Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, of the prior year were inventory, $53,900; total assets, $189,400; common stock, $85,000; and retained earnings, $41,345). Required compute the following:(1) current ratio,2(acid test ratio),3) days sales uncollected 4) inventory turnover (5) day's 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(11) return on equity.( Do not round intermediate calculations) Income Statement For Year Ended December 31, Sales. $447,600 Cost of goods sold 297,550 Gross profit. 150,050 Operating expenses. 98,600 Interest expense. 3,800 Income before taxes. 47,650 Income taxes. 19,195 Net income $ 28,455 Assets Cash. 14,000$ Short term investments 8,800 Accounts receivable,net. 32,400 Merchandise Inventory. 40,150 Prepaid Expenses. 2850 Plant Assets, net. 153,300 Total Assets. $251,500 Liabilities and Equities. Accounts Payable. $18,500 Accrued Wages Payable 5,000 Income Taxes Payable. 3800 Long Term Nite Payable Secured by mortgage on plant Assets 69,400 Common stock. 85,000 Retained Earnings 69,800 Total liabilities and equity $251,000