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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, $169,400; common stock, $87,000; and retained earnings, $35,579.)

CABOT CORPORATION Income Statement For Year Ended December 31, 2017
Sales $ 450,600
Cost of goods sold 298,150
Gross profit 152,450
Operating expenses 98,700
Interest expense 4,900
Income before taxes 48,850
Income taxes 19,679
Net income $ 29,171

CABOT CORPORATION Balance Sheet December 31, 2017
Assets Liabilities and Equity
Cash $ 8,000 Accounts payable $ 17,500
Short-term investments 9,200 Accrued wages payable 3,600
Accounts receivable, net 31,400 Income taxes payable 3,400
Notes receivable (trade)* 7,500
Merchandise inventory 32,150 Long-term note payable, secured by mortgage on plant assets 62,400
Prepaid expenses 3,100 Common stock 87,000
Plant assets, net 147,300 Retained earnings 64,750
Total assets $ 238,650 Total liabilities and equity $ 238,650

* 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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