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, $48,900; total assets, $189,400; common stock, $90,000; and retained earnings, $33,748.)

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 equity. (Do not round intermediate calculations.)

Assets Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets CABOT CORPORATION Balance Sheet December 31 of current year Liabilities and Equity $ 10,eee Accounts payable 8,480 Accrued wages payable 33,700 Income taxes payable 32,158 Long-term note payable, secured by mortgage on plant assets 2,658 Common stock 153,388 Retained earnings $ 240, 280 Total liabilities and equity $ 17,500 3,200 3,3ee 63,400 90, see 62,8ee $ 240, 200 CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 448,600 Cost of goods sold 297, 250 Gross profit 151, 350 Operating expenses 98,6ee Interest expense 4,100 Income before taxes 48,650 Income tax expense 19,598 Net income $ 29,052 Reg 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg 7 Reg 8 Req 9 Reg 10 Reg 11 Compute the current ratio and acid-test ratio. (1) Current Ratio Denominator: Numerator: 1 Current Ratio 1 Current Ratio 1 to 1 (2) Acid-Test Ratio Numerator: 1 Denominator: Acid-Test Ratio = Acid-Test Ratio / to 1 (Reg 1 and 2 Req3 > Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Req7 Reg 8 Reg 9 Reg 10 Req 11 Compute the days' sales uncollected. (3) Days' Sales Uncollected 1 Denominator: Numerator: Days Days Sales Uncollected ! X = Days Sales Uncollected days 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 Req 9 Reg 10 Reg 11 Compute the inventory turnover. Inventory Turnover Numerator: 1 Denominator: Inventory Turnover Inventory Turnover 1 = 1 times 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 Reg 9 Reg 10 Reg 11 Compute the days' sales in inventory. (5) Days' Sales in Inventory Denominator: Numerator: 1 Days 1 Days' Sales in Inventory Days' Sales in Inventory days 1 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 Reg 9 Reg 10 Reg 11 Compute the debt-to-equity ratio. (6) Debt-to-Equity Ratio Denominator: Numerator: 1 Debt-to-Equity Ratio Debt-to-Equity Ratio 1 = 1 = to 1 Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Reg 4 Reg 5 Reg 6 Reg 7 Reg 8 Reg 9 Reg 10 Reg 11 Compute the profit margin ratio. (8) Profit Margin Ratio Denominator: Numerator: / = Profit margin ratio Profit margin ratio % / II Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Req5 Reg 6 Req 7 Reg 8 Reg 9 Reg 10 Reg 11 Compute the total asset turnover. (9) Total Asset Turnover Numerator: 1 Denominator: Total Asset Turnover Total Asset Turnover 1 = times Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Req 7 Req8 Reg 9 Reg 10 Reg 11 Compute the return on total assets. (10) Return on Total Assets Denominator: Numerator: 1 = Return on Total Assets Return on Total Assets 1 1 96 Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Reg 4 Reg 5 Reg 6 Reg 7 Req 8 Reg 9 Reg 10 Reg 11 Compute the return on equity. (11) Return on Equity Denominator Numerator: Return On Equity Return On Equity 1 = 1 %6