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, $54.900; total assets, $179,400, common stock, $88.000: and retained earnings, $21.462) CABOT CORPORATION Income Statement Tor Current Year Ended December 31 Sales $ 450, 600 Cost of goods sold 292,250 Grous profit 153,350 Operating expenses 99,300 Interest expense 4.000 Income before taxes 50.050 Income tax expense 20.162 Net Income $ 29,888 Assets Cash Short-term investimenta Accounts receivable, net Merchandise Inventory CABOT CORPORATION Balance Sheet Deceler : Liabilities and Equity $ 14,000 Accounts payable 6,400 served wages payable 30,00 Income taxes payable 30,150 long-term note payable, secured by mortgage on plant asset 2.600 Comon stock 140,300 Retained earnings $ 234,250 Total liabilities and equity $ 18.500 3,800 3.200 69,400 30,000 31,350 $ 234,250 Prepaid expenses Plant assets, net Total assets Required: Compute the following: (1) current ratio, (2) acid-test ratio. (3) days' sales uncollected. (4) Inventory turnovec. (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' 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 Req 5 Reg 6 Req 7 Reg 8 Reg 9 Req 10 Reg 11 Compute the current ratio and acid-test ratio. (1) Choose Numerator: Current Ratio 1 Choose Denominator: 1 Current Ratio Current ratio 1 to 1 (2) Acid-Test Ratio Choose Denominator: Choose Numerator: 1 1 - Acid-Test Ratio - Acid-Test Ratio 101 1 Reg 1 and 2 Req3 > 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 5 Reg 6 Req 7 Reg 8 Reg 9 Reg 10 Reg 11 Reg 1 and 2 Reg 3 Reg 4 Compute the days' sales uncollected. (3) Days Sales Uncollected 1 Choose Denominator: x Days Choose Numerator: 1 - Days Sales Uncollected - Days sales uncollected days 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 5 Reg 6 Req 7 Req 8 Reg 9 Reg 10 Reg 11 Reg 1 and 2 Reg 3 Reda Compute the inventory turnover. Inventory Turnover Choose Denominator: Choose Numerator: 1 1 Inventory Turnover Inventory turnover 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 Req 3 Reg 4 Req Reg 6 Req 7 Req 8 Reg 9 Reg 10 Req 11 Compute the days' sales in inventory. (5) Days Sales In Inventory Choose Denominator: Choose Numerator: 1 1 Days X - Days' Sales In Inventory - Days' sales in inventory days 1 x Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Req 5 Rg 6 Reg 7 Req8 Reg 9 Reg 10 R Compute the debt-to-equity ratio. (6) Debt-to-Equity Ratio Choose Denominator: Choose Numerator: 1 1 Debt-to-Equity Ratio Debt-to-equity ratio to 1 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. Req 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Req 7 Req8 Reg 9 Reg 10 Reg 11 Compute the times interest earned. (7) Times Interest Earned Choose Numerator: 1 Choose Denominator: Times Interest Earned Times interest comed 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. Req 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg 7 Reg 8 Reg 9 Req 10 Req 11 Compute the profit margin ratio. (B) Choose Numerator: Profit Margin Ratio Choose Denominator: 1 Profit margin ratio Profit margin ratio 1 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 Req3 Reg 4 Reqs Req 6 Req 7 Req8 Reg 9 Reg 10 Reg 11 Compute the total asset turnover. (9) Total Asset Turnover Choose Denominator: Choose Numerator: 1 1 Total Asset Turnover Total asset turnover times 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 5 Reg 6 Req 7 Req 8 Reg 9 Req 10 Reg 11 Req 1 and 2 Reg 3 Reg 4 Compute the return on total assets. (10) Return on Total Assets Choose Denominator: Choose Numerator: 1 Return on Total Assets Return on total assets 1 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 3 Reg 4 Regs Reg 6 Req7 Reg 8 Reg 9 Reg 10 kea 11 Compute the return on common stockholders' equity. (11) Return on Common Stockholders' Equity Choose Denominator Choose Numerator: - Return On Common Stockholders' Equity - Return on common stockholders' equity 1