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Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2015, were inventory, $55,900; total

Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2015, were inventory, $55,900; total assets, $249,400; common stock, $85,000; and retained earnings, $48,092.)

CABOT CORPORATION Income Statement For Year Ended December 31, 2016
Sales $ 453,600
Cost of goods sold 297,550
Gross profit 156,050
Operating expenses 98,800
Interest expense 3,900
Income before taxes 53,350
Income taxes 21,492
Net income $ 31,858

CABOT CORPORATION Balance Sheet December 31, 2016
Assets Liabilities and Equity
Cash $ 18,000 Accounts payable $ 19,500
Short-term investments 9,400 Accrued wages payable 3,800
Accounts receivable, net 33,600 Income taxes payable 3,300
Notes receivable (trade)* 6,000 Long-term note payable, secured
Merchandise inventory 36,150 by mortgage on plant assets 66,400
Prepaid expenses 2,500 Common stock 85,000
Plant assets, net 152,300 Retained earnings 79,950
Total assets $ 257,950 Total liabilities and equity $ 257,950

* These are short-term notes receivable arising from customer (trade) sales.

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.)

* These are short-term notes receivable arising from customer (trade) sales.

Acid-Test Ratio

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Acid-Test Ratio

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Acid-Test Ratio

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to 1

Times Interest Earned

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Times Interest Earned

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Times Interest Earned

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times

Total Asset Turnover

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Total Asset Turnover

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times

Return on Common Stockholders' Equity

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Return On Common Stockholders' Equity

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Net income

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Average common stockholders' equity

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Return On Common Stockholders' Equity

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