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. $50,900; total assets, $219.400: common stock $81,000; and retained eamings $37.966.) $ 13,500 Assets Cash Short-term investments Accounts receivable, et Merchandise inventory Prepaid expenses Plant assets, net Total assets CABOT CORPORATION Balance Sheet December 31. of current year Liabilities and Equity $ 20,000 Accounts payable 3,600 Accrued wages payable 32,600 Incone taxes payable 32,150 Long tern note payable, secured by mortgage on plant assets 2.700 Common stock 143,300 Retained earnings $ 244,350 Total liabilities and equity 4,400 4.300 67,400 $1,000 68,750 5 244,50 CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 451,600 Cost of goods sold 297,250 Gross profit 154, 350 Operating expenses 98,500 Interest expense 4,000 Income before taxes 51,550 Income tax expense 20,766 Net Income $ 30,784 Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) Inventory tumover. (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 and ina na rin intermediate ralentiane Compute the following: (1) current ratio, (2) acid-test ratio (3) days' sales uncollected. (4) inventory turnover, (5) days' sales in (6) debt-to-equity ratio. (7) times interest earned. (8) profit margin ratio (9) total asset turnover (10) return on total assets, and on equity. (Do not round intermediate calculations.) Answer is not complete. Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg4 Req 5 Reg 6 Reg 7 Reg 8 Reg 9 Reg 10 Req 11 Compute the current ratio and acid-test ratio. (1) Numerator: Current Ratio Denominator: Current Ratio Current ratio 0 to 1 (2) Numerator: Acid-Test Ratio Denominator: Acid-Test Ratio Acid-Test Ratio 0 to 1 Regard Req3 > ** Compute the following: (1) current ratio. (2) acid-test ratio. (3) days sales uncollected, (4) Inventory turnover, (5) days' sales in invente (6) debt-to-equity ratio. (7) times interest earned, (8) profit margin ratio, (9) total asset turnover (10) return on total assets, and (11) retu on equity. (Do not round intermediate calculations.) Answer is not complete. Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Req4 Reg 5 Reg 6 Reg 7 Reg 8 Reg 9 Reg 10 Reg 11 Compute the days' sales uncollected. (3) Days' Sales Uncollected Numerator: Denominator: Days Days Sales Uncollected Days salos uncollected 0 days Answer is not complete. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Reg 4 Req 5 Reg 6 Reg 7 Reg 8 Req 9 Reg 10 Reg 11 Compute the inventory turnover. Numerator: Inventory Turnover Denominator: Inventory Turnover Inventory turnover times ( Req3 Req 6 > Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Req 4 Reg 5 Reg 6 Req 7 Req8 Reg 9 Reg 10 Reg 11 Compute the days' sales in inventory (5) Days' Sales In Inventory Numerator: Denominator: Days Days' Sales in Inventory Days' salos in inventory 0 days Answer is not complete. Complete this question by entering your answers in the tabs below. Reg 1 and 2 Req3 Reg 4 Reg 5 Reg 6 Req 7 Req 8 Reg 9 Reg 10 Reg 11 Compute the debt-to-equity ratio. (6) Debt-to-Equity Ratio Denominator: Numerator: Debt-to-Equity Ratio Debt-to-equity ratio 0 to 1 Answer is not complete. 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 Reg 9 Reg 10 Req 11 Compute the times interest earned. (7) Times Interest Earned Numerator: Denominator: Times Interest Earned Times interest earned 0 times Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) inventory turnover. (5) days' sales in inver (6) debt-to-equity ratio, 7) times interest earned, (8) profit margin ratio (9) total asset turnover (10) return on total assets, and (11) on equity. (Do not round intermediate calculations.) Answer is not complete. 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 Req8 Reg 9 Reg 10 Reg 11 Compute the profit margin ratio. (8) Profit Margin Ratio Denominator: Numerator: Profit margin ratio Profit margin ratio 0 % Compute the following: (1) current ratio (2) acid-test ratio, (3) days' sales uncollected, (4) inventory turnover (5) days' sales in in (6) debt-to-equity ratio, () times interest earned, (8) profit margin ratio, (9) total asset turnover (10) return on total assets, and (1 on equity. (Do not round intermediate calculations.) Answer is not complete. 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 Req8 Reg 9 Reg 10 Req 11 Compute the total asset turnover. (9) Total Asset Turnover Numerator: Denominator: Total Asset Turnover Total asset turnover times Compute the following: (1) current ratio, (2) acid-test ratio. (3) days' sales uncollected, (4) inventory turnover, (5) days' sales (6) debt-to-equity ratio. (7) times interest earned, (8) profit margin ratio, (9) total asset turnover. (10) return on total assets, ar on equity. (Do not round intermediate calculations.) Answer is not complete. Complete this question by entering your answers in the tabs below. Reg 1 and 2 Req3 Reg 4 Reg 5 Reg 6 Reg 7 Reg 11 Reg 8 Reg 9 Reg 10 Compute the return on total assets. (10) Return on Total Assets Denominator Numerator: Return on Total Assets Return on total assets 0 % Answer is not complete. Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Req Reg 8 Reg 9 Reg 10 Reg 11 Compute the return on equity. (11) Return on Equity Denominator Numerator: Return On Equity Return on equity 0