Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2012, were inventory, $51,900; total assets, $239,400; common stock, $125,000; and retained earnings, $52,348.)

CABOT CORPORATION Income Statement For Year Ended December 31, 2013
Sales	$	452,600
Cost of goods sold		297,050
Gross profit		155,550
Operating expenses		99,000
Interest expense		4,400
Income before taxes		52,150
Income taxes		21,008
Net income	$	31,142

CABOT CORPORATION Balance Sheet December 31, 2013
Assets				Liabilities and Equity
Cash	$	10,000		Accounts payable	$	20,500
Short-term investments		9,000		Accrued wages payable		4,600
Accounts receivable, net		32,000		Income taxes payable		3,500
Notes receivable (trade)*		3,500		Long-term note payable, secured
Merchandise inventory		30,150		by mortgage on plant assets		68,400
Prepaid expenses		3,100		Common stock		125,000
Plant assets, net		153,300		Retained earnings		19,050
Total assets	$	241,050		Total liabilities and equity	$	241,050

* 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. (Use 365 days a year. Do not round intermediate calculations.)

Current Ratio Choose Numerator: Choose Denominator: Current Ratio E Current liabilities Current assets Current Ratio 3.1 to 1 2013: 87,750 28,600 E Acid-Test Ratio Acid-Test Ratio Choose Numerator: Choose Denominator: Current liabilities Acid-Test Ratio Current assets 2.0 to 1 57,600 2013: 28,600