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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 31 of the prior year
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, $54,900; total assets, $189,400; common stock, $90,000; and retained earnings, $23,552.) Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) inventory turnover, (5) days' sales in nventory, (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. Vote: Do not round intermediate calculations. Complete this question by entering your answers in the tabs below. Compute the current ratio and acid-test ratio. Complete this question by entering your answers in the tabs below. Compute the days' sales uncollected. Complete this question by entering your answers in the tabs below. Compute the inventory turnover. Compute the days' sales in inventory. Complete this question by entering your answers in the tabs below. Compute the debt-to-equity ratio. Complete this question by entering your answers in the tabs below. Compute the times interest earned. Complete this question by entering your answers in the tabs below. Compute the profit margin ratio. Complete this question by entering your answers in the tabs below. Compute the total asset turnover. Compute the return on total assets. Complete this question by entering your answers in the tabs below. Compute the return on equity
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