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5 60 points Check my work Selected current year-end financial statements of Cabot Corporation follow. All sales were on credit; selected balance sheet amounts at December 31 of the prior year were inventory, $50,900, total assets, $169,400, common stock, $81,000; and retained earnings, $46,466.) CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 452,600 Cost of goods sold 297.350 Gross profit 155, 250 Operating expenses 98,800 Interest expense 4,900 Income before taxes 51,550 Income tax expense 20,766 Net income $ 30,784 eBook Print References Assets Cash Short-term investments Accounts receivable, net Merchandise inventory CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 16,800 Accounts payable 8,400 Accrued wages payable 33,200 Incone taxes payable 34,150 Long-tern note payable, secured by nortgage on plant assets 3,800 Connon stock 153,300 Retained earnings $ 248,050 Total liabilities and equity $ 16,500 4,200 3,700 65,400 Prepaid expenses Plant assets, net Total assets 81,000 77,250 $ 248,050 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 as et 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. Req 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg 7 Req8 Reg 9 Req 10 Req 11 Como te the current ratio and acid-test ratio. Current Ratio Choose Denominator: Choose Numerator: = Current Ratio Current ratio 0 to 1 (2) Acid-Test Ratio Choose Denominator: Choose Numerator: Acid-Test Ratio Acid-Test Ratio O to 1 1 RA Reg 3 > Check my work 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. Req 1 and 2 Req3 Req 4 Reg 5 Req 6 Req7 Re8 Req9 Reg 10 Reg 11 Compute the days' sales uncollected. (3) Days' Sales Uncollected Choose Denominator: Days Choose Numerator: 1 1 Days Sales Uncollected Days sales uncollected o days 1 Help Save & Ext Submit Check my work Required: Compute the following: (1) current ratio, (2) acid-test ratio. (3) days' sales uncollected, 6) 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. Req 1 and 2 Req3 Reg 4 Reg 5 Req 6 Req7 Req8 Reg 9 Reg 10 Reg 11 Compute the inventory turnover. Inventory Turnover Choose Denominator: Choose Numerator: 1 Inventory Turnover Inventory turnover O times / Req3 Req5 ) Check my work 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 eared. (8) profit margin ratio (9) toto sset 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. Req 1 and 2 Req 3 Req 4 Reg 5 Reg 6 Reg 7 Red & Reg 9 Reg 10 Reg 11 Compute the days' sales in inventory. (5) Days' Sales In Inventory Choose Denominator: Choose Numerator: Days 1 / Days' Sales in Inventory Days' sales in inventory o days 1 X Next Check my work 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. Req 1 and 2 Req3 Reg 4 Reg 5 Reg 6 Reg 7 Req8 Req 9 Reg 10 Reg 11 Compute the debt-to-equity ratio. Debt-to-Equity Ratio Choose Denominator: Choo Numerator: 1 Debt-to-Equity Ratio = Debt-to-equity ratio 0 to 1 Reg 5 Req7 > Check my work 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. Req 1 and 2 Reg 3 Req4 Reg 5 Reg 6 Req? Reg 8 Reg 9 Reg 10 Reg 11 Compute the times interest earned. Times Interest Eamed Choose Numerator: 1 Choose Denominator: = Times Interest Earned 1 Times interest earned 1 11 O times Reg 6 Req8 > C Required: Compute the following: (1) current ratio, (2) acid-test ratio. (3) days' sales uncollected. (4) inventory turnover, inventory. (6) debt-to-equity ratio, (7) times interest earned, (8) profit margin ratio (9) total asset turnover. (10 assets, and (11) return on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Req 4 Req 5 Reg 6 Req 7 Reg 8 Reg 9 Reg 10 Compute the profit margin ratio. (8) Profit Margin Ratio 1 Choose Denominator: Choose Numerator: / Profit margin ratio Profit margin ratio 0 % Check my work Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncocted, (4) inventory turnover, (5) days' sales in inventory. (6) debt-to-equity ratio, () times interest earned, (8) profit margin ratio, (9) total ostetturnover (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. Req 1 and 2 Reg 3 Req 4 Req 5 Req 6 Reg? Reg 8 Reg 9 Reg 10 Reg 11 Compute the return on total assets. (10) Return on Total Assets Choose Denominator: Choose Numerator: 1 Reton Total Assets Return on total assets 0 % / Help Save Submit Check my work * *cu. Compute the following: (1) current ratio, (2) acid-test ratio, (3) day ales uncollected. (4) inventory turnover (5) days' sales in inventory. (6) debt-to-equity ratio. (7) times interest earned. (8) profitargin ratio, 19) total asset turnover (10) return on total assets, and (11) return on common stockholders' equity. (Do not round ntermediate calculations. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Reg 4 Reg 5 Reg 6 Req7 Req8 Reg 9 Be 10 Reg 11 Compute the return on common stockholders' equity. (11) Choose Numerator: Return on Common Stockholders' Equity Choose Denominator Ran On Commons Ratum on common to = Prey 5 of 5

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