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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, $50,900; total assets, $259,400; common stock, $86,000; and retained earnings, $42,252.)

CABOT CORPORATION Income Statement For Current Year Ended December 31
Sales $ 448,600
Cost of goods sold 298,350
Gross profit 150,250
Operating expenses 99,600
Interest expense 4,100
Income before taxes 46,550
Income tax expense 18,752
Net income $ 27,798

CABOT CORPORATION Balance Sheet December 31
Assets Liabilities and Equity
Cash $ 20,000 Accounts payable $ 16,500
Short-term investments 8,600 Accrued wages payable 4,800
Accounts receivable, net 33,200 Income taxes payable 4,400
Merchandise inventory 36,150 Long-term note payable, secured by mortgage on plant assets 71,400
Prepaid expenses 2,900 Common stock 86,000
Plant assets, net 152,300 Retained earnings 70,050
Total assets $ 253,150 Total liabilities and equity $ 253,150

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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Saved (6) debt-to-equity ratio, (l) times interest earned, (8) profit margin ratio, (9) total asset turnover, (10) 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 Req 4 Req 5 Req 6 Req 7 Req 8 Req 9 Compute the current ratio and acid-test ratio. Current Ratio Choose Denominator: Choose Numerator: Current Ratio Current ratio 0 to 1 Acid-Test Ratio Choose Denominator: Choose Numerator: 11 Acid-Test Ratio Acid-Test Ratio 0 to 1 1 = JUVCU Plant assets, net Total assets 152,300 Retained earnings $ 253,150 Total liabilities and equity 70,950 $ 253,150 equired: ompute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) inventory turno debt-to-equity ratio, (7) times interest earned, (8) profit margin ratio, (9) total asset turnover, (10) returi common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Req 4 Reg 5 Req 6 Req 7 Req 8 Req9 Req 10 Compute the inventory turnover. (4) Inventory Turnover 1 Choose Denominator: Choose Numerator: L I T = Inventory Turnover Inventory turnover times - Ti TW LE Total assets 253,150 Total liabilities and equity 253, 159 equired: ompute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) inventory turnover, (5) days' sales debt-to-equity ratio, (7) times interest earned, (8) profit margin ratio, (9) total asset turnover, (10) return on total assets, common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg4 Req 5 Req6 Req 8 Req 9 Req 101 Reg 11 Red Compute the times interest earned. (7) Times Interest Earned ed Choose Numerator: Times Interest Earned + I I Choose Denominator: L - Times interest earned 0 times Reg9 > Melilla 111 = = = = Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) inventory tu (6) debt-to-equity ratio, (7) times interest earned, (8) profit margin ratio, (9) total asset turnover, (10) re on common stockholders' equity. (Do not round intermediate calculations.) som Complete this question by entering your answers in the tabs below. s pers Req.5 Req 5 Req 6 Rego Req 7 | Req 8 Req 1 and 2 Req 3 Reg 4 Req 4 4 Compute the return on total assets. Req9 Rei 110) Return on Total Assets Choose Denominator: Choose Numerato Choose Numerator: choose Denominado Return on Total Assets Return on total assets Return on total assets 12 of 12 ! otal assets 253,150 Total liabilities and equity $ 253,150 quired: mpute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) inventory turnover, (5) days' sales in inventory, debt-to-equity ratio. (7) times interest earned, (8) profit margin ratio. (9) total asset turnover, (10) return on total assets, and (11) return common stockholders' equity. (Do not round intermediate calculations.) 11 Complete this question by entering your answers in the tabs below. 1 and 2 Reg ya 9 Req 5 Reg 7 Req 9 Req 10 A Bad SEE ..... Solo mpute the return on common stockholders' equity. 16 17 - tator - Return on Common Stockholders' Equity Choose Denominator keturn on common Stor Choose Numerator: - - Return On Common Stockholders' Equity on common stockholders' equity + FEER 11 / Reg 10 LO ELTS so Oo . NE AD

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