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, $189,400; common stock, $85,000; and retained earnings. $51,555.) CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 449,600 Cost of goods sold 297,850 Gross profit 151, 750 Operating expenses 99,480 Interest expense 4.800 Income before taxes 47,550 Income tax expense 19, 155 Net Income $ 28,395 Assets Cash Short-term investnents Accounts receivable, net Merchandise inventory Prepaid expenses plant assets, net Total assets CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 14,000 Accounts payable 9,200 Accrued wages payable 34,200 Income taxes payable 42,150 Long-term nate payable, secured by mortgage on plant assets 2,700 Common stock 153,300 Retained earnings 3 255,550 Total liabilities and equity $ 15,500 3,800 3,900 67,400 85,000 79,950 $ 255,550 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.) Required: Compute the following: (1) current ratio, (2) acid-test ratio. (3) days' soles 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. Reg 1 and 2 Reg 3 Reg 4 Reqs Reg 6 Reg 7 Req8 Rego Reg 10 Reg 11 Compute the current ratio and acid-test ratio. es Choose Numerator: Current Ratio Choose Denominator: 1 Current Ratio Current ratio to 1 (2) Choose Numerator Acid-Test Ratio Choose Denominator Acid-Test Ratla Acid-Test Ratio to 1 1 Rega > 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 asse and (11) return on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg 7 Reg 8 Reg 9 Reg 10 Compute the days' sales uncollected. Reg 11 (3) Choose Numerator: Days Salos Uncollected 1 Choose Denominator x Days 1 Days Sales Uncollected Days sales uncollected X 4 X days 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. ses Reg 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg 2 Req8 Reg 9 Reg 10 Compute the inventory turnover. Reg 11 (4) Choose Numerator: Inventory Turnover Choose Denominator: 1 Inventory Turnover Inventory turnover times $ 255,550 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. Reg 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Req Req8 Reg 9 Compute the days sales in inventory Reg 10 Reg 11 (5) Choose Numerator Days Sales In Inventory Choose Denominator: Days Days' Sales in Inventory Days' sales in inventory days 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. Reg 1 and 2 Req Reg 4 Reg 5 Reg 6 Reg 2 Reg B Reg 9 Reg 10 Reg 11 Compute the debt-to-equity ratio. 16 Choose Numerator Debt-to-Equity Ratio Choose Denominator 1 Debt-to-Equity Ratio Debt-to-equity ratio to 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. Reg 1 and 2 Rea3 Reg 4 Reg 5 Reg 6 Reg 2 Reg Reg 9 Reg 10 Reg 11 Compute the times interest earned IT) Choose Numeratori Times Interest Eamed 1 Choose Denominator: Times Interest Earned Times interest earned times 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. Reg 1 and 2 Reg Reg 4 Reg 5 Reg 6 Reg 7 Reg 8 Reg 9 Reg 10 Reg 11 Compute the profit margin ratio. () Choose Numerator Profit Margin Ratio Choose Denominator 1 1 - Profit margin ratio Profit margin ratio 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. Req5 Req 1 and 2 Reg 3 Reg 4 Compute the total asset turnover. Reg 6 Reg 7 Reg 8 Reg 9 Req 10 Reg 11 (9) Choose Numerator Total Asset Turnover Choose Denominator: 1 Total Asset Turnover - Total asset tumover times 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. Reg 1 and 2 Reg 3 Reg 4 Reg 5 Req6 Reg 7 Reg 8 Reg 9 Reg 10 Reg 11 Compute the return on total assets. (10) Choose Numerator Return on Total Assets Choose Denominator: Return on Total Assets Return on total assets 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. Reg 1 and 2 Reg Req Reg 5 Rego Reg Rego Req9 Reg 10 Reg 11 Compute the return on common stockholders' equity (11) Choose Numerator Return on Common Stockholders' Equity Chaose Denominator - Return On Common Stockholders' Equity - Ratum on common stockholders' equity