Problem 17 4A Calculating financial statement ratio P3 Selected current year end financial statements of Cabot Corporation follow All sales were on crede selected balance sheet amounts at December 31 of the prior year were inventory, $48,900, total assets, $189-400 common stock, $90,000; and retained earnings, $53.148 Required CAROT COMPORATION $17,500 Short 31.700 32150 1.300 2550 63,400 P Common stock 90,000 $240,700 $340.300 CAROT CORPORATION For Corrente Ended December 31 Sales 148 290.25 Gron pret 4.100 48.650 Net Income $129.0 Compute the following (1) cent rate, (2) acid test sabe 0) days sales uncollected, (4) investory amoves, (3) days' sales in inventory, (6) debe-to-equity ratio, (7) times interest earned, (8) profit margin ratio, (9) total asset burnover, (10) return on total assets. and (11) return on equity Road to ane decenal place, for part 6, sound to two decimals Check And-test ratio, 2.2 to 1; Inventory turnover, 7.3 Problem 17.5A