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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 common stockholders' equity. (Use 365 days a year. Do not round intermediate calculations.)
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Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2012, were inventory, $48,900; total assets, $239,400; common stock, $85,000; and retained earnings, $52,348.) CABOT CORPORATION Income Statement For Year Ended December 31, 2013 Sales Cost of goods sold $451,600 298,450 153,150 99,300 4,900 Gross profit Interest expense Income before taxes Income taxes 48,950 19,719 Net income S 29,231 CABOT CORPORATION Balance Sheet December 31, 2013 22,000 Accounts payable 32,200 Income taxes payable 38,150 Assets Liabilities and Equity 20,500 3,000 3,600 Short-term investments Accounts receivable, net Notes receivable (trade)" Merchandise inventory Prepaid expenses Plant assets, net 9,400 ,000Long-term note payable, secured 2,750 Accrued wages payable by mortgage on plant assets Common stock Retained earnings 85,000 78,300 150,300 Total assets $ 258,800 Total liabilities and equity $ 258,800 These are short-term notes receivable arising from customer (trade) sales. 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 (Use 365 days a year. Do not round intermediate calculations.)

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