5 Problem 13-4A (Algo) Calculating financial statement ratios LO P3 Selected current year-end financial statements of Cabot Corporation follow. (All sales were on credit: selected balance sheet ar at December 31 of the prior year were inventory. $53,900, total assets. $229,400; common stock. $90,000; and retained earnir $34,947.) eBook Print Cash Short-term investments Accounts receivable, net Merchandise Inventory CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 18,000 Accounts payable 0,200 Acered wages payable 20.800 Income taxes payable 30,150 Long-term note payable, secured by mortgage on plant annet 2,000 Connon stock 151,00 Retained earnings 247,250 Total Liabilities and equity $ 15,500 3,200 4.300 68,400 Prepaid expenses lant annet Total acta 90,000 65,050 $ 247,250 CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $453,600 Cost of goods sold 291,050 Cross profit 155,550 Operating expenses 98.900 Interest expo Income before taxon 51,750 MC RE CADOT CORPORATION Income Statement For Current Year Ended December 31 Salos $ 453,600 Cost of goods sold 298,050 Gross profit 155,550 Operating expenses 98,900 Interest expense 4,900 Incone before taxes 51,750 Income tax expense 20.847 Net income $ 30,903 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 (10) return on common stockholders equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Red 1 and 2 RG 3 Reg4 Regs Reg 6 Reg 7 Reg 8 Rego Reg 10 Reg 11 Compute the current ratio and acid-test ratio, Current Ratio Choose Denominator Choose Numaraton Current Ratio oblems: Assignment 11-36 Saved requires: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) inventory turnover, (5) days' sales in in (6) debt-to-equity ratio, 7) times interest earned. (8) profit margin ratio. (9) total asset turnover, (16) return on total assets, and (11 on common stockholders' equity. (Do not round Intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Red 4 Reqs Reg 6 Req 7 Req 8 Req9 Reg 10 Reg 11 Compute the current ratio and acid-test ratio. Choose Numerator: Current Ratio Choose Denominator Current Ratio Current ratio 0 to 1 (2) Choose Numerator: Acid Test Ratio Choose Denominator: Acid-Test Ratio Acid-Test Ratio 1 O to 1 Rog 3 > Nequired: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected. (4) Inventory turnover. (5) days' sales In Inventor (6) debt-to-equity ratio, 7) times interest earned, (8) profit margin ratio. (9) total asset turnover, (10) return on total assets, and (11) retur on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Doo Reg 1 and 2 Reg 3 Req* Regs Reg 6 Reg 7 Reg 8 Reg 9 Reg 10 Reg 11 Print Compute the days' sales uncollected. Days Sales Uncollected Choose Numeratori 1 Choose Denominator: Days Days Sales Uncollected Duya sales uncollected o days Sed Help 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.) Complete this question by entering your answers in the tabs below. Reas Res Req7 Rega Ree9 Ree 10 Res 11 Req 1 and 2 Reqs Reg* Compute the days' sales in inventory. ences 15 Choose Numerator: Days Sales in Inventory Choose Denominator. x Days Days' Sales in Inventory Days' sales in inventory o days 1 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.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Reg 5 Meg 6 Req7 Reg 8 Reg 9 Reg 10 Reg 11 Compute the debt-to-equity ratio. (6) Debt-to-Equity Ratio Choose Denominator Choose Numerator: 1 1 Debt-to-Equity Ratio - Debt-to-equity ratio O to 1 lems: Assignment 11-3 Saved Help Se requirea: 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, () times interest earned. (B) profit margin ratio, (9) total asset turnover (10) return on total assets, and (11) return on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Regs Reg 6 Reg 7 Reg 8 Reg 9 Reg 10 Reg 11 Compute the times interest earned. Times Interest Earned Choose Numerator: Choose Denominator: Times Interest Earned 1 Times interest eamed O times 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.) Complete this question by entering your answers in the tabs below. Reg 7 Req9 Reg 11 Req8 Reato Reg 6 Reg 4 Reg 3 Reg 5 Req 1 and 2 Compute the return on total assets. ces (10) Return on Total Assets Choose Denominator 1 Choose Numerator: Return on Total Assets Return on total assets OS Reg 14 Nequired: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected. (4) Inventory turnover. (5) days' sales In Inventor (6) debt-to-equity ratio, 7) times interest earned, (8) profit margin ratio. (9) total asset turnover, (10) return on total assets, and (11) retur on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Doo Reg 1 and 2 Reg 3 Req* Regs Reg 6 Reg 7 Reg 8 Reg 9 Reg 10 Reg 11 Print Compute the days' sales uncollected. Days Sales Uncollected Choose Numeratori 1 Choose Denominator: Days Days Sales Uncollected Duya sales uncollected o days Sed Help 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.) Complete this question by entering your answers in the tabs below. Reas Res Req7 Rega Ree9 Ree 10 Res 11 Req 1 and 2 Reqs Reg* Compute the days' sales in inventory. ences 15 Choose Numerator: Days Sales in Inventory Choose Denominator. x Days Days' Sales in Inventory Days' sales in inventory o days 1 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.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Reg 5 Meg 6 Req7 Reg 8 Reg 9 Reg 10 Reg 11 Compute the debt-to-equity ratio. (6) Debt-to-Equity Ratio Choose Denominator Choose Numerator: 1 1 Debt-to-Equity Ratio - Debt-to-equity ratio O to 1 lems: Assignment 11-3 Saved Help Se requirea: 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, () times interest earned. (B) profit margin ratio, (9) total asset turnover (10) return on total assets, and (11) return on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Regs Reg 6 Reg 7 Reg 8 Reg 9 Reg 10 Reg 11 Compute the times interest earned. Times Interest Earned Choose Numerator: Choose Denominator: Times Interest Earned 1 Times interest eamed O times 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.) Complete this question by entering your answers in the tabs below. Reg 7 Req9 Reg 11 Req8 Reato Reg 6 Reg 4 Reg 3 Reg 5 Req 1 and 2 Compute the return on total assets. ces (10) Return on Total Assets Choose Denominator 1 Choose Numerator: Return on Total Assets Return on total assets OS Reg 14