Selected year-end financial statements of Cabot Corporation follow

Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2014, were inventory, $50,900; total assets, $219,400; common stock, $86,000; and retained earnings, $51,399.)

CABOT CORPORATION Income Statement For Year Ended December 31, 2015
Sales	$	447,600
Cost of goods sold		298,250
Gross profit		149,350
Operating expenses		99,000
Interest expense		4,800
Income before taxes		45,550
Income taxes		18,349
Net income	$	27,201

 

CABOT CORPORATION Balance Sheet December 31, 2015
Assets				Liabilities and Equity
Cash	$	12,000		Accounts payable	$	16,500
Short-term investments		9,400		Accrued wages payable		3,400
Accounts receivable, net		30,200		Income taxes payable		3,200
Notes receivable (trade)*		7,000		Long-term note payable, secured
Merchandise inventory		40,150		by mortgage on plant assets		67,400
Prepaid expenses		3,050		Common stock		86,000
Plant assets, net		153,300		Retained earnings		78,600
Total assets	$	255,100		Total liabilities and equity	$	255,100

* 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.)