11. Problem 3-19 Comprehensive Ratio Analysis Low Corporations forecasted 2022 financial statements follow, along with some industry average ratios. Calculate Lows 2022 forecasted ratios, compare them with the industry average data, and comment briefly on Lows projected strengths and weaknesses. Low Corporation: Forecasted Balance Sheet as at December 31, 2022 Cash $72,000 Accounts receivable 439,000 Inventories 894,000 Total current assets 1,405,000 Fixed assets 431,000 Total assets $ 1,836,000 Accounts payable $ 332,000 Notes payable 100,000 Accruals 170,000 Total current liabilities 602,000 Long-term debt 404,290 Common stock 575,000 Retained earnings 254,710 Total liabilities and equity $ 1,836,000 Low Corporation: Forecasted Income Statement for 20