Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2016, were inventory, $47,900; total assets, $229,400; common stock, $85,000; and retained earnings, $43,332.)

CABOT CORPORATION Income Statement For Year Ended December 31, 2017
Sales	$	450,600
Cost of goods sold		297,750
Gross profit		152,850
Operating expenses		98,500
Interest expense		4,500
Income before taxes		49,850
Income taxes		20,082
Net income	$	29,768

CABOT CORPORATION Balance Sheet December 31, 2017
Assets				Liabilities and Equity
Cash	$	14,000		Accounts payable	$	17,500
Short-term investments		9,400		Accrued wages payable		4,800
Accounts receivable, net		31,400		Income taxes payable		3,000
Notes receivable (trade)*		7,500
Merchandise inventory		36,150		Long-term note payable, secured by mortgage on plant assets		66,400
Prepaid expenses		3,050		Common stock		85,000
Plant assets, net		148,300		Retained earnings		73,100
Total assets	$	249,800		Total liabilities and equity	$	249,800

* These are short-term notes receivable arising from customer (trade) sales. 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.)

Req 1 and 2 Reg 3 Reg 4 Req 5 Reg 6 Req 7 Req 8 Req 9 Req 10 Req 11 Compute the current ratio and acid-test ratio. Choose Numerator: Current assets 1 2017: $ 101,500 1 Current Ratio Choose Denominator: Current liabilities $ 25,300 = = Current Ratio Current ratio 4.0 to 1 (2) Acid-Test Ratio Choose Denominator: Choose Numerator: = Acid-Test Ratio Acid-Test Ratio 0 to 1 2017: Req 1 and 2 Reg 3 Reg 4 Req 4 Req5 Reg 6 Reg? Req8 Req9 Req 10 Reg 10 Reg 11 Compute the inventory turnover. Inventory Turnover Choose Denominator: Choose Numerator: = = = Inventory Turnover Inventory turnover times 2017: Req 1 and 2 Req3 Req 4 Req 5 Req6 Req 7 Req 8 Req9 Req 10 Reg 11 Compute the days' sales in inventory. (5) Days' Sales in Inventory Choose Denominator: ~ Days Choose Numerator: 1 = = Days' Sales in Inventory Days' sales in inventory 0 days 2017: Reg 4 Reg 6 > Req 1 and 2 Req 1 and 2 Req3 Reg 3 Rega Reqs | Req6 | Req7 Req 5 Req 6 Req 7 Req 8 Req8 Rego Req 9 Reg 10 Req 10 Reg 11 Req 11 Compute the debt-to-equity ratio. (6) Debt-to-Equity Ratio Choose Denominator: Choose Numerator: I - Debt-to-Equity Ratio Debt-to-equity ratio 0 to 1 2017: Req 7 Reg 6 Req 1 and 2 Req3 Req 4 Req 5 Req 7 Req 8 Req9 Req 10 Req 11 Compute the times interest earned. Times Interest Earned Choose Denominator: Choose Numerator: I choose Times Interest Earned Times interest earned 0 times Req 1 and 2 Req3 | Rega Req 4 Req 5 Req 5 Rego Regal Reqs | Rego Req 7 Req 8 Reg 10 Req 10 Req 11 Reg 11 | Compute the profit margin ratio. (8) Profit Margin Ratio Choose Denominator: Choose Numerator: = = Profit margin ratio Profit margin ratio 2017: 0 % Req 1 and 2 Req3 Req 4 Req 5 Req 6 Req 7 Req 8 Reg 9 Reg 10 Req 11 Compute the total asset turnover. Total Asset Turnover Choose Denominator: Choose Numerator: = = Total Asset Turnover Total asset turnover 0 times 2017: Req 1 and 2 Reg 3 Reg 4 Req 5 Req 6 Req 7 Req8 Req 9 Req 10 Req 11 Compute the return on total assets. (10) Choose Numerator: Return on Total Assets 1 Choose Denominator: = = i Return on Total Assets Return on total assets 0 % 2017: Req 1 and 2 Req3 Req 4 Req 5 Req6 Req 7 Req 8 Req 9 Reg 10 Req 11 Compute the return on common stockholders' equity. (11) Choose Numerator: Return on Common Stockholders' Equity Choose Denominator = Return On Common Stockholders' Equity = Return on common stockholders' equity 0 % 2017: -