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 yearwere inventory, $51900, total assets. $229,400, common stock, 582,000, and retained earnings $52.094) CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $452,600 Cost of goods sold 297 550 Gross profit 155,050 Operating expenses 99,500 Interest expense 4,500 Income before taxes 50,750 Income tax expense 20.444 Net Income 5 30,306 Assets Cash Short-term investments Accounts receivable. net Merchandise inventory CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 20,000 Accounts payable 9,200 Accrued wages payable 34,000 Income taxes payable 40,15e Long-tern note payable, secured by mortgage on plant assets 2,65e Common stock 149.300Retained earnings $ 255,300 Total liabilities and equity $17.500 3,800 4,200 65.400 Prepaid expenses Plant assets, het Total assets 82,000 82.400 $ 255,300 Required: Compute the following (1) current ratio, (2) acid-test ratio. (3) days' sales uncollected, (4inventory 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 Req Reg 4 Reg 5 Rego Reg 7 Reg 8 Reg 9 Reg 11 Reg 10 Compute the current ratio and acid-test ratio. Choose Numerator Current Ratio 1 Choose Denominator 1 Current Ratio Current ratio 101 1 (12) Acid Test Ratio Choose Denominator Choose Numerator: - Acid Test Ratio Add Test Ratio 101 Res Complete this question by entering your answers in the tabs below. 48 Reg 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg 7 Reg 8 Reg 9 Reg 10 RE Compute the days' sales uncollected. (3) Days! Sales Uncollected Choose Denominator: Days Choose Numerator: Days Sales Uncollected Days sales uncollected X days Req 1 and 2 Req 4 > Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Red 5 Reg 6 Reg 7 Reg 8 Req 9 Reg 10 Compute the inventory turnover (4) Inventory Turnover Choose Denominator: Choose Numerator: Inventory Turnover Inventory turnover times Complete this question by entering your answers in the tabs below. C Req 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg 7 Req 8 Reg 9 Reg. 10 Reg 11 Compute the days' sales in inventory (5) Choose Numerator Days' Sales in Inventory Choose Denominator: Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Reqs Reg 6 Req7 Reg 8 Reg 9 Reg 10 Compute the profit margin ratio. (8) Choose Numerator: Profit Margin Ratio Choose Denominator: 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 Req 5 Reg 6 Reqz Reg 8 Reg 9 Compute the total asset turnover. (9) Total Asset Turnover 1 Choose Denominator: Choose Numerator: Il 11 Total Asset Turnover Total asset turnover times 11 Req8 Req 10 > Complete this question by entering your answers in the tabs below. Reg 1 and 2 Req3 Reg 4 Reg 5 Reg 6 Req 7 Reg 8 Reg 9 Reg 10 Compute the return on total assets. (10) Choose Numerator: Return on Total Assets Choose Denominator: Return on Total Assets Return on total assets 1 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 Rego Reg 10 Reg 11 Compute the return on common stockholders' equity, Choose Numerator: Return on Common Stockholders' Equity Choose Denominator 1 - Return On Common Stockholders' Equity Return on common stockholders equity