$ Assets Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 14,00 Accounts payable 8,480 Accrued wages payable 32,600 Income taxes payable 40,150 Long-term note payable, Secured by mortgage on plant assets 2,600 Comon stock 153, 380 Retained earnings $ 251,95Total liabilities and equity 17,500 3,298 4,4ee 72,400 83,eee 70,550 $ 251, ese Required: Compute the following: (1) current ratio, (2) acid-test ratio. (3) days' sales uncollected. (4) Inventory tumover (6) debt-to-equity ratio. (7) times interest eamed. (8) profit margin ratio. (9) total asset turnover (10) return on on common stockholders' equity. (Do not round Intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Req1 Reg 5 Reg 6 Req Reye Rey Reg 10 Compute the current ratio and acid-test ratio. (1) Choose Numerator Current assets Current Ratio Choose Denominator Current liabilities # Current Ratio Current ratio 1.0 101 97,760 (2) Choose Numerator Acid-Test Ratio Choose Denominator Acid Test Ratio Acid-Test Ratio 151 Red $ Assets Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets CABOT CORPORATION Balance Sheet December 31 Liabilities and Equity $ 14,00 Accounts payable 8,480 Accrued wages payable 32,600 Income taxes payable 40,150 Long-term note payable, Secured by mortgage on plant assets 2,600 Comon stock 153, 380 Retained earnings $ 251,95Total liabilities and equity 17,500 3,298 4,4ee 72,400 83,eee 70,550 $ 251, ese Required: Compute the following: (1) current ratio, (2) acid-test ratio. (3) days' sales uncollected. (4) Inventory tumover (6) debt-to-equity ratio. (7) times interest eamed. (8) profit margin ratio. (9) total asset turnover (10) return on on common stockholders' equity. (Do not round Intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Req1 Reg 5 Reg 6 Req Reye Rey Reg 10 Compute the current ratio and acid-test ratio. (1) Choose Numerator Current assets Current Ratio Choose Denominator Current liabilities # Current Ratio Current ratio 1.0 101 97,760 (2) Choose Numerator Acid-Test Ratio Choose Denominator Acid Test Ratio Acid-Test Ratio 151 Red
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