Selected current year-end financial statements of Cabot Corporation foliow. (All sales were on credit, selected...
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Selected current year-end financial statements of Cabot Corporation foliow. (All sales were on credit, selected balance sheet amounts at December 31 of the prioryearwere inventory, $52,900 : total as5ets, $229,400, common stock, $85,000; and retained earnings. $19,064. Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncolected, (4) inventory turnover, (5) days' sales in inventory. (6) debt-to-equity ratio, (7) times interest eamed. (8) profit margin ratio, (9) total asset furnover, (10) return on total assets, and (11) return on equity. (Do not round intermedlate calculations.) Complete this question by entering your answers in the tabs below. Compute the days' sales uncollected. Selected current yearend financial statements of Cabot Corporation follow. (All sales were on credit, selected balance sheet amour at December 31 of the prior yearwere inventory, $52,900; total assets, $229,400, common stock, $85,000 : and retained earnings. $19.064.1 Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) inventory turnover, (5) days' sales in inventon (6) debt-to-equity ratio. (7) times interest earned, (8) profit margin ratio, (9) total asset turnover, (10) retum on total assets, and (11) retur on equity. (Do not round intermedlate calculations.) Complete this question by entering your answers in the tabs below. Compute the inventory turnover. Selected current year-end financial statements of Cabot Corporation follow. (All sales were on credit: selected balance sheet amounts at December 31 of the prioryearwere inventory, $52,900; totai assets, $229,400; common stock, $85,000; and retained earnings, $19.064. Requlred: Compute the following: (7) current ratio, (2) acid-test ratio, (3) days' sales uncolected, (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) retum on total assets. and (1) retum on equity. (Do not round intermedlate calculations.) Complete this question by entering your answers in the tabs below. Compute the days' sales in inventory
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