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 \$55,900 ; total assets, \$189.400 common stock, $89,000; and retained earnings $38,032.)

CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 450,600 Cost of goods sold 297,150 Gross profit 153,450 Operating expenses 99,300 Interest expense 4.300 Income before taxes 49,850 Income tax expense 20,082 Net income 29, 768 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 9,200 Acerued wages payable 29,400 Income taxes payable 38,150 Long-term note payable, secured by mortgage on plant assets 2,550 Common stock 149,300 Retained earnings $ 248,600 Total liabilities and equity 16,500 3,800 4,100 67,400 89,000 67,800 248,600 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. Req 1 and 2 Req3 Req 4 Reg 5 Reg 6 Req 7 Req8 Reg 9 Req 10 Reg 11 Compute the current ratio and acid-test ratio. (1) Choose Numerator: Current Ratio Choose Denominator: Current Ratio Current ratio Choose Numerator: Acid-Test Ratio Choose Denominator: - = Acid-Test Ratio Acid-Test Ratio Rod Reg 3 > Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Req 4 Req 5 Reg 6 Req 7 Req8 Reg 9 Reg 10 Reg 11 Compute the days' sales uncollected. (3) Days' Sales Uncollected Choose Denominator: * Days Choose Numerator / - Days Sales Uncollected 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 5) 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 4 Req 7 Reg 6 Reg 9 Req 3 Reg 5 Req8 Req 1 and 2 Req 10 Reg 11 Compute the inventory turnover. Inventory Turnover Choose Denominator: 1 Choose Numerator: = = Inventory Turnover Inventory turnover times Reg 5 > ( Req3 1 of 1 Next > Req 1 and 2 Req3 Reg 4 Reqs Req 6 Reg 7 Reg 8 Reg 9 Req 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 days 1 Le LD5 DCIUW. Req 1 and 2 Req3 Reg 4 Req 5 Regt Req 7 Req8 Req9 Req 10 Reg 11 Compute the debt-to-equity ratio. (6) Debt-to-Equity Ratio Choose Denominator: Choose Numerator: = = Debt-to-Equity Ratio Debt-to-equity ratio 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 Rego Req 7 Rear Rega Rega Req 8 Req 9 Reg 10 Reg 11 Compute the times interest earned. Times Interest Earned Choose Numerator: 1 Choose Denominator: - = Times Interest Earned Times interest earned Umplute Liis que LIUII Dy entering your answers in the tabs below. Req 1 and 2 Req3 Reg 4 Req 5 Reg 6 Reg 7 Req8 Req9 Req 10 Reg 11 Compute the profit margin ratio. (8) Profit Margin Ratio 1 Choose Denominator: Choose Numerator: - = . Profit margin ratio Profit margin ratio i Required: Compute the following: (1) current ratio, (2) acid-test ratio. (3) days' sales uncollected, (4) inventory turnover, (5) days' sale (6) debt-to-equity ratio. (7) times interest earned, (8) profit margin ratio (9) total asset turnover (10) return on total assets 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 Reg 5 Reg 6 Req 7 Req 8 Req 9 Req 10 Req 11 Compute the total asset turnover. Total Asset Turnover Choose Denominator: Choose Numerator: 1 = = Total Asset Turnover Total asset turnover times Req8 Reg 10 > Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Reg 5 Roq 5 Req 6 Rego Req 7 Roa ? Req8 Rego Reg 9 Rego Req 10 Rega 10 Reg 11 Reg 11 Compute the return on total assets. (10) Return on Total Assets Choose Denominator: Choose Numerator: - Return on Total Assets Return on total assets ilete this question by entering your answers in the tabs below. nd 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg 7 Reg Reg 9 Reg 10 Reg 11 te the return on common stockholders' equity. Return on Common Stockholders' Equity Choose Denominator Choose Numerator: - Return On Common Stockholders' Equity - Return on common stockholders' equity Reg 10