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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, $52,900; total assets, $189,400; common stock, $81,000; and retained earnings, $38,783.) Assets Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales Cost of goods sold Gross profit Operating expenses Interest expense $ 12,000 9,600 33,200 30,150 2,800 154,300 $ 242,050 Income before taxes Income tax expense Net income $ 451,600 297,650 153,950 98,900 4,700 50,350 20,283 $ 30,067 CABOT CORPORATION Balance Sheet December 31 of current year Liabilities and Equity Accounts payable Accrued wages payable Income taxes payable Long-term note payable, secured by mortgage on plant assets Common stock Retained earnings Total liabilities and equity $ 17,500 3,800 3,500 67,400 81,000 68,850 $ 242,050 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.) Complete this question by entering your answers in the tabs below.
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Selected current year end financial statements of Cobot Corporation lollow. (A) sales were on credit, seleded batance sheet aniounts at December 31 of the prior year weie imvertory 552,900 , total assets, 5189.400 , common sock, 381,000 , and retanced eacring?, Required: Required: Campute the following: (0) current ratio, (2) ocid fest rato, (3) days' sales uncollected, (4) inventory turnovec, (5) days' sales in inventory? (6) debt-to-equily ratio. (7) times interest earned, (B) profit margin ratio. (9) total asset turnover. (KO) return on total assets, abd (ti) retian on equity, (Do not round intermediote calculations.) Complete this question by entering your answers in the tats below

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