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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, 2016, were inventory, $54,900; total

Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2016, were inventory, $54,900; total assets, $249,400; common stock, $83,000; and retained earnings, $37,776.)

CABOT CORPORATION Income Statement For Year Ended December 31, 2017
Sales $ 455,600
Cost of goods sold 297,350
Gross profit 158,250
Operating expenses 99,100
Interest expense 4,100
Income before taxes 55,050
Income taxes 22,176
Net income $ 32,874

CABOT CORPORATION Balance Sheet December 31, 2017
Assets Liabilities and Equity
Cash $ 20,000 Accounts payable $ 17,500
Short-term investments 9,400 Accrued wages payable 4,800
Accounts receivable, net 32,000 Income taxes payable 4,700
Notes receivable (trade)* 4,500
Merchandise inventory 32,150 Long-term note payable, secured by mortgage on plant assets 71,400
Prepaid expenses 2,700 Common stock 83,000
Plant assets, net 151,300 Retained earnings 70,650
Total assets $ 252,050 Total liabilities and equity $ 252,050

* 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.)

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