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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, 2012, were inventory, $55,900; total

Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2012, were inventory, $55,900; total assets, $229,400; common stock, $90,000; and retained earnings, $52,748.)

CABOT CORPORATION Income Statement For Year Ended December 31, 2013
Sales $ 450,600
Cost of goods sold 297,650
Gross profit 152,950
Operating expenses 99,500
Interest expense 4,300
Income before taxes 49,150
Income taxes 19,800
Net income $ 29,350

CABOT CORPORATION Balance Sheet December 31, 2013
Assets Liabilities and Equity
Cash $ 14,000 Accounts payable $ 26,500
Short-term investments 9,600 Accrued wages payable 5,000
Accounts receivable, net 33,000 Income taxes payable 4,500
Notes receivable (trade)* 7,000 Long-term note payable, secured
Merchandise inventory 40,150 by mortgage on plant assets 65,400
Prepaid expenses 3,050 Common stock 90,000
Plant assets, net 154,300 Retained earnings 69,700
Total assets $ 261,100 Total liabilities and equity $ 261,100
* 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.)

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