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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, $$48,900$; total assets, $$189,400$; common stock, $$90,000$; and retained earnings, $$33,748.)$

CABOT CORPORATION

Balance Sheet

December $31$ of current year

Assets Liabilities and Equity

Cash $ $10,000$ Accounts payable $ $17,500$

Short$-$term investments $8,400$ Accrued wages payable $3,200$

Accounts receivable, net $33,700$ Income taxes payable $3,300$

Merchandise inventory $32,150$ Long$-$term note payable, secured by mortgage on plant assets $63,400$

Prepaid expenses $2,650$ Common stock $90,000$

Plant assets, net $153,300$ Retained earnings $62,800$

Total assets $ $240,200$ Total liabilities and equity $ $240,200$

CABOT CORPORATION

Income Statement

For Current Year Ended December $31$

Sales $ $448,600$

Cost of goods sold $297,250$

Gross profit $151,350$

Operating expenses $98,600$

Interest expense $4,100$

Income before taxes $48,650$

Income tax expense $19,598$

Net income $ $29,052$

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 equity.

Note: Do not round intermediate

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