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 retaine $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 99,000 Interest expense 4,400 Income before taxes 55,850 Income tax expense 22,176 Net income $ 32,874 Assets Cash Short-term investments Accounts receivable, net Merchandise inventory CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 16,000 Accounts payable 9,200 Accrued wages payable 38,600 Income taxes payable 34,150 Long-tern note payable, secured by mortgage on plant assets 2,500 Common stock 148, 380 Retained earnings $ 240,750 Total abilities and equity 17,500 3,200 3,100 63,400 Prepaid expenses Plant assets, net Total assets 83,096 70.550 $ 240,750 Required: Compute the following: (1) current ratio. (2) acid-test ratio. (3) days' sales uncollected, (4) inventory turn (6) debt-to-equity ratio (7) times interest earned. (8) profit margin ratio. (9) total asset turnover, (10) retu 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 Reg 6 Req 7 Reg 8 Req9 Reg Compute the inventory turnover. Choose Numerator: Inventory Turnover 1 Choose Denominator: 1 1 11 Inventory Turnover Inventory turnover 0 times 11 Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) inventory turnover (6) debt-to-equity ratio. (7) times interest earned, (8) profit margin ratio (9) total asset turnover, (10) return on 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 Req 5 Req 6 Req 7 Req 8 Reg 9 Req 10 Compute the days' sales in inventory. (5) Choose Numerator: Days' Sales in Inventory 1 Choose Denominator: Days X Il Days' Sales in Inventory Days' sales in inventory o days