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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, $47,900; total assets, $189,400; common stock, $82,000; and retained earnings, $43,341.)

CABOT CORPORATION
Balance Sheet
December 31 of current year
Assets Liabilities and Equity
Cash $ 20,000 Accounts payable $ 16,500
Short-term investments 9,000 Accrued wages payable 4,800
Accounts receivable, net 30,600 Income taxes payable 3,300
Merchandise inventory 32,150 Long-term note payable, secured by mortgage on plant assets 67,400
Prepaid expenses 3,000 Common stock 82,000
Plant assets, net 152,300 Retained earnings 73,050
Total assets $ 247,050 Total liabilities and equity $ 247,050

CABOT CORPORATION
Income Statement
For Current Year Ended December 31
Sales $ 450,600
Cost of goods sold 297,350
Gross profit 153,250
Operating expenses 99,500
Interest expense 4,000
Income before taxes 49,750
Income tax expense 20,041
Net income $ 29,709

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.)

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