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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, $46,900; total assets, $249,400: common stock, $84,000, and retained earnings, $36,862.) 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 $ 12,000 Accounts payable 8,200 Accrued wages payable 31,200 Income taxes payable 30,150 Long-tern note payable, secured by mortgage on plant assets 2,550 Common stock 150,380 Retained earnings $ 234,400 Total liabilities and equity $ 15,500 3,200 3,700 63,400 84,000 64,600 $ 234,400 CABOT CORPORATION Income Statement For Current Year End December 31 Sales $ 447,600 Cost of goods sold 297,250 Gross profit 150, 350 Operating expenses 99,300 Interest expense 4,600 Income before taxes 46,450 Income tax expense 18,712 Net Income $ 27,738 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

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