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, $54,900; total assets, $179,400; common stock, $81,000, and retained earnings. $43,071) CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales Cost of goods sold $ 453,600 297,258 Gross profit Operating expenses Interest expense 156,350 99,200 4,100 Income before taxes 53,050 Income tax expense 21,371 Net income $ 31,679 Assets Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets $ CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity 12,000 Accounts payable 9,600 Accrued wages payable 33,200 Income taxes payable 38,150 Long-term note payable, secured by 2,500 148,300 mortgage on plant assets Common stock Retained earnings $ 243,750 Total liabilities and equity $ 15,500 4,000 4,100 64,400 81,000 74,750 $ 243,750 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 1 and 2 Req 31 Req 4 Req 5 Req 6 Req 7 Reg 8 Req 9 Req 10 Req 11 Compute the current ratio and acid-test ratio. (1) Choose Numerator: (2) Choose Numerator: 1 Current Ratio Choose Denominator:: Current Ratio # Current ratio 0 to 1 Acid Test Ratio Choose Denominator: Acid-Test Ratio Acid-Test Ratio: to 1