Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit: selected balance sheet amounts at December 31, 2016, were inventory, $49,900; total assets, $249,400, common stock. $83,000; and retained earnings, $51,216.) CABOT CORPORATION Income Statement Yor Year Ended December 31, 2017 Salon 5.447,600 Cost of goods sold 296.850 Gross profit 150, 750 Operating expenses 98,600 Interest expense 4,200 Income before taxe 47,950 Income taxen 19,316 Net Income $ 28,634 Assets Cash Short-term investments Accounts receivable, net Notes receivable (trade) Merchandise inventory CADOT CORPORATION Dalance sheet December 31, 2017 Liabilities and Equity $18,000 Accounts payable 8,800 Accrued wages payable 29,200 Income taxes payable 7,500 36,150 Long-term note payable, secured by mortgage on plant assets 2,600 Common stock 148,100 Retained earnings $ 250,550 Total liabilities and equity $ 15,500 4,200 3,600 64.400 Prepaid expenses Want assets.net Total anset 83,000 79,850 $ 250, 550 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 in (6) debt-to-equity ratio. (7) times interesf earned, (8) profit margin ratio (9) total asset turnover (10) return on total assets, and (11 on common stockholders' equity. (Do not round intermediate calculations.) Compute the debt-to-equity ratio. (6) Debt-to-Equity Ratio Choose Denominator: Choose Numerator: 1 Debt-to-Equity Ratio Debt-to-equity ratio to 1 2017: 1 Compute the days' sales in inventory. (5) Choose Numeratori Days' Sales In Inventory Choose Denominator: Days X Days' Sales In Inventory Days' sales in inventory days 2017: Compute the times interest earned. (7) Times Interest Earned Choose Numerator: 1 Choose Denominator: Times Interest Earned 1 Times interest oamed 2017: 1 times Compute the profit margin ratio. (8) Choose Numerator: Profit Margin Ratio 1 Choose Denominator: 1 Profit margin ratio Profit margin ratio 2017: 1 11 % Compute the total asset turnover. (9) Choose Numerator: Total Asset Turnover 1 Choose Denominator: 1 1 Total Asset Turnover Total asset turnover times 2017: (10) Return on Total Assets Choose Denominator: Choose Numerator: Return on Total Assets Return on total assets % 2017: Compute the return on cominon Coloch Choose Numerator Return on Common Stockholders' Equity Choose Denominator Return On Common Stockholders' Equity Return on common stockholders' equity 2017: 4