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 $ 448,60 Cost of goods sold 297,250 Gross profit 151,350 Operating expenses 98,600 Interest expense 4,100 Income before taxes 48,650 Income tax expense 19,598 Net Income $ 29,052 Assets Cash Short-term investments Accounts receivable, het Merchandise Inventory CABOT CORPORATION Balance Sheet December 31 Llabilities and Equity $10,000 Accounts payable 3,400 Accrued wages payable 33,700 Income taxes payable Long term note payable, secured by mortgage on plant assets 2,650 Common stock 153300 Retained earning $240,200 Yotal liabilities and equity $ 17,500 3,200 3.300 63,400 Prepaid expenses plant assets, net Total assets 190,000 62.000 $ 240,200 Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected. (1) 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 Req3 Reg 4 Reg 5 Reg 6 Red Req8 Reg 9 Req 10 Req 11 Compute the total asset turnover. Choose Numerator: Total Asset Turnover 1 Choose Denominator 1 Total Asset Turnover Total Annot Turnover 0 times Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Req 4 Regs Reg 6 Reg 7 Req 8 Reg 9 Req 10 Req 11 Compute the return on total assets. (10) Retumnon Total Assets Choose Numerator: Choose Denominator: 1 Return on Total Assets Return on Total Assets 0 % 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, (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. Req 1 and 2 Reg 3 Reg4 Reg 5 Req Reg Red B Rego Reg 10 Reg 11 Compute the return on common stockholders' equity, Return on Common Stockholders' Equity Choose Denominator Choone Numerator: Retum On Common Stockholders' Equity Return On Common Stockholders' Equity 019