short-term Investments Accounts receivable, net Merchandic Inventary CABOT CORPORATIO Balance Sheet December 31 Liabilities and Equity 2,00 Accounts payable 2,600 Accrued wages payable 29.88 Income taxes payable 4a, 150 Long-term sot payable, cecured by mortgage or plant annet 3,050 Common stock 147,390 Retained earning $13,500 4,600 3,400 63,00 Prepaid expenses plant assets, net Total assets 83,000 64,000 5237.100 $ 237,108 Total liabilities and equity 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.)Step by Step Solution
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