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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

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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. $48.900. total assets, $189.400, common stock $90,000, and retained earnings, $33748) CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $.448,600 Cost of goods sold 292, 250 Gross profit 151,350 Operating expenses 98,600 Interest expense 4,100 Income before taxes 48,650 Income tax expense 19.598 Met income 529,052 Assets Short-term Investments Accounts receivable, net Merchandise inventory CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 10,000 Accounts payable 8,400 Accrued wage payable 33,200 Income taxes payable 32,150 Long term note payable, secured by mortgage on plant assets 2,650 Common stock 153,300 Retained earnings $ 240,200 Total Itabilities and equity $ 12.50 3.200 3.300 63,400 Prepaid expenses plant assett, net Total assets 90,000 BE100 $ 240,200 *** 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. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Red 1 and 2 Reg 3 Reg4 Reg 5 Reg 6 Reg 7 Req Reg 9 Reg 10 Reg 11 Compute the days' sales in inventory Choose Numerator: 1 Days Sales In Inventory Choose Denominator x Days x Days' Sales in Inventory Days Sales In Inventory X o days Complete this question by entering your answers in the tabs below. Reg 1 and 2 Req 3 Reg 4 Reg 5 Reg 6 Req 7 Req 8 Req 9 Reg 10 Reg 11 Compute the debt-to-equity ratio. (6) Debt-to Equity Ratio Choose Denominator: Choose Numerator: 1 Debt-to-Equity Ratio Debt-to-Equity Ratio 0 to 1 1 Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Red Regs Reg 6 Req Reg 8 Req 9 Req 10 Reg 11 Compute the times interest earned. Times Interest Earned Choose Numerator: 1 Choose Denominator Times Interest Earned Times interest earned O times Compute the profit margin ratio. (8) Choose Numerator: Profit Margin Ratio Choose Denominator: Profit margin ratio Profit margin ratio 0 % ( Req7 Req9 >

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