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Selected current year-end financial statements of Cabot Corporation follow. (All sales were on credit, selected balance at December 31 of the prior year were inventory,

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Selected current year-end financial statements of Cabot Corporation follow. (All sales were on credit, selected balance at December 31 of the prior year were inventory, $55.900, total assets, $239,400; common stock, $83,000, and retain $37,676) CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 455,600 Cost of goods sold 297,150 Gross profit 158,450 Operating expenses 99,900 Interest expense 4,400 Income before taxes 55,050 Income tax expense 22,176 Net income 32,874 Os $ $ Assets Cash Short-term investments Accounts receivable, net Merchandise inventory CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 16,800 Accounts payable 9,200 Accrued wages payable 39,600 Income taxes payable 34,150 Long-ten note payable, secured by mortgage an plant assets 2,500 Common stock 148,309 Retained earnings $ 240,750 Total liabilities and equity 17,500 3,200 3,100 63,400 Prepaid expenses Plant assets, net Total assets 83,000 70.550 $ 240,750 Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Real Req8 Reg 9 Reg 10 Reg 11 Compute the times interest earned. (7) Choose Numerator: Times Interest Earned 1 Choose Denominator: 11 Times Interest Earned Times interest earned 0 times 1 Req 1 and 2 Reg 3 Reg 4 Reg 5 Req 6 Req 7 Req 8 Req 9 Re: Compute the profit margin ratio. (8) Profit Margin Ratio Choose Denominator: Choose Numerator: Profit margin ratio Profit margin ratio 0 % Required: Compute the following (1) current ratio, (2) acid test ratio. (3) days' sales uncollected (4) inventory turnov (6) debt-to-equity ratio. (7) times interest earned, (8) profit margin ratio, (9) total asset turnover (10) return on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. ook Req 1 and 2 Req3 int Reg 4 Req5 Reg 6 Reg 7 Req 8 Reg 9 Reg 10 oncos Compute the total asset turnover. (9) Choose Numerator: Net sales $ Total Asset Turnover Choose Denominator: 1 Average total assets Total Asset Turnover Total asset turnover O times 455,600

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