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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

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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 were inventory, $56,900; total assets, $189.400, common stock. $87,000, and retained earnings $25,119.) CAROT CORPORATION Income Statement For Current Year Ended December 31 Sales 450,600 Cost of goods sold 298,350 Gross profit 152, 250 Operating expenses 98,700 Interest expenses 4,600 Income before taxes 48,950 Income tax expense 19,719 Net Income $ 29.231 19,500 Cash Short-term investments Accounts receivable, net Merchandise inventory CABOT CORPORATION Balance Sheet December Liabilities and Equity $ 10,000 Accounts payable 9.400 Acerued wages payable 28,600 Income taxes payable 34, 150 Long-term note payable, secured by mortgage on plant assets 3.000 common stock 148,300 Retained earnings $ 233.450 Total abilities and equity 4.800 63,400 Prepaid expenses Plant assets, net Total assets 87.000 54.350 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.

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