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, $55,900, total assets, $229,400, common stock, $88,000, and retained earnings. $35,279.) CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 454,600 Cost of goods sold 295,450 Gross profit 156.150 Operating expenses 99,200 Interest expense 4.500 Income before taxes 52,450 Income tax expense 21.129 Net Income $ 31,321 5 16,500 3.200 3,200 65,400 Assets Cash Short-ters Investments Accounts receivable, net Merchandise Inventory Prepaid expenses Plant assets, het Total assets CADOT CORPORATION Balance Sheet December 31 Liabilities and Equity 5 18,000 Accounts payable 3,80 Accrued sages payable 32.000 Income taxes payable 32,150 Long term note payable, secured by mortgage on plant assets 2,650 Con stock 352-300 Betained earnings 5 345,900 Total liabilities and equity 30,000 66000 5245,900 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 Reg4 Reg 5 Reg 6 Req Reg Req9 Reg 10 Reg 11 Compute the current ratio and acid-test ratio. (1) Current Ratio Choose Denominator Choose Numerator: Cost of goods sold 1 1 - Current Ratio Current ratio (2) Acid Test Ratio Choose Denominator: Choose Numerator Acid-Test Ratio Acid-Test Ratio to 1 Reg 3 > 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 (1) return on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 4 Reg 7 Reg 5 Reg 6 Req8 Red 11 Req 1 and 2 Rego Reg 10 Rau 3 Compute the days' sales uncollected. (3) Choose Numerator: 1 Days Sales Uncollected Choose Denominator: Days x Days Sales Uncollected = Days sales uncollected O days x 1 Reg 4 > 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 (1) 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 4 Reg 3 Reg 6 Reg 7 Reg9 Req8 Rog 10 Red 11 Regs . Compute the days' sales in Inventory. (5) Days! Sales In Inventory 1 Choose Denominator: Days Choose Numerator: x Days' Sales In Inventory Days: sales in inventory 0 days x Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) inventory tumovet, (5) days' sates 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 3 Reg 1 and 2 Reg 4 Reg 5 Rego Reg Rea Reg 9 Reg 10 Reg 11 Compute the debt-to-equity ratio. (6) Debito-Exulty Ratio 1 Choose Denominator: Choose Numerator - Debt-to-Equity Ratio Debt-to-equity ratio 0 to 1 Reg 7 > & Reg? Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg Req8 Reg 9 Reg 10 Reg 11 Compute the total asset tumover. 19) Total Asset Turnover Choose Denominator: Choose Numerator Total Asset Tumover Total asset turnover O times Req8 Reg 10 > Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 plo 10 Reg 4 Reg 5 Reg 6 Reg 7 Reg 8 Reg 9 Req 11 Compute the return on total assets. (10) Return on Total Assets Choose Denominator: 1 Choose Numerator: Return on Total Assets Return on total assets 0% Reg 1 and 2 Reg 3 Reg4 Reg 5 Reg. Reg? Regs Rego Reg 10 11 Compute the return on common stockholders' equity, Petun.Common Stockholders Eguilly Choose Denominator Choose Numerator: Return On Common Stockholders' Equity Return on common stockholders