(second pic is an example of the ratios)

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, $55,900; total assets, $189,400; common stock, $87,000; and retained earnings, $31,934.) CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 448,600 Cost of goods sold 297,650 Gross profit 150,950 Operating expenses 98,900 Interest expense 4,800 Income before taxes 47,250 Income tax expense 19,034 Net income $ 28,216 Assets Cash Short-term investments Accounts receivable, net Merchandise inventory CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 18,000 Accounts payable 8,600 Accrued wages payable 31,000 Income taxes payable 36,150 Long-term note payable, secured by mortgage on plant assets 2,500 Common stock 147,300 Retained earnings $ 243,550 Total liabilities and equity $ 17,500 5,000 3,500 70,400 Prepaid expenses Plant assets, net Total assets 87,000 60, 150 $ 243,550 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.) Choose Numerator: 7 Choose Venominator: Current Ratio Current Ratio 1 1 2013: to 1 Acid-Test Ratio Choose Denominator: Choose Numerator: 1 1 1 Acid-Test Ratio Acid-Test Ratio = 2013: to 1 Choose Numerator: Days Days Sales Uncollected Choose Denominator: 1 1 X Days Sales Uncollected = Days Sales Uncollected days 2013: Inventory Turnover Choose Denominator: Choose Numerator: | / Inventory Turnover Inventory Turnover times 2013: 1 Choose Numerator: Days Days' Sales in Inventory 1 Choose Denominator: x 1 1 Days' Sales in Inventory = Days' Sales in Inventory days 2013: Debt-to-Equity Ratio Choose Denominator: Choose Numerator: 1 1 Debt-to-Equity Ratio = Debt-to-Equity Ratio to 1 2013: 1 Times Interest Earned Choose Numerator: Choose Denominator: Times Interest Earned 1 1 = Times Interest Earned 2013: + times Choose Numerator: Profit Margin Ratio 1 Choose Denominator: ! Profit margin ratio = Profit margin ratio 2013: Choose Numerator: Total Asset Turnover 1 Choose Denominator: 1 1 1 1 Total Asset Turnover = Total Asset Turnover times 2013: Return on Total Assets Choose Denominator: Choose Numerator: Return on Total Assets TALLA