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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

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, $56,900; total assets, $239,400; common stock, $85,000; and retained earnings, $29,165.)

CABOT CORPORATION Balance Sheet December 31
Assets Liabilities and Equity
Cash $ 10,000 Accounts payable $ 18,500
Short-term investments 8,400 Accrued wages payable 3,200
Accounts receivable, net 32,800 Income taxes payable 4,500
Merchandise inventory 30,150 Long-term note payable, secured by mortgage on plant assets 65,400
Prepaid expenses 2,750 Common stock 85,000
Plant assets, net 154,300 Retained earnings 61,800
Total assets $ 238,400 Total liabilities and equity $ 238,400

CABOT CORPORATION Income Statement For Current Year Ended December 31
Sales $ 455,600
Cost of goods sold 297,750
Gross profit 157,850
Operating expenses 98,500
Interest expense 4,700
Income before taxes 54,650
Income tax expense 22,015
Net income $ 32,635

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.)

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