Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2016, were inventory, $56,900; total assets, $229,400; common stock, $81,000; and retained earnings, $35,993.) CABOT CORPORATION Income Statement For Year Ended December 31, 2017 Sales $ 451,600 Cost of goods sold 296,950 Gross profit 154,650 Operating expenses 99,500 Interest expense 4,900 Income before taxes 50,250 Income taxes 20,243 Net income $ 30,007 Assets Cash Short-term investments Accounts receivable, net Notes receivable (trade)* Merchandise inventory $ 16,500 4,000 3,800 CABOT CORPORATION Balance Sheet December 31, 2017 Liabilities and Equity $ 10,000 Accounts payable 8,200 Accrued wages payable 31,000 Income taxes payable 7,000 32,150 Long-term note payable, secured by mortgage on plant assets 3,050 Common stock 149, 300 Retained earnings $ 240,700 Total liabilities and equity 69,400 Prepaid expenses Plant assets, net Total assets 81,000 66,000 $ 240,700 . 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.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg 7 Req8 Req 9 Req 10 Req 11 Compute the current ratio and acid-test ratio. (1) Current Ratio Choose Denominator: Choose Numerator: Current Ratio Current ratio 1 2017: to 1 (2) Acid-Test Ratio Choose Denominator: Acid-Test Ratio Choose Numerator: Acid-Test Ratio to 1 2017: Red 1 and Reg 3 > OW. Req 1 and 2 Reg 3 Reg 4 Req 5 Reg 6 Req 7 Reg 8 Reg 9 Reg 10 Reg 11 Compute the days' sales uncollected. (3) Choose Numerator: Days' Sales Uncollected 1 Choose Denominator: Days Days Sales Uncollected Days sales uncollected days 2017: Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg 7 Reg 8 Reg 9 Req 10 Reg 11 Compute the inventory turnover. Choose Numerator: Inventory Turnover 1 Choose Denominator: 1 Inventory Turnover Inventory turnover times 2017: 1 Req 1 and 2 Reg 3 Req 4 Reg 5 Req 6 Reg 7 Req 8 Req9 Reg 10 Compute the days' sales in inventory. (5) Days' Sales in Inventory Choose Denominator: Days Choose Numerator: 11 1 Days' Sales in Inventory Days' sales in inventory days 2017: Req 1 and 2 Req 3 Req 4 Req 5 Reg 6 Req 7 Req 8 Req 9 Reg 10 Compute the debt-to-equity ratio. (6) Choose Numerator: Debt-to-Equity Ratio 1 Choose Denominator: 1 1 Debt-to-Equity Ratio Debt-to-equity ratio 2017: to 1 Next Req 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Req 7 Reg 8 Req9 Reg 10 Reg 11 Compute the profit margin ratio. (8) Profit Margin Ratio Choose Denominator: Choose Numerator: 1 Profit margin ratio Profit margin ratio 2017: 1 % Reg 7 Reg 9 > lete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Reg 4 Reg 5 Reg 6 Reg 2 Reg 8 Rep 9 Reg 10 Reg 11 Compute the total asset turnover. (9) Total Asset Turnover Choose Denominator: Choose Numerator: 1 Total Asset Turnover Total asset turnover times 2017: Next Req Req 8 Reg 9 Reg 10 Reg 11 Compute the return on common stockholders' equity. (11) Choose Numerator: Return on Common Stockholders' Equity Choose Denominator Return On Common Stockholders' Equity - Return on common stockholders' equity % 2017: 1 =