Required: Compute the following: ( 1 ) current ratio, ( 2 ) acid - test ratio, (
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Question:
Required:
Compute the following: current ratio, acidtest ratio, days' sales uncollected, inventory turnover, days' sales in inventory, debttoequity ratio, times interest earned, profit margin ratio, total asset turnover, return on total assets, and return on equity.
Note: Do not round intermediate calculations.
Complete this question by entering your answers in the tabs below.
tableReq and Req Req Req Req Req Req Req Req Req
Compute the return on equity.
tableReturn on EquityNumerator:Denominator,Return On EquityNet income,,Average total equity,Return On Equity$table
Selected current yearend financial statements of Cabot Corporation follow. All sales were on credit; selected balance sheet amounts at December of the prior year were inventory, $; total assets, $; common stock, $; and retained earnings, $
tabletableCABOT CORPORATIONBalance SheetDecember of current yearAssetsLiabilities and Equity,Cash$Accounts payable,$
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