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, $49,900; total assets, $199,400; common stock, $80,000; and retained earnings, $36,443.)

CABOT CORPORATION Income Statement For Current Year Ended December 31
Sales	$	454,600
Cost of goods sold		297,750
Gross profit		156,850
Operating expenses		99,100
Interest expense		3,900
Income before taxes		53,850
Income tax expense		21,693
Net income	$	32,157

CABOT CORPORATION Balance Sheet December 31
Assets				Liabilities and Equity
Cash	$	14,000		Accounts payable	$	17,500
Short-term investments		8,200		Accrued wages payable		4,200
Accounts receivable, net		30,000		Income taxes payable		4,500
Merchandise inventory		38,150		Long-term note payable, secured by mortgage on plant assets		69,400
Prepaid expenses		2,550		Common stock		80,000
Plant assets, net		151,300		Retained earnings		68,600
Total assets	$	244,200		Total liabilities and equity	$	244,200

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 common stockholders' equity. (Do not round intermediate calculations.)

Complete this question by entering your answers in the tabs below. Req 5 Req 6 Req 9 Req 11 Req 1 and 2 Req 3 Req 4 Req 7 Req 8 Req 10 Compute the current ratio and acid-test ratio Current Ratio (1) Choose Denominator: Choose Numerator: Current Ratio Current ratio to 1 (2) Acid-Test Ratio Choose Denominator: Choose Numerator: Acid-Test Ratio Acid-Test Ratio to 1 Req 1 and 2 Req 3