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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, $52,900; 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, $52,900; total assets, $219,400; common stock, $86,000; and retained earnings, $36,224.) CABOT CORPORATION Income Statement For Year Ended December 31, 2017 Sales Cost of goods sold Gross profit Operating expenses Interest expense Income before taxes Income taxes Net income $453,600 296,950 156, 650 98,500 4, 100 54,050 21, 774 $ 32,276 CABOT CORPORATION Balance Sheet December 31, 2017 Liabilities and Equity Assets Cash Short-term investments Accounts receivable, net Notes receivable (trade)* Merchandise inventory $ 10,000 Accounts payable $ 15,500 4,800 4,300 9,400 Accrued wages payable 33,000 Income taxes payable 7,000 150 Long-term note payable, secured by 67,400 mortgage on plant assets Prepaid expenses Plant assets, net Total assets 86,000 68,500 $ 246,500 2,650 Common stock 152,300 Retained earnings 246,500 Total liabilities and equity 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.)

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