Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2016, were inventory, $46,900; total assets, $199,400; common stock, $82,000; and retained earnings, $50,901.)

CABOT CORPORATION Income Statement For Year Ended December 31, 2017

Sales	$447,600
Cost of goods sold	298,150
Gross profit	149,450
Operating expenses	99,200
Interest expense	4,200
Income before taxes	46,050
Income taxes	18,551
Net income	$27,499

CABOT CORPORATION Balance Sheet December 31, 2017

Assets		Liabilities and Equity
Cash	$14,000	Accounts payable	$18,500
Short-term investments	9,000	Accrued wages payable	4,400
Accounts receivable, net	31,600	Income taxes payable	4,700
Notes receivable (trade)*	6,500
Merchandise inventory	38,150	Long-term note payable, secured by mortgage on plant assets	62,400
Prepaid expenses	2,850	Common stock	82,000
Plant assets, net	148,300	Retained earnings	78,400
Total assets	$250,400	Total liabilities and equity	$250,400

* 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 debt-to-equity ratio.

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

Compute the times interest earned.

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

Compute the profit margin ratio.

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

Compute the total asset turnover.

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

Compute the return on total assets.

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

Compute the return on common stockholders' equity.

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