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, 546,900; total assets, $209,400, common stock, $88,000; and retained earnings $28,640) CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales 5453,600 Cost of goods sold 297,650 Gross profit 155,950 Operating expenses 98,820 Interest expense 4.300 Incone before taxes 52,850 Income tax expense 21, 290 Net income $ 31,560 Assets Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $10,000 Accounts payable 9,200 Accrued wages payable 31,280 Income taxes payable 36,150 Long-tere note payable, secured by mortgage on plant assets 2,650 Cormon stock 154,300 Retained earnings $ 243,500 Total liabilities and equity $ 17,500 3,600 3,800 70,400 88,000 50,200 $ 243,500 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. (7times interest earned. (8) profit margin ratio. (9) total asset turnover (10) return on total assets, and (11) return on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Reg 4 Reqs Reg 6 Req7 Reg Reg 9 Reg 10 Reg 11 Compute the current ratio and acid-test ratio. (1) Current Ratio Choose Numerator: 1 Choose Denominator: 1 Current Ratio Current ratio oto 1 1 (2) Acid.Test Ratio | Choose Denominator: Choose Numerator: - Acid-Test Ratio Acid-Test Ratio 0 to 1 1 Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg 7 Reg 8 Reg 9 Req 10 Reg 1 Compute the inventory turnover. (4) Choose Numerator: Inventory Turnover | Choose Denominator 1 1 - Inventory Turnover = Inventory turnover 0 times Complete this question by entering your answers in the tabs below. Req8 Reg 9 Reg 10 Reg 11 Req 1 and 2 Reg 3 Reg 4 Reqs Reg 6 Req Compute the days' sales in inventory. (5) Days' Sales in Inventory Choose Numerator: 1 Choose Denominator: X Days - Days' Sales in Inventory Days' sales in inventory 0 days Reg 1 and 2 Reg 3 Reg 4 Reqs Reg 6 Req 7 Regs Req9 Reg 10 Reg 11 Compute the times interest earned. (7) Times Interest Eamed Choose Denominator: Choose Numerator: Times Interest Eamed Times interest earned 0 times Complete this question by entering your answers in the tabs below. Reg 1 and 2 Req3 Reg 4 Reg 5 Reg 6 Req7 Req8 Req9 Reg 10 Reg 11 Compute the profit margin ratio. (8) Profit Margin Ratio 1 Choose Denominator: Choose Numerator: - Profit margin ratio = Profit margin ratio Complete this question by entering your answers in the tabs below. Reg 4 Reg 5 Reg 6 Reg 7 Reg & Req9 Reg 10 Reg 11 Req 1 and 2 Reg 3 Compute the total asset turnover. (9) Choose Numerator: Total Asset Turnover 1 Choose Denominator: Total Asset Turnover = Total asset turnover 0 times 1 Complete this question by entering your answers in the tabs below. Reg 4 Reg 5 Reg 6 Reg 7 Reg & Req9 Reg 10 Reg 11 Req 1 and 2 Reg 3 Compute the total asset turnover. (9) Choose Numerator: Total Asset Turnover 1 Choose Denominator: Total Asset Turnover = Total asset turnover 0 times 1 Reg 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg 7 Reg 8 Reg 9 Req 10 Reg 11 Compute the return on common stockholders' equity. (11) Return on Common Stockholders' Equity 1 Choose Denominator Choose Numerator: - Return On Common Stockholders = Return on common stockholders' eq =