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, $52,900; total assets, $229,400; common stock, $87,000; and retained earnings, $23,827) CABOT CORPORATION Balance Sheet December 31 of current year Liabilities and Equity Assets Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net $ 10,000 Accounts payable 9,200 Accrued wages payable 33,600 Income taxes payable 30,150 Long-term note payable, secured by mortgage on plant assets 2,550 152,300 Common stock Retained earnings Total assets $ 237,800 Total liabilities and equity CABOT CORPORATION Income Statement $ 19,500 4,200 3,000 71,400 87,000 52,700 $ 237,800 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: $ 449,600 298,250 151,350 99,000 4,000 48,350 19,477 $ 28,873 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.)