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Selected current year-end financial statements of Cabot Corporation follow All sales were on credit selected balance sheets at December 31 of the prior year
Selected current year-end financial statements of Cabot Corporation follow All sales were on credit selected balance sheets at December 31 of the prior year were inventory. $56,900, total assets, $249,400 common stock $83,000, and readings $34,477) Assets Cashi Short-term investments Accounts receivable, et Merchandise inventory Prepaid expenses Plant assets, net Total assets CABOT CORPORATION Balance Sheet December 21 Liabilities and Equity 5 36,000 Accounts payable 9.008 Accrued wages payable 20. Income taxes payable 32,158 Long-term note payable, secured by mortgage on plant assets 2,000 Common stock 153,300 Retained earnings 5 242,050 Total liabilities and equity 1,500 3,200 4,000 69,400 83,000 63,358 $242,058 CABOT CORPORATION Income Statement. For Current Year Ended December 31 Sales Cost of goods sold Gross profit Operating expenses Interest expense Incose before taxes Income tax expense tiet income $449,608 151,450 30.600 4,580 48,350 19,477 520,871 Required: Compute the following: (0 current ratio, 21 acd-test ratio. 3 days sales uncollected, inventory turnover 5 days sales in inventory (6) debt-to-equity ratio, (7) times interest eamed. (8) profit margin ratio, (9) total asset turnover, 00) return on total assets, and my retu on common stockholders' equity. (Do not round intermediate calculations) >> A B N M 3C x cmd option
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