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The Jimenez Corporation's forecasted 2020 financial statements follow, along with some industry average ratios. Jimenez Corporation:...

The Jimenez Corporation's forecasted 2020 financial statements follow, along with some industry average ratios.

Jimenez Corporation: Forecasted Balance Sheet as of December 31, 2020

Assets
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
Liabilities and Equity
Accounts payable $   332,000
Notes payable    120,000
Accruals 150,000
  Total current liabilities $   602,000
Long-term debt 403,510
Common stock 575,780
Retained earnings 254,710
Total liabilities and equity $1,836,000
Jimenez Corporation: Forecasted Income Statement for 2020
Sales $4,290,000
Cost of goods sold 3,719,000
Selling, general, and administrative expenses 396,456
  Earnings before interest and taxes (EBIT) $   174,544
Interest expense 30,000
  Earnings before taxes (EBT) $   144,544
Taxes (25%) 36,136
Net income $   108,408
Jimenez Corporation: Per Share Data for 2020
EPS $  4.71
Cash dividends per share $  0.95
P/E ratio 4.0
Market price (average) $18.85
Number of shares outstanding 23,000

Industry Ratiosa
Quick ratio 1.0
Current ratio 2.7
Inventory turnoverb 7.0
Days sales outstandingc 32.0 days
Fixed assets turnoverb 13.0
Total assets turnoverb 2.6
Return on assets 9.1 %
Return on equity 18.2 %
Profit margin on sales 3.5 %
Debt-to-assets ratio 21.0 %
Liabilities-to-assets ratio 50.0 %
P/E ratio 5.0
Market/Book ratio 3.5
Notes:
aIndustry average ratios have been stable for the past 4 years.
bBased on year-end balance sheet figures.
cCalculation is based on a 365-day year.

Calculate Jimenez's 2020 forecasted ratios, compare them with the industry average data, and comment briefly on Jimenez's projected strengths and weaknesses. Assume that there are no changes from the prior period to any of the operating balance sheet accounts. Do not round intermediate calculation. Round your answers to two decimal places.

Ratios Firm Industry Comment
Quick ratio 1.0 -Select-StrongWeakItem 2
Current ratio 2.7 -Select-StrongWeakItem 4
Inventory turnover 7.0 -Select-PoorHighItem 6
Days sales outstanding days 32 days   -Select-PoorHighItem 8
Fixed assets turnover 13.0   -Select-PoorHighItem 10
Total assets turnover 2.6 -Select-PoorHighItem 12
Return on assets %    9.1% -Select-BadGoodItem 14
Return on equity % 18.2% -Select-BadGoodItem 16
Profit margin on sales %   3.5% -Select-BadGoodItem 18
Debt-to-assets ratio % 21.0% -Select-LowHighItem 20
Liabilities-to-assets ratio % 50.0% -Select-LowHighItem 22
P/E ratio 5.0 -Select-PoorHighItem 24
Market/Book ratio 3.5 -Select-PoorHighItem 26

So, the firm appears to be -Select-badlywellItem 27 managed.

In: Finance

Comprehensive Ratio Analysis The Jimenez Corporation's forecasted 2020 financial statements follow, along with some industry average...

Comprehensive Ratio Analysis

The Jimenez Corporation's forecasted 2020 financial statements follow, along with some industry average ratios.

Jimenez Corporation: Forecasted Balance Sheet as of December 31, 2020

Assets
Cash $    71,000
Accounts receivable 439,000
Inventories 895,000
  Total current assets $1,405,000
Fixed assets 431,000
Total assets $1,836,000
Liabilities and Equity
Accounts payable $   332,000
Notes payable    110,000
Accruals 160,000
  Total current liabilities $   602,000
Long-term debt 403,490
Common stock 575,800
Retained earnings 254,710
Total liabilities and equity $1,836,000
Jimenez Corporation: Forecasted Income Statement for 2020
Sales $4,290,000
Cost of goods sold 3,713,000
Selling, general, and administrative expenses 411,456
  Earnings before interest and taxes (EBIT) $   165,544
Interest expense 30,000
  Earnings before taxes (EBT) $   135,544
Taxes (25%) 33,886
Net income $   101,658
Jimenez Corporation: Per Share Data for 2020
EPS $  4.42
Cash dividends per share $  0.95
P/E ratio 5.0
Market price (average) $22.10
Number of shares outstanding 23,000

Industry Ratiosa
Quick ratio 1.0
Current ratio 2.7
Inventory turnoverb 7.0
Days sales outstandingc 32.0 days
Fixed assets turnoverb 13.0
Total assets turnoverb 2.6
Return on assets 9.1 %
Return on equity 18.2 %
Profit margin on sales 3.5 %
Debt-to-assets ratio 21.0 %
Liabilities-to-assets ratio 50.0 %
P/E ratio 6.0
Market/Book ratio 3.5
Notes:
aIndustry average ratios have been stable for the past 4 years.
bBased on year-end balance sheet figures.
cCalculation is based on a 365-day year.

