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, $47.900; total assets, $179,400; common stock, $88,000, and retained earnings, $37,283.) CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 454,600 Cost of goods sold 296,950 Gross profit 157,650 Operating expenses 99,000 Interest expense 4,700 Income before taxes 53,950 Income tax expense 21,733 Net income $ 32,217 $ Assets Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses plant assets, net Total assets CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 20,000 Accounts payable 8,200 Accrued wages payable 33,800 Income taxes payable 36,150 Long-term note payable, secured by mortgage on plant assets 2,550 Common stock 153,300 Retained earnings $ 254,000 Total liabilities and equity 18,500 5,000 3,600 69,480 88,000 69,500 $ 254,000 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 eamed (8) profit margin ratio. (9) total asset turnover (10) return on total assets, and (11) return on common stockholders' equity (Do not round Intermediate calculations) 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 common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg 7 Reg 8 Reg 9 Reg 10 Reg 11 Compute the current ratio and acid-test ratio. Current Ratio 1 Choose Denominator: Choose Numeraton Current Ratio Current ratio to 1 1 (2) Choose Numerator: Acid.Test Ratio 7 Choose Denominator - Acid.Test Ratio Acid-Test Ratio to 1 Req3 > Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) Inventory turnover. (5) days' sales in inventor (6) debt-to-equity ratio. (7) times interest earned (8) profit margin ratio (9) total asset turnover (10) return on total assets, and (11) retur on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Req 7 Req8 Reg 9 Req 10 Reg 11 Compute the days' sales uncollected. (3) Choose Numerator: Days Sales Uncollected Choose Denominator: X Days 1 Days Sales Uncollected 4 X Days sales uncollected days 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, times interest earned, (8) profit margin ratio, (9) total asset turnover (10) return on total assets, and (11) return 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 Reg 5 Reg 6 Reg 7 Req8 Reg 9 Reg 10 Reg 11 Compute the inventory turnover. (4) Choose Numerator Inventory.Tumover Choose Denominator: Inventory Turnover Inventory turnover times 1 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 eamed. (8) profit margin ratio (9) total asset turnover (10) return on total assets, and (11) return on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg4 Reqs Reg 6 Reg 7 Req 8 Reg 9 Reg 10 Reg 11 Compute the days' sales in inventory (5) Choose Numerator Days Sales In Inventory Choose Denominator: X Days Days' Sales In Inventory Days' sales in Inventory X X days 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 common stockholders' equity (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Req4 Reg 5 Reg 6 Reg 7 Req8 Reg 9 Reg 10 Reg 11 Compute the debt-to-equity ratio. (6) Choose Numerator: Debt to Equity Ratio Choose Denominator: 1 Debt-to-Equity Ratio Debt-to-equity ratio 1 to 1 Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg 7 Reg 8 Req 9 Req 10 Req 11 Compute the times interest earned. Times. Interest Earned Choose Numeraton 1 Choose Denominator: Times Interest Eamed 1 Times interest earned - 1 times 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 common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Reg 5 Req 6 Reg 7 Reg 8 Reg 9 Reg 10 Reg 11 Compute the profit margin ratio. (8) Profit Margin Ratio 1 Choose Denominator: Choose Numerator: Profit margin ratio Profit margin ratio 1 % 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 common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Req3 Reg 4 Reg 5 Reg 6 Req 7 Reg 8 Reg 9 Reg 10 Reg 11 Compute the total asset turnover. (9) Choose Numerator: Total AssetTurnover Choose Denominator: 1 1 Total Asset Turnover Total asset turnover times 1 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 common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg 7 Reg 8 Reg 9 Reg 10 Reg 11 Compute the return on total assets. (10) Return on Total Assets 1 Choose Denominator: Choose Numerator: Return on Total Assets Return on total assets Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg z Reg 8 Reg 9 Reg 10 Reg 11 Compute the return on common stockholders' equity, (11) Choose Numerator Return on Common Stockholders' Equity Choose Denominator - Return On Common Stockholders' Equity = Return on common stockholders' equity