Question: Problem 17-4A (Algo) Calculating financial statement ratios LO P3 Selected current year-end financial statements of Cabot Corporation follow. (All sales were on credit selected balance

 Problem 17-4A (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 amounts at December 31 of the prior year were
inventory, $46,900; total assets, $239,400; common stock; $87,000; and retained earnings; $22748.3
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) retum on equity. Note:
Do not round intermediate calculations. Compute the following: (1) current ratio, (2)
acid-test ratio, (3) days' sales uncollected, (4) inventory turnover, (5) days' sales
(6) debt-to-equity ratio, (7) times interest earned, (8) profit margin ratio, (

Problem 17-4A (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 amounts at December 31 of the prior year were inventory, $46,900; total assets, $239,400; common stock; $87,000; and retained earnings; $22748.3 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) retum on equity. Note: Do not round intermediate calculations. Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) inventory turnover, (5) days' sales (6) debt-to-equity ratio, (7) times interest earned, (8) profit margin ratio, ( 9) total asset turnover, (10) return on total assets, ai on equity. Note: Do not round intermediate calculations. Complete this question by entering your answers in the tabs below. Compute the current ratio and acid-test ratio. Complete this question by entering your answers in the tabs below. Compute the days' sales uncoliected. Complete this question by entering your answers in the tabs below. Compute the inventory turnover. Complete this question by entering your answers in the tabs below. Compute the days' sales in inventory. Complete this question by entering your answers in the tabs below. Compute the debt-to-equity ratio. Complete this question by entering your answers in the tabs below. Compute the times interest earned. Complete this question by entering your answers in the tabs below. Compute the proft maroin ratio. Complete this question by entering your answers in the tabs below. Compute the total asset turnover. Complete this question by entering your answers in the tabs below. Compute the return on total assets. Complete this question by entering your answers in the tabs below. Compute the return on equity

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