Saved Help Save & Exit Su 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, $49,900 total assets. $209,400, common stock, 587000, and retained earnings, $34.772) CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 447,600 Cost of goods sold 297,850 Gross profit 149,750 Operating expenses 99,320 Interest expense 4,100 Income before taxes 46,35e Income tax expense 18,672 Net Income $ 27,678 Assets Cash Short-tere investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 10,ce Accounts payable 8,000 Acered wages payable 32,000 Income taxes payable 36,150 Long-tere note payable, secured by mortgage on plant assets 3,100 Comon stock 153,300 Retained earnings $ 243,550 Total tilities and equity 3.00 3,00 87.000 5242,550 Required: Compute the following (1) current ratio, (2) acid-test ratio (3) days' sales uncollected, 14) inventory turnover (5) days' sales in inventory 5. 6 8. 9 o E R T O P S D G H K. X V B N M U calculations.) Complete this question by entering your answers in the tabs below. Red 1 and 2 Reg Reg 4 Regs Reg 6 Reg 7 Req8 Reg 9 Reg 10 Reg 11 Compute the current ratio and acid-test ratio. Choose Numerator: Current Ratio Choose Denominator: 1 1 Current Ratio Current ratio to 1 2 Choose Numerator Acid-Test Ratio Choose Denominator: Acid-Test Ratio Acid-Test Ratio to 1 Req3 > 4 6 8 9 WER o ED F G I . L V B N . pause alt Ctrl Required: Compute the following: (1) current ratio, (2) acid-test ratio (3) days' sales uncollected, (4) inventory turnover (5) days' sales in (6) debt-to-equity ratio (7) times interest earned (8) profit margin ratio (9) total asset turnover (10) return on total assets, and on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. 7:13 Red 1 and 2 Req3 Req4 Reqs Req6 Reg 7 Regs Req9 Req 10 Req11 Compute the days' sales uncollected (3) Choose Numerator: Days Sales Uncollected 1 Choose Denominator: X Days = Days Sales Uncollected Days sales uncollected days 2 3 . 5 6 7 8 9 W E R T s D F G H . J . X C V B N M . DOUS it Required: Compute the following (1) current ratio. (2) acid-test ratio, (3) days' sales uncollected, (4) inventory turnover (5) days' sales ini (6) debt-to-equity ratio, 7) times interest earned, (8) profit margin ratio. (9) total asset turnover (10) return on total assets, and on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Req Req5 Reqs Req? Reqs Req9 Reg 10 Reg 11 Compute the inventory turnover. (4) Choose Numerator: Inventory Turnover Choose Denominator: = Inventory Turnover Inventory turnover times inson 2 4 4 5 0) & 7 8 9 O W E R T Y o PT S D F G H K. 1 C B NM ? pause Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) inventory turnover (5) days' sales in ir (6) debt-to-equity ratio. (7) times interest earned. (8) profit margin ratio (9) total asset turnover (10) return on total assets, and on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Req3 R Red Req6 Req7 Req8 Reg 9 Req 10 Reg 11 Compute the days' sales in inventory. (5) Choose Numerator: Days Sales In Inventory Choose Denominator: Days = Days' Sales in Inventory - Days' sales in inventory days sen 3 4 5 6 8 9 o W E R T Y S D F G H J L 1 B NM pause Saved Help Save & Exit Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected. (4) Inventory turnover. (5) days' sales in invent (6) debt-to-equity ratio 17 times interest earned, (8) profit margin ratio (9) total asset turnover (10) return on total assets, and (1) ret on common stockholders' equity (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Reqs Res Reg? Reg 8 Reg 9 Req 10 Reg 11 Compute the debt-to-equity ratio. Choose Numerator: Debt-to-Equity Ratio 1 Choose Denominator: Debt-to-Equity Ratio Debt-to-equity ratio to 1 ( Reqs Req? > temer OK 3 4 % 5 0) 7 8 V E R T U o P C D F G H J . L 1 clv B N. pause M . Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) inventory turnover (5) days' sales in inve (6) debt-to-equity ratio, 7 times interest earned. (8) profit margin ratio (9) total asset turnover (10) return on total assets, and (11) on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Red 1 and 2 Req3 Req Reqs Req6 ROY Regs Req9 Reg 10 Req11 Compute the times interest earned m Times Interest Earned Choose Denominator: Choose Numerator Times Interest Earned Time interest eamed times 1 46 ar 3 4 96 5 6 8 o V E R T U O t D F G . . C V BN pause M Saved Help Save Required: Compute the following (1) current ratio, (2) acid-test ratio. (3) days' sales uncollected, (4) inventory turnover. (5) days' sales in i (6) debt-to-equity ratio) times interest earned (8) profit margin ratio (9) total asset turnover (10) return on total assets, and on common stockholders' equity (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Reg4 Reqs Req6 Reg 7 Reads Reg 9 Reg 10 Reg 11 Compute the profit margin ratio (8) Choose Numerator: Profit Margin Ratio Choose Denominator: 1 -Profit margin ratio Profit margin ratio 1 % Req7 Req> 96 3 & 6 8 W E R T U O D F G H J K x CV B N M > Dause Saved Help Save & Ex Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) Inventory turnover (5) days' sales in inve (6) debt-to-equity ratio (7) times interest earned. (B) profit margin ratio (9) total asset turnover (10) return on total assets, and (11) on common stockholders' equity (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Reg 4 Reqs Req6 Reg 7 Req8 Req 10 Reg 11 Compute the total asset turnover. 19) Choose Numerator: Total Asset Turnover Choose Denominator Total Asset Turnover Total asset tumover times 5 6 00 backs E C R T T Y IO D F G H J K L Save Required: Compute the following: (1) current ratio (2) acid-test ratio. (3) days' sales uncollected. (4) Inventory turnover, (5) days' sales in (6) debt-to-equity ratio. (7) times interest earned. (8) profit margin ratio (9) total asset turnover (10) return on total assets, and on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Regs Reg 6 Reg 7 Req8 Les 10 Reg 9 Req 11 Compute the return on total assets. (10) Choose Numerator: Return on Total Assets Choose Denominator: Return on Total Assets Return on total assets wert 3 96 5 6 7 8 E R T Y U F G I J K K C V B N M . pause Saved Help Save & Exit red: pute the following (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected (4) inventory turnover (5) days' sales in inventory obt-to-equity ratio) times interest earned, (8) profit margin ratio (9) total asset turnover (10) return on total assets, and (TT) return ymmon stockholders' equity. (Do not round intermediate calculations.) omplete this question by entering your answers in the tabs below. 1 and 2 Req3 Reg 4 Reqs Req6 Req7 Req Reg 9 Req 10 mpute the return on common stockholders' equity. Choose Numerator Return on Common Stockholders' Equity Choose Denominator = Return On Common Stockhs' Equit Return on common stockholders equity 144 3 5 6 7 8 9 KOR V E R T Y o D F G . J K L 1 CV B N DANSA M