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, $51,900; total assets, $179,400; common stock, $87,000; and retained earnings, $34,795.) CABOT CORPORATION
Balance Sheet
December 31 of current year
Assets Liabilities and Equity
Cash $ 16,000 Accounts payable $ 17,500
Short-term investments 8,200 Accrued wages payable 4,400
Accounts receivable, net 29,600 Income taxes payable 4,200
Merchandise inventory 38,150 Long-term note payable, secured by mortgage on plant assets 68,400
Prepaid expenses 2,500 Common stock 87,000
Plant assets, net 150,300 Retained earnings 63,250
Total assets $ 244,750 Total liabilities and equity $ 244,750

CABOT CORPORATION
Income Statement
For Current Year Ended December 31
Sales $ 448,600
Cost of goods sold 297,350
Gross profit 151,250
Operating expenses 99,300
Interest expense 4,300
Income before taxes 47,650
Income tax expense 19,195
Net income $ 28,455

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. (Do not round intermediate calculations.)