Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts

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Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2017, were inventory, $48,900; total assets, $189,400; common stock, $90,000; and retained earnings, $22,748.)

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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,

(11) Return on common stockholders? equity. Round to one decimal place; for part 6, round to two decimals.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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