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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, $189,400; common stock, $86,000; and retained earnings, $30,207.) Assets Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net $ 10,000 CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity Accounts payable $ 16,500 8,400 Accrued wages payable 3,400 30,200 Income taxes payable 4,300 38,150 2,750 150,300 Long-term note payable, secured by mortgage on plant assets Common stock 66,400 86,000 Retained earnings 63,200 Total assets $ 239,800 Total liabilities and equity $ 239,800 CABOT CORPORATION Income Statement 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: $ 455,600 297,150 158,450 99,300 3,900 55,250 22,257 $ 32,993 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. Note: Do not round intermediate calculations. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Req 4 Req 5 Req 6 Req 7 Req 8 Req 9 Req 10 Req 11 Compute the days' sales uncollected. (3) Choose Numerator: Days' Sales Uncollected Choose Denominator: X Days Days Sales Uncollected x Days sales uncollected days

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