Selected current year-end financial statements of Cabot Corporation follow. (All sales were on credit: selected...

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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, $54,900; total assets, $199,400; common stock, $84,000; and retained earnings, $48,463.) CABOT CORPORATION Income Statement For Current Year Ended Deceber 31 Sales $ 447,600 Cost of goods sold 297,350 Gross profit 150, 250 Operating expenses 98,800 Interest expense 4,500 Income before taxes 46,950 Income tax expense 18,913 Net income $ 28,037 Assets Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 20,000 Accounts payable 8,400 Accrued wages payable 32,000 Income taxes payable 42,150 Long-term note payable, secured by mortgage on plant assets 2,550 Connon stock 150,300 Retained earnings $ 255,400 Total liabilities and equity $ 18,500 3,600 3,400 69,400 84,000 76,500 $ 255,400 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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