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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

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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 were inventory, $52,900; total assets, $259,400; common stock, $82,000; and retained earnings, $41,150.) Assets Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets CABOT CORPORATION Balance Sheet December 31 of current year Liabilities and Equity $ 10,000 Accounts payable 9,600 Accrued wages payable 31,800 Income taxes payable 40,150 Long-term note payable, secured by mortgage on plant assets 2,950 Common stock 153,300 Retained earnings $ 247,800 Total liabilities and equity $ 18,500 3,200 4,200 69,400 82,000 70,500 $ 247,800 CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 450,600 Cost of goods sold 298,450 Gross profit 152, 150 Operating expenses 98,500 Interest expense 4,500 Income before taxes Income tax expense 19,800 Net income $ 29,350 49, 150 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. (Do not round intermediate calculations.) Camnlata thic Alection hy anterinn vaur aneware in the tahe halows

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