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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, $48,900; 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, 2016, were inventory, $48,900; total assets, $189.400; common stock. 590,000; and retained earnings, $22,748.) CABOT CORPORATION Income Statement For Year Ended December 31, 2017 Sales $448,600 Cost of goods sold 297, 250 Gross profit 151, 350 Operating expenses 98,600 4,100 Income before taxes Income taxes 19,598 Net income $ 29,052 Interest expense AR.650 CAROT CORPORATION Balance Sheet 17.500 3.200 3,300 Cash Short-term investments Accounts receivable, net Notes receivable (trade) Merchandise inventory December 31, 2017 December 31, 2017 Liabilities and Equity $10,000 Accounts payable 8. 400 Accrued wages payable 29, 200 Income taxes payable 4,500 32, 150 Long-term note payable, secured by mortgage on plant assets 2,650 Connon stock 153,300 Retained earnings $240,200 Total liabilities and equity 63,400 Prepaid expenses Plant assets, net Total assets 00.000 62,800 $ 240, 200 * These are short-term notes receivable arising from customer (trade) sales. Required: Compute the following: (u) 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.) Print Complete this question by entering your answers in the tabs below. references Req 1 and 2 manga and a hea Reg 3 Re4 mea meas Req5 Reg 6 neo Reg 7 as 7 . Req 8 Req 9 here to Reg 10 meet Reg 11 Compute the return on total assets. (10) Return on Total Assets Choose Denominator: Choose Numerator: Return on Total Assets Return on Total Assets 2017:

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