Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2017, were inventory, $48,900; total assets, $199,400; common stock, $82,000; and retained earnings, $33,888.)

CABOT CORPORATION Income Statement For Year Ended December 31, 2018
Sales	$	450,600
Cost of goods sold		298,050
Gross profit		152,550
Operating expenses		99,300
Interest expense		4,500
Income before taxes		48,750
Income tax expense		19,638
Net income	$	29,112

CABOT CORPORATION Balance Sheet December 31, 2018

Assets

Liabilities and Equity

Cash

$

10,000

Accounts payable

$

17,500

Short-term investments

9,000

Accrued wages payable

4,600

Accounts receivable, net

34,000

Income taxes payable

4,500

Merchandise inventory

34,150

Long-term note payable, secured by mortgage on plant assets

66,400

Prepaid expenses

2,550

Common stock

82,000

Plant assets, net

148,300

Retained earnings

63,000

Total assets

$

238,000

Total liabilities and equity

$

238,000

Compute the days' sales uncollected.

(3)	Days' Sales Uncollected
	Choose Numerator:	/	Choose Denominator:	x	Days	=	Days Sales Uncollected
		/		x		=	Days sales uncollected
2018:		/		x		=	0	days

Compute the inventory turnover.

(4)	Inventory Turnover
	Choose Numerator:	/	Choose Denominator:	=	Inventory Turnover
		/		=	Inventory turnover
2018:		/		=	0	times

Compute the days' sales in inventory.

(5)	Days Sales in Inventory
	Choose Numerator:	/	Choose Denominator:	x	Days	=	Days Sales in Inventory
		/		x		=	Days sales in inventory
2018:		/		x		=	0	days