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, $259.400, common stock. $90,000, and retained earnings. $20,605) CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales 3 451,600 Cost of goods sold 296.950 Gross profit 154,650 Operating expenses 95,500 Interest expense 4.700 Incone before taxes 51,150 Income tax expense 20.605 Net Income $ 30,545 5 Assets Cash Short-term Investments Accounts receivable, net Merchandise Inventory CABOT CORPORATION Balance Sheet Deceber 31 Liabilities and Ed ty 5 10,000 Accounts payable 9,400 Accrued wages payable 23,600 Income taxes payable 36,15e Longtere note payable, secured by mortgage on plant assets 2.500 Common stock 147.300 detained warnings $ 238,950 Total Habilities and equity 17,500 4,000 3,900 72,400 Prepaid expenses plant assets, net Tatal assets 90,000 51. 150 $ 238,950 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 found intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Regs Reg 6 Red 7 Reg. 8 Reg 9 Reg 10 Reg 11 Compute the current ratio and acid-test ratio Current Ratio Choose Denominator Choose Numerator: Cucent Ratio Current ratio to 1 4 12) Ach Test Ratio Choose Denominator Cho Numerat Acid Test Ratio Acid-Test Ratio tot Reg3 >