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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, $52,900; total assets, $199,400; common stock, $81,000; and retained earnings, $50.491) Assets Cash Short-tern Investments Accounts receivable, nes Merchandise inventory Prepala penses Plant assets, net Total assets CABOT CORPORATION Income Statement $ 18,000 9,200 CABOT CORPORATION Balance Sheet December 31 of current year Liabilities and Equity Accounts payable Accrued wages payable 29,200 Income taxes payable 38,150 Long-term note payable, secured by mortgage on plant assets 2,550 Common stock 154,300 Retained earnings $ 251,400 Total liabilities and equity For Current Year Ended December 31 5 15,500 4,800 4,500 65,400 $1,000 80,200 $251,400 Sales Cost of goods sold Gross profit Operating expenses Interest expense Income before taxes Income tax expense Bet Incone Required: $450,600 297,650 152,950 90,500 4,700 49,750 20,041 $29,70 Compute the following: (1) current ratio (2) acid-test retio, (3) days' sales uncollected (4) inventory turnover. (5) days' sales in inventory 15) debt-to-equity ratio. (7) times interest earned. (8) profit margin ratio, 19) total asset turnover. 110) return on total assets, and (1) return on equity (Do not round intermediate calculations.)

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