s 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, $48,900; total assets, $189,400; common stock. $88,000; and retained earnings, $25,918.) Assets Cash Short-term investments Accounts receivable, net CABOT CORPORATION Balance Sheet December 31 of current year Liabilities and Equity $ 10,000 Accounts payable 8,000 Accrued wages payable 29,000 Income taxes payable 38,150 Long-term note payable, secured by mortgage on plant assets Merchandise inventory Prepaid expenses 2,950 Common stock Plant assets, net 151,300 Retained earnings Total assets $ 239,400 Total liabilities and equity CABOT CORPORATION Income Statement For Current Year Ended December 31 $ 18,500 3,000 3,500 69,400 88,000 57,000 $ 239,400 Sales Cost of goods sold Gross profit Operating expenses Interest expense Income before taxes. Income tax expense Net income Required: $ 453,600 298,050 155,550 99,200 4,300 52,050 20,968 $ 31,082 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. (Do not round intermediate calculations.)