Question: please help me answer soon as possible Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at



Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2016, were inventory, $54,900; total assets, $179,400; common stock, $80,000; and retained earnings, $48,523.) CABOT CORPORATION Income Statement For Year Ended December 31, 2017 Sales $ 450,600 Cost of goods sold 297,550 Gross profit 153,050 Operating expenses 98,600 Interest expense 4,000 Income before taxes 50,450 Income taxes 20,323 Net income $ 30,127 CABOT CORPORATION Balance Sheet December 31, 2017 Liabilities and Equity $ 14,000 Accounts payable 8,200 Accrued wages payable 28,800 Income taxes payable 6,000 40,150 Long-term note payable, secured by mortgage on plant assets 3,000 Common stock 150,300 Retained earnings $ 250,450 Total liabilities and equity Assets Cash Short-term investments Accounts receivable, net Notes receivable (trade) Merchandise inventory Prepaid expenses Plant assets, net Total assets $ 16,500 4,200 3,700 67,400 80,000 78,650 $ 250,450 * These are short-term notes receivable arising from customer (trade) sales. 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 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg 7 Reg 8 Reg 9 Reg 10 Reg 11 Compute the debt-to-equity ratio. (6) Debt-to-Equity Ratio Choose Numerator: Choose Denominator: - Debt-to-Equity Ratio Total liabilities Total equity Debt-to-equity ratio 2017: $ 93,400 / 5 154,200 - 0.61 to 1 Reqs Req? > * These are short-term notes receivable arising from customer (trade) sales. 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 Req4 Reg 5 Reg 6 Reg 7 Reg 8 Req9 Req 10 Reg 11 Compute the times interest earned. (7) Times Interest Earned Choose Numerator: 1 Choose Denominator: Income before tax + interest expense I interest expense 2017: $ 49,250 + $ 4,900 $ 4,900 Times Interest Earned Times interest earned 11.1 times *These are short-term notes receivable arising from customer (trade) sales. 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 Req3 Reg 4 Reg 5 Reg 6 Req7 Reg 8 Req9 Reg 10 Req11 Compute the profit margin ratio. (8) Profit Margin Ratio Choose Numerator: Choose Denominator: Profit margin ratio Net income Net sales -Profit margin ratio 2017: S 29,410 450,600 - 6.5% ( Req? Req9 >
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