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, $48,900; total assets. $209,400; common stock. $80,000, and retained earnings, $51,207) Assets Canh Short-term investments Accounts receivable, bet Merchandise inventory Prepaid expenses Plant Assets, net Total absoto CABOT CORPORATION Balance Sheet December 31 ot current year Liabilities and Equity $ 13,000 Accounts payable 8,600 Accrued wages payable 34.000 Income taxes payable 40,150 Long-term note payable, secured by mortgage on plant sets 2,850 Connon stock 154,300 Retained earnings $ 257,900 Total liabilities and equity $ 27.500 4,200 4,600 67,400 80,000 84200 $ 257,900 CAROT CORPORATION Income Statement Tor Current Year Ended December 31 Sale $ 455,600 Cost of goods sold 297150 Gro profit 158,450 Operating expenses 99,200 Interest expense 0.000 Incone before taxes 55,250 Income tax expende 22,252 Net income $ 32,993 Required: Compute the following: (t) 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 (19) return on equity (Do not round Intermediate calculations.) Complete this question by entering your answers in the tabs below. Red 3 Rea4 Reg 1 and 2 Regs Reg 6 Regs Red Reg 9 Reg 10 Reg 11 1 compute the following: (y current ratio, (2) acio-test ratio, (3) days sales uncollectea, (4) inventory turnover (> days sales ir (6) debt-to-equity ratio (7) times interest earned (8) profit margin ratio (9) total asset turnover, (10) return on total assets, an on equity. (Do not round Intermediate calculations.) Complete this question by entering your answers in the tabs below. Red 1 and 2 Reg 3 Reg 4 Reqs Req6 Reg 2 Red 8 Reg 9 Red 10 Reg 11 800 Compute the current ratio and acid-test ratio. (1) erences Current Ratio Denominator Numerator: Current Ratio Current ratio 101 (2) Numerator: Acid-Tost Ratio Denominator Acid-Test Ratio Acid-Test Rato 10 Rega > Required: 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, ) times interest earned. (8) profit margin ratio, (9) total asset turnover (16) return on total assets, and (11) return on equity. (Do not round Intermediate calculations.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Reg 4 Regs Reg 6 Reg 7 Reg 8 Reg 9 Reg 10 Reg 11 Compute the days sales uncollected (3) Days Sales Uncollected Denominatori Numerator: Days Days Sales Uncollected Duys les uncollected duy C Reg 1 and 2 Reg 4 ) Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) inventory turnover, (5) days' sal (6) debt-to-equity ratio (7) times interest earned, (8) profit margin ratio, (9) total asset turnover (10) return on total assets on equity. (Do not round Intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg Reg 8 Reg 9 Reg 10 Reg 11 Compute the inventory turnover. (4) Inventory Turnover Denominator Numerator Inventory Turnover Inventory turnover timas uired: pute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) inventory turnover (5) days sales in ir ebt-to-equity ratio (7) times interest earned, (8) profit margin ratio, (9) total asset turnover (10) return on total assets, and quity. (Do not round Intermediate calculations.) omplete this question by entering your answers in the tabs below. 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg 7 Reg 8 Reg 9 Reg 10 Reg 11 mpute the times interest earned. Times Interest, Earned Numerator: Denominator: Times interest Earned Times interest earned smes Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) inventory turnover ( (6) debt-to-equity ratio (7) times interest earned. (8) profit margin ratio (9) total asset turnover (10) return ont on equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Req 5 Reg 6 Req Reg 8 Reg 9 Req 10 Compute the profit margin ratio. (8) Profit Margin Ratio Denominator Numerator: Profit margin ratio Profit margin ratio 196 - 2 Req7 Req> Compute the following: (1) current ratio, (2) acid-test ratio (3) days' sales uncollected. (4) inventory turnover, (6) debt-to-equity ratio, (7) times interest earned, (8) profit margin ratio, (9) total asset turnover, (10) return or on equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Req7 Req 8 Rego Reg 10 Compute the total asset tumover. (9) Total Asset Turnover Denominatori Numerator: Total Asset Turnover Total asset turnover times Rog Ruq 10 > Compute the following: (1) current ratio, (2) acid-test ratio. (3) days' sales uncollected, (4) inventory turnove (6) debt-to-equity ratio, (7) times interest earned, (8) profit margin ratio (9) total asset turnover (10) return on equity. (Do not round Intermediate calculations.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg 7 Req 8 Req9 Regro Compute the return on total assets. (10) Return on Total Assets Denominator Numerator: Return on Total Assets IE Return on total assets %6 Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) Inventory turnover, (5) days' sales in inver (6) debt-to-equity ratio, times interest earned. (8) profit margin ratio (9) total asset turnover (10) return on total assets, and (11) re on equity. (Do not round Intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Req 4 Reg 6 Reg 5 Req Red 2 Reg 8 Reg 9 Reg 10 11 Compute the return on equity (11) Return on Equity Denominator Numerator: Return On Equity Return on equity