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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, $48,900; total

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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, $48,900; total assets, $189.400; common stock, $90,000; and retained earnings, $22,748.) CABOT CORPORATION Income Statement For Year Ended December 31, 2017 $448,600 297,250 151,35e 98,600 4,100 48,650 19,598 29,052 Sales Cost of goods sold Gross profit Operating expenses Interest expense Income before taxes Income taxes Net income CABOT CORPORATION Balance Sheet December 31, 2017 Assets Cash Short-term investments Accounts receivable, net 29,200 Income taxes payable Notes receivable (trade) 4,506e Merchandise inventory Liabilities and Equity $ 10,000 Accounts payable 17,500 3,200 3,360 8,400 Accrued wages payable 32,150 Long-term note payable, secured 63,400 by mortgage on plant assets Prepaid expenses Plant assets, net Total assets 2,650 Common stock 90,000 62,800 $240,200 Total liabilities and equit $240,200 153, 380 Retained earnings These are short-term notes receivable arising from customer (trade) sales Required: Compute the following (0) 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) returrm on common stockholders' equity. (Do not round intermediate calculations.) lowing: (1)

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