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# (Solved): Problem 13-4A (Algo) Calculating financial statement ratios LO P3 Selected current year-end financi ...

Problem 13-4A (Algo) Calculating financial statement ratios LO P3 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,

`\$53,900`

; total assets,

`\$229,400`

; common stock,

`\$80,000`

; and retained earnings,

`\$41,711`

. 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 calculations. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 5 Req 6 Req 7

`Req8`

Req 9 Req 10 Req 11 Compute the current ratio and acid-test ratio.

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