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, $52,900; total assets, $249.400; common stock. $88,000; and retained earnings. $28,727) 10 Assets Cash Short-term investimenta Accounts receivable, et Merchandise Laventory Prepaid expenses Plant annet.net total de CADOT CORPORATION Balance sheet December 31 of current year Liabilities and Equity $ 8.000 Accounts payable 3,000 hored wagen payable 33.800 Income taxes payable 36,150 Long-term note payable, secured by nortgage on plant annet 2.750 Common stock 150.300 Retained earning $ 239,800 Total liabilities and equity $ 15,500 3,200 4,100 71,400 38,000 57.600 $ 239,800 CABOT CORPORATION Income statement Tor Cerent Tear inded December 31 Sate $449.600 Cout of goods sold 290, 250 Cross profit 151,350 Operating expenses 99,000 Interest expense 4,000 Income before taxes 48,350 Income tax expense 19,477 Net Income 620,873 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. (B) profit margin ratio (9) total asset turnover (10) return on total assets, and (11) return on 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 equity. (Do not round Intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Req3 Reg 5 Reg 9 Reg 11 Req4 Reg 6 Reg 2 Reg 10 Reg 8 * Compute the current ratio and acid-test ratio. (1) Current Ratio Denominator 006 Numerator: Current Ratio Current ratio 1 1 to 1 (2) Acid-Test Ratio Denominator: Numerator: Acid-Test Ratio Acid-Test Ratio to 1 Ruanda Req3 > Complete this question by entering your answers in the tabs below. Book Reg 8 Reg 9 Reg 10 Reg 11 rences Reg 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Req7 Compute the days' sales uncollected (3) Days Sales Uncollected Numerator Denominator Days Days Sales Uncollected Days solo uncollected duyt Complete this question by entering your answers in the tabs below. ences Reg 1 and 2 Reg 3 Reg 4 Reg 5 Req 6 Reg 7 Reg 8 Reg 9 Reg 10 Reg 11 Compute the inventory turnover. Inventory. Turnover Denominator Numerator: Inventory Turnover Inventory turnover times Complete this question by entering your answers in the tabs below. Req4 Req 1 and 2 Reg 3 Rudas Reg 6 Reg 7 Reg 8 Reg 9 Reg 10 Reg 11 Compute the days' sales in inventory. (5) Days Sales in Inventory Denominator: X Numerator: Days 1 1 Days' Sales In Inventory Days'sales in inventory days 1 on equity. (Do not found in Complete this question by entering your answers in the tabs below. ances Reg 1 and 2 Reg 3 Reg 4 Reg 5 Rep 6 Req? Reg 8 Reg 9 Reg 10 Reg 11 Compute the debt-to-equity ratio. (6) Debt-to-Equity Ratio Denominator Numerator 1 1 Debt-to-Equity Ratio Debt-to-equity ratio to 1 1 ol Complete this question by entering your answers in the tabs below. no Req 1 and 2 Reg 3 Reg 4 Reqs Reg 6 Reg Reg Reg 9 Reg 10 Reg 11 Compute the times interest earned Times Interest Eamed Numerator Denominator Times Interest Earned Times interest earned 4 times Complete this question by entering your answers in the tabs below. os Req 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Req 7 Reits Reg 9 Reg 10 Reg 11 Compute the profit margin ratio. (B) Numerator Profit Margin Ratio Denominator: Profit margin ratio Profit margin ratio 1 Complete this question by entering your answers in the tabs below. Req3 Red 1 and 2 Reg 4 Reg 11 Reg 10 Reqs Reg 8 Reg 6 Reg? Read Compute the total asset turnover. 10) Total Asset Turnover Denominator: Numeratori Total Asset Turnover Total asset turnover times 1 Book Complete this question by entering your answers in the tabs below. rences Req 1 and 2 Req3 Reg 4 Reg 5 Reg 6 Req7 Req8 Reg 9 Reglio Reg 11 Compute the return on total assets. (10) Return on Total Assets Denominator: Numerator Return on Total Assets Return on total assets 1 1 - Reg 1 and 2 Reg 3 Reg 4 Regs Reg 6 Reg Reg Reg 9 Reg 10 Reg 11 Compute the return on equity. (10) Return on Fauity Denominator Numerator Return On Common Stockholders' Equity Return on common stockholders' equity