Question: Please answer by showing formula for each Problem 13-4A Calculating financial statement ratios LO P3 Selected current year-end financial statements of Cabot Corporation follow. (All

Please answer by showing formula for each

Please answer by showing formula for each Problem
Problem 13-4A Calculating financial statement ratios LO P3 Selected current year-end financial statements of Cabot Corporation follow. (All sales were on credit, selected balance sheet amour at December 31 of the prior year were inventory, $56,900: total assets. $219,400; common stock. $82,000; and retained earnings. $39106) CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 449,600 Cost of goods sold 297,550 Gross profit 152,050 Operating expenses 99,500 Interest expense 4, 508 Income before taxes 48, 050 Income tax expense 19,356 Net income $ 28,694 CABOT CORPORATION Balance Sheet December 31 Assets Liabilities and Equity Cash $ 20,080 Accounts payable $ 15,500 Short-term investments Bided Accrued wages payable 4,400 CABOT CORPORATION Balance Sheet December 31 Assets Liabilities and Equity Cash 5 20,080 Accounts payable $ 15,509 Short-term investments 8,480 Accrued wages payable 4, 480 Accounts receivable. net 31,406 Income taxes payable 4,201 Merchandise inventory 34, 150 Long-term note payable, secured by 70,400 mortgage on plant assets Prepaid expenses 3,050 Common stock 82,003 Plant assets, net 147,300 Retained earnings 67,800 Total assets $ 244,300 Total liabilities and equity $ 244,300 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

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