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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,

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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.

Note: Do not round intermediate calculations.

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed \begin{tabular}{|c|c|c|c|c|c|} \hline (9) & \multicolumn{5}{|c|}{ Total Asset Turnover } \\ \hline & Numerator: & 1 & Denominator: & = & Total Asset Turnover \\ \hline & & 1 & & = & Total asset turnover \\ \hline & & 1 & & = & \\ \hline \end{tabular} 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, $54,900; total assets, $239,400; common stock, $85,000; and retained earnings, $46,611. \begin{tabular}{|l|l|l|c|c|c|} \hline (4) & \multicolumn{5}{|c|}{ Inventory Turnover } \\ \hline & Numerator: & 1 & Denominator: & = & Inventory Turnover \\ \hline & & 1 & & = & Inventory turnover \\ \hline & & 1 & & = & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline (11) & \multicolumn{3}{|c|}{ Return on Equity. } \\ \hline & Numerator: & 1 & Denominator & = & \multicolumn{2}{|c|}{ Return On Equity } \\ \hline & 1 & & = & \multicolumn{2}{|c|}{ Return on equity } \\ \hline & 1 & & = & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline (10) & \multicolumn{6}{c|}{ Return on Total Assets } \\ \hline & Numerator: & I & Denominator: & = & \multicolumn{2}{|c|}{ Return on Total Assets } \\ \hline & 1 & & = & Return on total assets \\ \hline & 1 & & = & & % \\ \hline \end{tabular}

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