Problem 13-4A

Calculating financial statement ratios LO P3 Selected currentyear-end financial statements of Cabot Corporation follow. (Allsales were on credit; selected balance sheet amounts at December 31of the prior year were inventory, $50,900; total assets, $169,400;common stock, $84,000; and retained earnings, $31,305.) CABOTCORPORATION Income Statement For Current Year Ended December 31Sales $ 455,600 Cost of goods sold 297,350 Gross profit 158,250Operating expenses 98,800 Interest expense 4,700 Income beforetaxes 54,750 Income tax expense 22,055 Net income $ 32,695 CABOTCORPORATION Balance Sheet December 31 Assets Liabilities and EquityCash $ 18,000 Accounts payable $ 16,500 Short-term investments8,800 Accrued wages payable 4,400 Accounts receivable, net 32,000Income taxes payable 4,800 Merchandise inventory 30,150 Long-termnote payable, secured by mortgage on plant assets 72,400 Prepaidexpenses 2,850 Common stock 84,000 Plant assets, net 154,300Retained earnings 64,000 Total assets $ 246,100 Total liabilitiesand equity $ 246,100 Required: Compute the following:

(1) current ratio, (2) acid-test ratio, (3) days' salesuncollected, (4) inventory turnover, (5) days' sales in inventory,(6) debt-to-equity ratio, (7) times interest earned, (8) profitmargin ratio, (9) total asset turnover, (10) return on totalassets, and (11) return on common stockholders' equity. (Do notround intermediate calculations.)

thank you!!!