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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, $56,900, total assets, $239,400; common stock, $88,000; and retained earnings. $34,901.) Assets Cashi Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 22,000 Accounts payable 8,400 Accrued wages payable $ 15,500 4,000 28,800 Income taxes payable 3,200. 30,150 Long-term note payable, secured by 71,400 mortgage on plant assets 88,000 154,300 Retained earnings 64,550 $ 246,650 Total liabilities and equity $ 246,650 3,000 Common stock CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales Cost of goods sold Gross profit Operating expenses $ 451,600 297,850 153,750 99,400 Interest expense Income before taxes Income tax expense Net income 4,700 49,650 20,001 $ 29,649 Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) inventory turnover, (5) days' sales in inventory, 16) debt-to-equity ratio. (7) times interest earned, (8) profit margin ratio, (9) total asset turnover, (10) return on total assets, and (11) return

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