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, $$48,900$; total assets, $$169,400$; common stock, $$90,000$; and retained earnings,

$$40,989.)$

Assets

Cash

Short$-$term investments

Accounts receivable, net

Merchandise inventory

Prepaid expenses

Plant assets, net

Total assets.

$ $20,000$

$8,200$

$32,600$

$32,150$

$2,900$

$153,300$

$ $249,150$

CABOT CORPORATION

Balance Sheet

December $31$ of current year

Liabilities and Equity

Accounts payable

Accrued wages.

payable

Income taxes payable

Long$-$term note payable, secured by mortgage on plant assets

Common stock

Retained earnings

Total liabilities and equity

$ $16,500$

$4,200$

$2,800$

$63,400$

$90,000$

$72,250$

$ $249,150$

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 income

$ $453,600$

$297,250$

$156,350$

$99,100$

$4,900$

$52,350$

$21,089$

$ $31,261$

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