Save & 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, $56,900; total assets, $179,400; common stock, $89,000, and retained earnings, $31,220.) Assets Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets $ 14,000 CABOT CORPORATION Balance Sheet December 31 of current year Liabilities and Equity Accounts payable 8,000 Accrued wages payable 32,200 Income taxes payable 36,150 Long-term note payable, secured by mortgage on plant assets, 2,850 Common stock 149,300 Retained earnings $242,500 Total liabilities and equity $ 17,500 4,800 3,200 69,400 89,000 50,000 $242,500 CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales Cost of goods sold Gross profit Operating expenses Interest expense Income before taxes Income tax expense Net incone $ 447,600 298,150 149,450 98,900 4,700 45,650 18,470 $ 27,300 Check 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 equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Req 4 Req 5. Req 6 Req 7 Req 8 Reg 9 Req 10 Req 11 Compute the current ratio and acid-test ratio. (1) Numerator: Current Ratio Denominator: (2) Numerator: Current Ratio Current ratio to 1 Acid-Test Ratio Denominator: Acid-Test Ratio Acid Test Ratio 10 1 Ch