.

3 3333 points 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. $51900, total assets, $239,400, common stock $85.000; and retained earnings, $53,546) CABOT CORPORATION Balance Sheet December 31 of current year Assets Liabilities and Equity $ 20,000 Accounts payable $ 19,500 Short-tern Investments 9,200 Accrued wages payable 3,000 Accounts receivable, net 32,200 Income taxes payable 2,800 Merchandise Inventory 42,150 Lont tere note payable, secured by mortgage on plant assets 64,400 Prepaid expenses 3,150 Coneon stock 85,000 Plant assets, net 154,300 Retained earnings 86,300 Totalset $ 261,000 Total liabilities and equity $ 261,000 Cath 8 010422 CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 454,600 Cost of goods sold 296 0950 Gross profit 152,650 Operating expenses 9,900 Interest Expense 2.900 Income before taxes 54,850 Income tax expense 22.096 Net Inc $1,754 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, (h) times interest earned, (Bprofit margin ratio (9) total asset turnover (10) return on total assets, and (11) return on equity. (Do not found intermediate calculations.) Complete this question by entering your answers in the tabs below. M 3 For current Year End Deceber 31 Sales $454,600 Cost of coods sold 206,950 Gross pratit 157,650 Operating expenses 98,500 Interest expense 2.900 Incone before taxes 54,350 Income tax expense 22,00 et income $12,754 Required: Compute the following: (t) 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.) 3333 points 800100 Complete this question by entering your answers in the tabs below. Reg1 and Rega Reg4 Reg 5 Rego seg Reg Rego Reg 10 Red 11 Compute the current ratio and add-test ratio 4) Numerator Current Ratio Denominator Current Ratio Current ratio to 1 123 Numerator Acid Test Ratio Denominator Acid-Test Ratio Acid Test Ratio 101