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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, $47,900; total

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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, $47,900; total assets, $169,400; common stock, $87,000; and retained earnings, $38,537.) CABOT CORPORATION Income Statement For Year Ended December 31, 2016 Sales $ 452,600 Cost of goods sold 297,650 Gross profit 154,950 Operating expenses 98,900 Interest expense 4,200 Income before taxes 51,850 Income taxes 20,887 Net income $ 30,963 CABOT CORPORATION Balance Sheet December 31, 2016 Assets Cash Short-term investments Accounts receivable, net Notes receivable (trade)* Merchandise inventory Prepaid expenses Plant assets, net Total assets $ 17,500 4,200 4,300 Liabilities and Equity $ 10,000 Accounts payable 8,600 Accrued wages payable 33,600 Income taxes payable 5,500 Long-term note payable, secured 32,150 by mortgage on plant assets 2,750 Common stock 153,300 Retained earnings $ 245,900 Total liabilities and equity 63,400 87,000 69,500 $ 245,900 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.) Debt to Equity Ratio Choose Denominator Choose Numero Debt-to-Equity Radio Debt to equily rato 2016: Times interest and + Choose Denominato Choose Numerator - Times Interested Timestersteemed 2016 150 Choose Numerator Choose Denominator - Profit margin natin Pot margin ratio 2016 Choose Numero Tosse Choose Denominator: - Total Asset Tumowe 2016 (10) Choose to Choose Demonitor - Rotomon Total Assets Choose Nummer Close Denominator - Raum Os Common Stochas' Equity

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