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Selected current year - end financial statements of Cabot Corporation follow. ( All sales were on credit; selected balance sheet amounts at December 3 1

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, $259,400; common stock, $83,000; and retained earnings, $33,705.)
CABOT CORPORATION
Balance Sheet
December 31 of current year
Assets Liabilities and Equity
Cash $ 10,000 Accounts payable $ 18,500
Short-term investments 8,600 Accrued wages payable 3,000
Accounts receivable, net 32,000 Income taxes payable 3,600
Merchandise inventory 38,150 Long-term note payable, secured by mortgage on plant assets 69,400
Prepaid expenses 2,700 Common stock 83,000
Plant assets, net 150,300 Retained earnings 64,250
Total assets $ 241,750 Total liabilities and equity $ 241,750
CABOT CORPORATION
Income Statement
For Current Year Ended December 31
Sales $ 451,600
Cost of goods sold 297,550
Gross profit 154,050
Operating expenses 98,900
Interest expense 4,000
Income before taxes 51,150
Income tax expense 20,605
Net income $ 30,545
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.
Note: Do not round intermediate calculations.

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