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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, $48,900; total assets, $179,400; common stock, $82,000; and retained earnings, $27,644.) Assets Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets $ Operating expenses Interest expense Income before taxes CABOT CORPORATION Balance Sheet December 31 10,000 8,600 30, 600 30, 150 3,000 149,300 $ 231, 650 CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 451, 600 Cost of goods sold 297, 450 Gross profit 154, 150 98,500 4,900 50, 750 Liabilities and Equity Accounts payable Accrued wages payable Income taxes payable Long-term note payable, secured by mortgage on plant assets Common stock Retained earnings Total liabilities and equity $ 16, 500 3,400 4,400 67,400 82,000 57,950 $ 231, 650

Income tax expense Net income Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) inventory turnover, (5) days' sales in invento (6) debt-to-equity ratio, (7) times interest earned, (8) profit margin ratio, (9) total asset turnover, (10) return on total assets, and (11) retu on common stockholders' equity. (Do not round intermediate calculations.) (1) (2) 20,444 $ 30,306 Compute the current ratio and acid-test ratio. Choose Numerator: Req 4 Choose Numerator: Req 5 1 1 Req 6 Current Ratio Choose Denominator: Acid-Test Ratio Choose Denominator: Req 7 T = 11 = Req 8 Current Ratio Current ratio to 1 Acid-Test Ratio Req 9 Req 10 Help Req 11 S

Income tax expense Net income 20,444 $ 30,306 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 Req 3 Compute the days' sales uncollected. (3) Req 4 Req 5 Req 6 X Req 7 X Req 8 Days' Sales Uncollected Choose Numerator: 1 Choose Denominator: X Days M Days Sales Uncollected Req 9 Days sales uncollected days Req 10 Save & Exit Req 11 Submit

Income tax expense Net income 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 Req 3 20,444 $ 30,306 Compute the inventory turnover. Choose Numerator: Req 4 Req 5 Req 6 Inventory Turnover T Choose Denominator: T 1 < Req 3 Req 7 Req 8 Req 9 Inventory Turnover = Inventory turnover Req 5 > times Req 10 Req 11

Income tax expense Net income Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 20,444 $ 30,306 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.) (5) Compute the days' sales in inventory. Choose Numerator: Req 4 Req 5 Req Days' Sales in Inventory V Choose Denominator: J 1 < Req 4 Req 7 < Prev X X X 16 of 27 Req 8 Days = Req 6 > Req 9 Req 10 Days' Sales in Inventory Days' sales in inventory days Next > Help Req 11 Save & Exit Submit

Income tax expense Net income Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 20,444 $ 30,306 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.) (6) Compute the debt-to-equity ratio. Choose Numerator: Req 4 Req 5 Req 6 Debt-to-Equity Ratio 1 Choose Denominator: 1 < Req 5 Req 7 Req 8 Req 9 M Debt-to-Equity Ratio Debt-to-equity ratio to 1 Req 7 > Req 10 Help Req 11 Save & Exit Submit

Income tax expense Net income 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.) 20,444 $ 30,306 Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Req 4 Compute the times interest earned. Choose Numerator: + Req 5 + Req 6 Times Interest Earned 1 Prev Reg 7 1 T < Req 6 Req 8 Choose Denominator: 16 of 27 www Req 9 = Req 8 > Next Req 10 Req 11 Times Interest Earned Times interest earned times

Income tax expense Net income 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 Req 3 20,444 $ 30,306 Compute the profit margin ratio. (8) Choose Numerator: Req 4 Req 5 Req 6 Profit Margin Ratio 1 Choose Denominator: 1 1 < Req 7 < Prev Req 7 F Req 8 P Profit margin ratio Profit margin ratio Req 9 > 16 of 27 Req 9 四機商 www % Next > Req 10 Req 11

Net income 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 Req 3 $ 30,306 (9) Compute the total asset turnover. Choose Numerator: Req 4 1 1 1 Req 5 Req 6 Total Asset Turnover Choose Denominator: < Req 8 < Prev Req 7 = Req 8 16 of 27 Req 10 > Total Asset Turnover Total asset turnover Req 9 E times Next > Req 10 Req 11

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 Req 3 Compute the return on total assets. (10) Req 4 Choose Numerator: Req 5 Req 6 Return on Total Assets 1 Choose Denominator: 1 < Req 9 Prov Req 7 = = = Req 8 of 27 Req 11 > Req 9 Return on Total Assets Return on total assets % Req 10 Req 11

Income tax expense Net income 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.) 20,444 $ 30,306 Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 (11) Req 4 Req 5 Compute the return on common stockholders' equity. Req 6 Choose Numerator: < Prev Req 7 Req 8 Return on Common Stockholders' Equity 1 Choose Denominator 1 1 < Req 10 16 of 27 B F Req 9 50 Next > Req 10 Req 11 Return On Common Stockholders' Equity Return on common stockholders' equity submit %