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The Jimenez Corporation's forecasted 2 0 2 2 financial statements follow, along with some industry average ratios. Jimenez Corporation: Forecasted Balance Sheet as of December
The Jimenez Corporation's forecasted financial statements follow, along with some industry average ratios.
Jimenez Corporation: Forecasted Balance Sheet as of December
Jimenez Corporation: Forecasted Income Statement for
Ratio
Current ratio
Inventory turnover
Days sales outstanding
Fixed assets turnover
Total assets turnover
Return on assets
Return on equity
Profit margin on sales
Debttoassets ratio
Liabilitiestoassets ratio
ratio
MarketBook ratio
Notes:
Industry average ratios have been stable for the past years.
Based on yearend balance sheet figures.
Calculation is based on a day year.
Calculate Jimenez's forecasted ratios, compare them with the industry average data, and comment briefly on Jim
weaknesses. Assume that there are no changes from the prior period to any of the operating balance sheet accounts.
calculation. Round your answers to two decimal places.
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