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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, 2014, were inventory, $48,900; total

Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2014, were inventory, $48,900; total assets, $189,400; common stock, $90,000; and retained earnings, $22,748.)

CABOT CORPORATION Income Statement For Year Ended December 31, 2015
Sales $ 448,600
Cost of goods sold 297,250
Gross profit 151,350
Operating expenses 98,600
Interest expense 4,100
Income before taxes 48,650
Income taxes 19,598
Net income $ 29,052

CABOT CORPORATION Balance Sheet December 31, 2015
Assets Liabilities and Equity
Cash $ 10,000 Accounts payable $ 17,500
Short-term investments 8,400 Accrued wages payable 3,200
Accounts receivable, net 29,200 Income taxes payable 3,300
Notes receivable (trade)* 4,500 Long-term note payable, secured
Merchandise inventory 32,150 by mortgage on plant assets 63,400
Prepaid expenses 2,650 Common stock 90,000
Plant assets, net 153,300 Retained earnings 62,800
Total assets $ 240,200 Total liabilities and equity $ 240,200
* 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.)

(1) Current Ratio
Choose Numerator: / Choose Denominator: = Current Ratio
/ = Current Ratio
2015: / = to 1

(2) Acid-Test Ratio
Choose Numerator: / Choose Denominator: = Acid-Test Ratio
/ = Acid-Test Ratio
2015: / = to 1

(3) Days Sales Uncollected
Choose Numerator: / Choose Denominator: x Days = Days Sales Uncollected
/ x = Days Sales Uncollected
2015: / x = 0 days

(4) Inventory Turnover
Choose Numerator: / Choose Denominator: = Inventory Turnover
/ = Inventory Turnover
2015: / = times

(5) Days Sales in Inventory
Choose Numerator: / Choose Denominator: x Days = Days Sales in Inventory
/ x = Days Sales in Inventory
2015: / x = 0 days

(6) Debt-to-Equity Ratio
Choose Numerator: / Choose Denominator: = Debt-to-Equity Ratio
/ = Debt-to-Equity Ratio
2015: / = to 1

(7) Times Interest Earned
Choose Numerator: / Choose Denominator: = Times Interest Earned
+ / = Times Interest Earned
2015: + / = times

(8) Profit Margin Ratio
Choose Numerator: / Choose Denominator: = Profit margin ratio
/ = Profit margin ratio
2015: / = %

(9) Total Asset Turnover
Choose Numerator: / Choose Denominator: = Total Asset Turnover
/ = Total Asset Turnover
2015: / = times
(10) Return on Total Assets
Choose Numerator: / Choose Denominator: = Return on Total Assets
/ = Return on Total Assets
2015: / = %

(11) Return on Common Stockholders' Equity
Choose Numerator: / Choose Denominator = Return On Common Stockholders' Equity
- / = Return On Common Stockholders' Equity
2015: - / = %

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