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Selected current year-end financial statements of Cabot Corporation follow. (All sales were on credit, selected balance sheet amo 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 amo at December 31 of the prior year were inventory $47.900; total assets, $239,400; common stock. $81,000; and retained earnings, $53,875.) CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $452,600 Cost of goods sold 298,550 Gross profit 154,050 Operating expenses 98,900 Interest expense 4,200 Incone before taxes 50,950 Income tax expense 20,525 Net Income $ 30,425 Assets Cash Short-term investments Accounts receivable, net Merchandise inventory CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 14,000 Accounts payable 8,400 Accrued wages payable 33,200 Income taxes payable 40,150 Long-ters note payable, secured by mortgage on plant assets 2,550 Cmon stock 154,300 Retained earnings $ 252,600 Total Habilities and equity 16,500 3,000 9.400 64,400 Prepaid expenses Plant assets, net Total assets 31,000 30, 300 $ 252,600 Required: Compute the following: (1) current ratio. (2) acid-test ratio, (3) days' sales uncollected. (4) inventory turnover, (5) days' sales in invent (6) debt-to-equity ratio. (7) times interest earned, (8) profit margin ratio, (9) total asset turnover (10) return on total assets, and (11) re on common stockholders' equity. (Do not round intermediate calculations.) 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 Red 9 Req 10 Reg 11 Compute the debt-to-equity ratio (6) Choose Numerator Debt-to-Equity Ratio Choose Denominator 1 Debt-to-Equity Ratio Debt to oquity ratio 0 to 1 1 - 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 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 Reg 5 Req6 Reg 7 Req Reg 9 Reg 10 Reg 11 Compute the times interest earned Times interest Earned Choose Numerator Choose Denominator Times Interest Earned Times interest earned . mes

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