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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, 2015, were inventory, $49,900; total

Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2015, were inventory, $49,900; total assets, $219,400; common stock, $82,000; and retained earnings, $39,468.)

CABOT CORPORATION Income Statement For Year Ended December 31, 2016
Sales $ 449,600
Cost of goods sold 297,850
Gross profit 151,750
Operating expenses 99,400
Interest expense 3,900
Income before taxes 48,450
Income taxes 19,518
Net income $ 28,932

CABOT CORPORATION Balance Sheet December 31, 2016
Assets Liabilities and Equity
Cash $ 10,000 Accounts payable $ 17,500
Short-term investments 9,400 Accrued wages payable 4,000
Accounts receivable, net 29,200 Income taxes payable 3,700
Notes receivable (trade)* 4,000 Long-term note payable, secured
Merchandise inventory 36,150 by mortgage on plant assets 65,400
Prepaid expenses 2,950 Common stock 82,000
Plant assets, net 149,300 Retained earnings 68,400
Total assets $ 241,000 Total liabilities and equity $ 241,000

* These are short-term notes receivable arising from customer (trade) sales.

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.)

(1) Current Ratio
Choose Numerator: / Choose Denominator: = Current Ratio
/ = Current ratio
2016: / = to 1

(2) Acid-Test Ratio
Choose Numerator: / Choose Denominator: = Acid-Test Ratio
/ = Acid-test ratio
2016: / = to 1

(3) Days Sales Uncollected
Choose Numerator: / Choose Denominator: x Days = Days Sales Uncollected
/ x = Days sales uncollected
2016: / x = days

(4) Inventory Turnover
Choose Numerator: / Choose Denominator: = Inventory Turnover
/ = Inventory turnover
2016: / = times

(5) Days Sales in Inventory
Choose Numerator: / Choose Denominator: x Days = Days Sales in Inventory
/ x = Days sales in inventory
2016: / x = days

(6) Debt-to-Equity Ratio
Choose Numerator: / Choose Denominator: = Debt-to-Equity Ratio
/ = Debt-to-equity ratio
2016: / = to 1

(7) Times Interest Earned
Choose Numerator: / Choose Denominator: = Times Interest Earned
+ / = Times interest earned
2016: + / = times

(8) Profit Margin Ratio
Choose Numerator: / Choose Denominator: = Profit margin ratio
/ = Profit margin ratio
2016: / = %

(9) Total Asset Turnover
Choose Numerator: / Choose Denominator: = Total Asset Turnover
/ = Total asset turnover
2016: / = times

(10) Return on Total Assets
Choose Numerator: / Choose Denominator: = Return on Total Assets
/ = Return on total assets
2016: / = %

(11) Return on Common Stockholders' Equity
Choose Numerator: / Choose Denominator = Return On Common Stockholders' Equity
- / = Return on common stockholders' equity
2016: - / = %

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