Selected current year-end financial statements of Cabot Corporation follow. (All sales were on credit, selected...
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Accounting
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, $209,400; common stock, $85,000, and retained earnings. $35,154) 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 migrgin ratio, (9) total asset turnover, (10) return on total assets, and (11) return on equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Compute the current ratio and acid-test ratio
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