Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2016, were inventory, $53,900; total assets, $239,400; common stock, $81,000; and retained earnings, $54,544.)

CABOT CORPORATION Income Statement For Year Ended December 31, 2017
Sales	$	451,600
Cost of goods sold		297,550
Gross profit		154,050
Operating expenses		99,000
Interest expense		4,300
Income before taxes		50,750
Income taxes		20,444
Net income	$	30,306

CABOT CORPORATION Balance Sheet December 31, 2017
Assets				Liabilities and Equity
Cash	$	10,000		Accounts payable	$	15,500
Short-term investments		9,000		Accrued wages payable		3,000
Accounts receivable, net		33,600		Income taxes payable		3,300
Notes receivable (trade)*		5,500
Merchandise inventory		38,150		Long-term note payable, secured by mortgage on plant assets		65,400
Prepaid expenses		2,500		Common stock		81,000
Plant assets, net		154,300		Retained earnings		84,850
Total assets	$	253,050		Total liabilities and equity	$	253,050

* 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.)

Compute the current ratio and acid-test ratio.

(1)	Current Ratio
	Choose Numerator:	/	Choose Denominator:	=	Current Ratio
		/		=	Current ratio
2017:		/		=		to 1
(2)	Acid-Test Ratio
	Choose Numerator:	/	Choose Denominator:	=	Acid-Test Ratio
		/		=	Acid-Test Ratio
2017:		/		=		to 1

(3)	Days' Sales Uncollected
	Choose Numerator:	/	Choose Denominator:	x	Days	=	Days Sales Uncollected
		/		x		=	Days sales uncollected
2017:		/		x		=		days

(4)	Inventory Turnover
	Choose Numerator:	/	Choose Denominator:	=	Inventory Turnover
		/		=	Inventory turnover
2017:		/		=		times

(5)	Days Sales in Inventory
	Choose Numerator:	/	Choose Denominator:	x	Days	=	Days Sales in Inventory
		/		x		=	Days sales in inventory
2017:		/		x		=		days

(6)	Debt-to-Equity Ratio
	Choose Numerator:	/	Choose Denominator:	=	Debt-to-Equity Ratio
		/		=	Debt-to-equity ratio
2017:		/		=		to 1

(7)	Times Interest Earned
	Choose Numerator:			/	Choose Denominator:	=	Times Interest Earned
		+		/		=	Times interest earned
2017:		+		/		=		times

(8)	Profit Margin Ratio
	Choose Numerator:	/	Choose Denominator:	=	Profit margin ratio
		/		=	Profit margin ratio
2017:		/		=		%

(9)	Total Asset Turnover
	Choose Numerator:	/	Choose Denominator:	=	Total Asset Turnover
		/		=	Total asset turnover
2017:		/		=		times

(10)	Return on Total Assets
	Choose Numerator:	/	Choose Denominator:	=	Return on Total Assets
		/		=	Return on total assets
2017:		/		=		%

(11)	Return on Common Stockholders' Equity
	Choose Numerator:			/	Choose Denominator	=	Return On Common Stockholders' Equity
		-		/		=	Return on common stockholders' equity
2017:		-		/		=		%