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, $55,900; total assets, $179,400; common stock, $86,000; and retained earnings, $27,442.I only need 4,9,10.119,10,11))

Req 1 and 2 Req3 Reg 4 Req 5 Reg 6 Req 7 Reg 8 Req 9 Reg 10 Reg 11 Compute the inventory turnover. (4) = Inventory Turnover Denominator: Average inventory $ 36,150 X Numerator: Cost of goods sold $ 297,850 II >IX Inventory Turnover Inventory turnover 8.2 times 1 X II *Red text indicates no response was expected in a cell or a formula-based calculation is incorrect: no points deducted. Selected current year-end financial statements of abot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31 of the prior year were inventory, $55,900; total assets, $179,400; common stock, $86,000; and retained earnings, $27,442) Assets Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets CABOT CORPORATION Balance Sheet December 31 of current year Liabilities and Equity $ 16,000 Accounts payable 8,200 Accrued wages payable 29,200 Income taxes payable 36,150 Long-term note payable, secured by mortgage on plant assets 2,850 Common stock 152,300 Retained earnings $ 244,700 Total liabilities and equity $ 18,500 5,000 3,500 72,400 86,000 59,300 $ 244,700 CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 454,600 Cost of goods sold 297,850 Gross profit 156,750 Operating expenses Interest expense 4,700 Income before taxes 53,350 Income tax expense 21,492 Net income $ 31,858 98,700 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 equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Req 4 Reg 5 Req 6 Req 7 Reg 8 Req 9 Reg 10 Reg 11 Compute the total asset turnover. (9) Total Asset Turnover Numerator: = Total Asset Turnover Denominator: Average total assets Net sales 1 = Total asset turnover 0 times $ 454,600 = Compute the return on total assets. (10) Numerator: Net income S Return on Total Assets Denominator: Average total assets 11 1 1 Return on Total Assets Return on total assets 0 % 31,858 *Red text indicates no response was expected in a cell or a formula-based calculation is incorrect: no points deducted. Compute the return on equity. (11) Numerator: 1 Return on Equity Denominator Average total liabilities X x Return On Equity Return on equity Net income = $ 31.858 0 %