Question: please answer it before 12;00 Selected current year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December

please answer it before 12;00

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, $52,900; total assets, $199,400; common stock, $84,000; and retained earnings, $37,234.)

CABOT CORPORATION
Balance Sheet
December 31 of current year
Assets Liabilities and Equity
Cash $ 10,000 Accounts payable $ 17,500
Short-term investments 9,200 Accrued wages payable 3,200
Accounts receivable, net 31,200 Income taxes payable 4,300
Merchandise inventory 42,150 Long-term note payable, secured by mortgage on plant assets 71,400
Prepaid expenses 3,000 Common stock 84,000
Plant assets, net 150,300 Retained earnings 65,450
Total assets $ 245,850 Total liabilities and equity $ 245,850
CABOT CORPORATION
Income Statement
For Current Year Ended December 31
Sales $ 448,600
Cost of goods sold 297,350
Gross profit 151,250
Operating expenses 99,500
Interest expense 4,500
Income before taxes 47,250
Income tax expense 19,034
Net income $ 28,216

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 equity.

Note: Do not round intermediate calculations.

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