Selected current yest end financial staents of Cabot Corp follow. (All sales were on credit;seleceted balance sheet amounts at December 31 of the prior yesr were inventory, $50,900;total assests,199,400;common stock; $87,000; and retained earnings, $45,537
PLEASE HELP, I AM LOST
CABOY CORPORATION Balance Sheet December 31 of current year CABOT COHPORATION Incose statenent For Current vear. Ended Decester 31 \begin{tabular}{lr} Sales & $449,600 \\ Cost of goods sold & 200,250 \\ \hline oross profit & 151,350 \\ Operating expenses & 98,600 \\ Interest expense & 4,500 \\ Incose befare taxes & 40,250 \\ Theoes tax expense & 10,437 \\ Net incoen & $28,013 \\ \hline \end{tabular} 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 enterino your answers in the tabs below. Compute the current ratio and acid-test ratio. (6) debt-to-equity ratio, (7) times interest earned, (8) profit margin ratio, (9) total asset turnover, (10) return on total assets, an on equity. (Do not round intermediate calculations.) Complete this questlon by entering your answers in the tabs below. Compute the days' sales uncollected. (6) debt-to-equity ratio, (7) times interest eamed, (8) profit margin ratio, (9) total asset turnover, (t0) return on total assets, and on equity, (Do not round intermediate calcutations.) Complete thle auestion by antering your answers in the tabs below. Compute the inventory turnover. Compute the 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 as on equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Compute the debt-to-equity ratio. (6) debt-to-equity ratio, (7) times interest earned, (8) profit margin ratio, (9) total asset turnover, (10) return on total assets, and (11) on equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Compute the times interest earned. (6) debt-to-equily ratio, (7) times interest eamed, (8) profit margin ratio, (9) total asset turnover, (10) return on on equity. (Do not round intermediate calculations.) Complete this questlon by antering your answars in the tabs below. Compute the proft margin ratio. (6) debt-to equity ratio, (7) times interest eamed, (8) profit margin ratio, (9) total asset tumovec, (10) retum on total assets, and on equity. (Do not round intermediate calculations.) Cemplete this auestien by antering your answers in the tabs below. Compute the total asset turnover. (6) debt-to-equity ratio, (7) times interest earned, (8) profit margin ratio, (9) total asset turnover, (10) return on total assets, and on equity. (Do not round intermediate calculations.) Complete this question by antering your answers in the tabs below. Compute the retum on total assets. 6) debt-to-equity ratio, (7) times interest earned, (8) profit margin ratio, (9) total asset turnover, (10) refurn on total assets, and (11) return on equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Compute the return on equity
