Jimenez Corporation: Per Share Data for 2017 The Jimenez Corporation's forecasted 2017 financial statements follow, along with some industry average ratios. Calculate Jimenez's 2017 forecasted ratios, compare them with the industry average data, and comment briefly on Jimenez's projected strengths and weaknesses. limenez Comparation: Forecasted Balance Sheet as of December 31, 2017 EPS $4.71 $0.95 Cash dividends per share P/Cratiu 5.0 Market price (average) Number of shares outstanding $23.57 Assets Cash $72,000 23,000 439,000 Accounts Receivable Inventories Industry Ratias 814.000 $1,405,000 Quick ratio 1.0 Total Current Assets Fixed Assets Current ratin 2.7 131,000 51.835.000 Inventory Luinover 7.0 Days Total Asset Liabilities and Equity sales outstanding 32.0 days 13.0 Fixed assets turnover $ 232,000 Tatal assets turnover 2.6 Accounts Payable Notes Payable Accrual 100,000 Returri un assets 9.1% 170.000 Tutal current liabilities Return on equity $ 602,000 18.2% 3.5% Long-term debt 401,290 Profit margin on sales Debt-to-assets ratin 21.0% Common stock 575,000 Liabilities-to-assets ratia 50.0% Retained earnings 254.710 $11.826,000 P/E ratio 6.0 Total liabilities and equity 3.5 Price/Cash flow ratio Market Dook ratio 3.5 Jimenez Corporation: Forecasted Income Statement for 2017 Sales $4,290,000 2,580,000 370,320 159,000 Cost of goods sold (excluding depreciation) Selline, peneral, and administrative expenses Depreciation Earnings before taxes (CDT) Taxes (40%) Nct income $ 180,680 72,272 $ 108,409 Jimenez Corporation: Per Share Data for 2017 The Jimenez Corporation's forecasted 2017 financial statements follow, along with some industry average ratios. Calculate Jimenez's 2017 forecasted ratios, compare them with the industry average data, and comment briefly on Jimenez's projected strengths and weaknesses. limenez Comparation: Forecasted Balance Sheet as of December 31, 2017 EPS $4.71 $0.95 Cash dividends per share P/Cratiu 5.0 Market price (average) Number of shares outstanding $23.57 Assets Cash $72,000 23,000 439,000 Accounts Receivable Inventories Industry Ratias 814.000 $1,405,000 Quick ratio 1.0 Total Current Assets Fixed Assets Current ratin 2.7 131,000 51.835.000 Inventory Luinover 7.0 Days Total Asset Liabilities and Equity sales outstanding 32.0 days 13.0 Fixed assets turnover $ 232,000 Tatal assets turnover 2.6 Accounts Payable Notes Payable Accrual 100,000 Returri un assets 9.1% 170.000 Tutal current liabilities Return on equity $ 602,000 18.2% 3.5% Long-term debt 401,290 Profit margin on sales Debt-to-assets ratin 21.0% Common stock 575,000 Liabilities-to-assets ratia 50.0% Retained earnings 254.710 $11.826,000 P/E ratio 6.0 Total liabilities and equity 3.5 Price/Cash flow ratio Market Dook ratio 3.5 Jimenez Corporation: Forecasted Income Statement for 2017 Sales $4,290,000 2,580,000 370,320 159,000 Cost of goods sold (excluding depreciation) Selline, peneral, and administrative expenses Depreciation Earnings before taxes (CDT) Taxes (40%) Nct income $ 180,680 72,272 $ 108,409