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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

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, $52,900; total assets, $219,400; common stock, $89,000; and retained earnings, $35,287.) CABOT CORPORATION Balance Sheet December 31 of current year Assets Liabilities and Equity Cash $ 12,000 Accounts payable $ 17,500 Short-term investments 8,200 Accrued wages payable 3,400 Accounts receivable, net 29,000 Income taxes payable 4,100 Merchandise inventory 40,150 Long-term note payable, secured by mortgage on plant assets 67,400 Prepaid expenses 2,850 Common stock 89,000 Plant assets, net 153,300 Retained earnings 64,100 Total assets $ 245,500 Total liabilities and equity $ 245,500 CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 449,600 Cost of goods sold 297,650 Gross profit 151,950 Operating expenses 99,400 Interest expense 4,300 Income before taxes 48,250 Income tax expense 19,437 Net income $ 28,813 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

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