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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

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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, $54,900, total assets, $179,400; common stock, $81,000; and retained earnings, $51,510.) 11 Assets Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, not Total assets CABOT CORPORATION Income Statement CABOT CORPORATION Balance Sheet December 31 of current year Liabilities and Equity $ 16,000 Accounts payable $ 15,500, 8,800 Accrued wages payable 3,400 29,200 Income taxes payable 3,900 42, 150 Long-term note payable, secured by mortgage on plant assets 69,400 2.700 Common stock a1,000 153, 300 $252, 150 Retained earnings 78,950 Total liabilities and equity $252,150 For Current Year Ended December 31 Sales Cost of goods sold Gross profit Operating expenses Interest expense Income before taxes Income tax expense Net income Required: S 447,600 208, 350 149,250 98,600 4,700 45,950 18,510 $ 27,440 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 catio, (9) total asset turnover, (10) return on total assets, and (tt) return on equity. (Do not round intermediate calculations.)

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