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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, $50,900; total assets, $249,400; common stock, $89,000; and retained earnings, $35,326.)

CABOT CORPORATION
Balance Sheet
December 31 of current year
Assets		Liabilities and Equity
Cash	$ 12,000	Accounts payable	$ 16,500
Short-term investments	8,200	Accrued wages payable	3,000
Accounts receivable, net	31,800	Income taxes payable	3,600
Merchandise inventory	38,150	Long-term note payable, secured by mortgage on plant assets	65,400
Prepaid expenses	3,100	Common stock	89,000
Plant assets, net	150,300	Retained earnings	66,050
Total assets	$ 243,550	Total liabilities and equity	$ 243,550

CABOT CORPORATION
Income Statement
For Current Year Ended December 31
Sales	$ 451,600
Cost of goods sold	297,250
Gross profit	154,350
Operating expenses	99,000
Interest expense	3,900
Income before taxes	51,450
Income tax expense	20,726
Net income	$ 30,724

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 equity. (Do not round intermediate calculations.)

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