Problem 13-4A (Algo) 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, $50,900, total assets, $249,400, common stock. $80,000; and retained earnings, $42,479) 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. Note: Do not round intermediate calculations. Compute the current ratio and acid-test ratio. (3) Days: Siles Uncollected Choose Numeratort \begin{tabular}{|l|l|l|l|l|l|} \hline 1 & Chooso Denominator & & Days & = Days Sales Uncollected \\ \hline 1 & & & & = & Days salos uncollocted \\ \hline 1 & & & & = & days \\ \hline \end{tabular} Req4 ? turnover. (5) Days' Sales in Inventory (6) Debt-to-Equity Ratio \begin{tabular}{|l|l|l|l|l|} \hline Choose Numerator: & 1 Choose Denominator: & Debt to Equity Ratio \\ \hline & 1 & & = & Debt-to-equly ratio \\ \hline & 1 & & = & to 1 \\ \hline \end{tabular} Profit Margin Ratio \begin{tabular}{|l|l|l|l|l|} \hline Choose Denominator: & = & Profit margin rotio & \\ \hline & = & Profit margin ratio & \\ \hline & = & & % \\ \hline \end{tabular} (10) Retum on Total Assets \begin{tabular}{|l|l|l|l|l|l|} \hline Choose Numerator: & 1 & Choose Denominator: & \multicolumn{1}{|c|}{ Return on Total Assets } \\ \hline & 1 & & = & Return on total assets \\ \hline & 1 & & = & \\ \hline \end{tabular} Compute the return on common stockholders' equity