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Jimenez Corporation: Forecasted Balance Sheet as of December 31, 2022 Jimenez Corporation: Forecasted Income Statement for 2022 Ratio Industry Average Quick ratio 1.0 Current ratio

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Jimenez Corporation: Forecasted Balance Sheet as of December 31, 2022 Jimenez Corporation: Forecasted Income Statement for 2022 Ratio Industry Average Quick ratio 1.0 Current ratio 2.7 Inventory trnover b 7.0 Days sales outstanding c 32.0 days Fixed assets turnover b 13.0 Total assets turnover b 2.6 Return on assets 9. 1% Return on equity Profit margin on sales Debt-to-assets ratio Liabilities-to-assets ratio P/E ratio Market/Book ratio Notes: andustry average ratios have been stable for the past 4 years. based on year-end balance sheet figures. 'Calculation is based on a 365 -day year. Caiculate Jimenez's 2022 forecasted ratios, cempare them with the industry averege doto; and cormment briafly on. Jimenez's projected qtrengths and weakinesses. Assume that there are no changes from the priof period to any of the opereting balance sheet accounts. Do not round intermedate calculation. kound your answers to twe decimal ploces

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