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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. $54,900; total assets, $219,400; common stock, $81,000; and retained earnings, $40,926.) 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 $ 20,000 Accounts payable 8,400 Acerued wages payable 29.400 Income taxes payable 32,150 Long-term note payable, secured by mortgage on plant assets 2,850 Common stock 153,300 Retained earnings $ 246,100 Total liabilities and equity $ 16,500 3,200 4,500 71,400 81,000 69,500 $ 246,100 CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 449,600 Coat of goods sold 298,050 Gross profit 151,550 Operating expenses 99,000 Interest expense 4,700 Income before taxes 47,850 Income tax expense 19.226 Net income 5 28,574 Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' soles uncollected (4) Inventory turnover (5) days' sales in inventory (6) debt-to-equity ratio) 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. Req3 Reg 1 and 2 Req1 Reg 5 Reg 6 Req 7 Reg 8 Reg 9 Reg 10 Reg 11

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