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, $259,40 0; common stock, $83,000; and retained earnings, $46,844.) CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $449,600 298,450 Cost of goods sold Gross profit Operating expenses 151,150 99,200 4,800 Interest expense Income before taxes 47,150 18,994 Income tax expense 28,156 Net income CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity Assets $ 8,800 34,000 34,150 Long-term note payable, secured by 16,000 Accounts payable $ Cash 17,500 Accrued wages payable Income taxes payable Short-term investments 3,000 Accounts receivable, net Merchandise inventory 4,500 66,400 mortgage on plant assets Prepaid expenses Plant assets, net 83,000 75,000 3,150 153,300 Retained earnings Common stock $ 249,400Total liabilities and equity $249,400 Total assets 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 Req 3 Req 4 Req 5 Req 6 Req 7 Req 8 Req 9 Req 10 Req 11 Compute the times interest earned Times Interest Earned (7 Choose Numerator: Choose Denominator: Times Interest Earned Times interest earned / times Req 6 Req 8 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 Req 3 Req 4 Req 5 Req 6 Req 7 Req 8 Req 9 Req 10 Req 11 Compute the profit margin ratio. Profit Margin Ratio (8) Choose Numerator: Choose Denominator: Profit margin ratio Profit margin ratio / Req 7 Req 9> Required: Compute the following: () 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 5 Req 4 Req 8 Req 1 and 2 Req 3 Req 6 Req 7 Req 9 Req 10 Req 11 Compute the total asset turnover. Total Asset Turnover (9) Choose Denominator: Choose Numerator: / Total Asset Turnover Total asset turnover / times Req 10 Req 8 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 Req 3 Req 4 Req 5 Req 6 Req 7 Req 8 Req 9 Req 10 Req 11 Compute the return on total assets. Return on Total Assets (10) Choose Numerator: Choose Denominator: Return on Total Assets Return on total assets Req 9 Req 11 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 3 Req 1 and 2 Req 4 Req 5 Req 6 Req 7 Req 8 Req 9 Req 10 Req 11 Compute the return on common stockholders' equity. Return on Common Stockholders' Equity (11) Return On Common Stockholders Equity Return on common stockholders' equity Choose Denom inator Choose Numerator: Req 10 Req 11