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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

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, $219,400; common stock, $90,000; and retained earnings, $17,453.) Assets Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales Cost of goods sold Gross profit $ 14,000 9,400 29,000 34,150 2,900 149, 300 $ 238,750 Operating expenses Interest expense Income before taxes Income tax expense Net income $ 454,600 297,650 156,950 98,800 4,400 53,750 21,653 $ 32,097 CABOT CORPORATION Balance Sheet December 31 of current year Liabilities and Equity Accounts payable Accrued wages payable Income taxes payable Long-term note payable, secured by mortgage on plant assets Common stock Retained earnings Total liabilities and equity $ 19,500 4,000 4,300 71,400 90,000 49,550 $ 238,750 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.)
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Selected current year-end firfancial 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, $219,400; common stock, $90,000; and retained eamings, $17.453. Required: Compute the following' (1) current ratio, (2) acid-test ratio. (3) days' sales uncollected, (4) inventory turnover, (5) days' sales in itventory, (6) debt-to-equity ratio, (7) times interest eamed, (8) profit margin ratio, (9) total asset turnover, (10) return on total assets, and (11) return on equity. (Do not round intermediate calculations.)

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