Need all 11 required answers to the questions, thank you so much! very important assignment so dont worry about the time it takes. 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) returnon equity. (Do not round intermediate calculations.)Complete this question by entering your answers in the tabs below.Req 1 and 2(1)Req 3(2)Compute the current ratio and acid-test ratio.Numerator:Current assets$Numerator:Req 4Current assetsReq 5100,900 1111Req 611 Current liabilities$Current RatioDenominator:Acid-Test RatioDenominator:Current liabilities< Req 1 and 2Req 7=26,200 ===Req 8Req 9Current RatioCurrent ratio3.9 to 1Acid-Test RatioAcid-Test Ratio0 to 1Req 3 >Req 10Req 11 Selected current year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amountsat December 31 of the prior year were inventory, $48,900; total assets, $229,400; common stock, $87,000; and retained earnings,$25,215.)AssetsCashShort-term investmentsAccounts receivable, netMerchandise inventoryPrepaid expensesPlant assets, netTotal assetsCABOT CORPORATIONIncome StatementCost of goods soldGross profitFor Current Year Ended December 31Sales$ 455,600297,050158,55099,0004,90054,65022,015$ 32,635Operating expensesInterest expense$ 8,0008,800Income before taxesIncome tax expenseNet incomeCABOT CORPORATIONBalance SheetDecember 31 of current yearLiabilities and EquityAccounts payableAccrued wages payableIncome taxes payableLong-term note payable, secured by mortgage on plant assetsCommon stockRetained earnings31, 20032,1503,100152,300$ 235,550 Total liabilities and equity$ 17,5003,4004,40065,40087,00057,850$ 235,550

Ratio analysis involves the calculation of ratios from the financial information provided by the…

Answered: Need all 11 required answers to the…

Need all 11 required answers to the questions, thank you so much! very important assignment so dont worry about the time it takes.

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter16: Financial Statement Analysis

Section: Chapter Questions

Problem 4PB

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