Calculate Jimenez's 2020 forecasted ratios, compare them with the industry average data, and comment briefly on Jimenez's projected strengths and weaknesses. Assume that there are no changes from the prior period to any of the operating balance sheet accounts. Do not round intermediate calculation. Round your answers to two decimal places.

Ratios Firm Industry Comment
Quick ratio 1.0 -Select-StrongWeakItem 2
Current ratio 2.7 -Select-StrongWeakItem 4
Inventory turnover 7.0 -Select-PoorHighItem 6
Days sales outstanding days 32 days   -Select-PoorHighItem 8
Fixed assets turnover 13.0   -Select-PoorHighItem 10
Total assets turnover 2.6 -Select-PoorHighItem 12
Return on assets %    9.1% -Select-BadGoodItem 14
Return on equity % 18.2% -Select-BadGoodItem 16
Profit margin on sales %   3.5% -Select-BadGoodItem 18
Debt-to-assets ratio % 21.0% -Select-LowHighItem 20
Liabilities-to-assets ratio % 50.0% -Select-LowHighItem 22
P/E ratio 6.0 -Select-PoorHighItem 24
Market/Book ratio 3.5 -Select-PoorHighItem 26

So, the firm appears to be -Select-badlywellItem 27 managed.

In: Finance

Comprehensive Ratio Analysis The Jimenez Corporation's forecasted 2020 financial statements follow, along with some industry average...

Comprehensive Ratio Analysis

The Jimenez Corporation's forecasted 2020 financial statements follow, along with some industry average ratios.

Jimenez Corporation: Forecasted Balance Sheet as of December 31, 2020

Assets
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
Liabilities and Equity
Accounts payable $   332,000
Notes payable    112,000
Accruals 158,000
  Total current liabilities $   602,000
Long-term debt 404,230
Common stock 575,060
Retained earnings 254,710
Total liabilities and equity $1,836,000
Jimenez Corporation: Forecasted Income Statement for 2020
Sales $4,290,000
Cost of goods sold 3,690,000
Selling, general, and administrative expenses 414,456
  Earnings before interest and taxes (EBIT) $   185,544
Interest expense 50,000
  Earnings before taxes (EBT) $   135,544
Taxes (25%) 33,886
Net income $   101,658
Jimenez Corporation: Per Share Data for 2020
EPS $  4.42
Cash dividends per share $  0.95
P/E ratio 4.0
Market price (average) $17.68
Number of shares outstanding 23,000

Industry Ratiosa
Quick ratio 1.0
Current ratio 2.7
Inventory turnoverb 7.0
Days sales outstandingc 32.0 days
Fixed assets turnoverb 13.0
Total assets turnoverb 2.6
Return on assets 9.1 %
Return on equity 18.2 %
Profit margin on sales 3.5 %
Debt-to-assets ratio 21.0 %
Liabilities-to-assets ratio 50.0 %
P/E ratio 5.0
Market/Book ratio 3.5
Notes:
aIndustry average ratios have been stable for the past 4 years.
bBased on year-end balance sheet figures.
cCalculation is based on a 365-day year.

Calculate Jimenez's 2020 forecasted ratios, compare them with the industry average data, and comment briefly on Jimenez's projected strengths and weaknesses. Assume that there are no changes from the prior period to any of the operating balance sheet accounts. Do not round intermediate calculation. Round your answers to two decimal places.

Ratios Firm Industry Comment
Quick ratio 1.0 -Select-StrongWeakItem 2
Current ratio 2.7 -Select-StrongWeakItem 4
Inventory turnover 7.0 -Select-PoorHighItem 6
Days sales outstanding days 32 days   -Select-PoorHighItem 8
Fixed assets turnover 13.0   -Select-PoorHighItem 10
Total assets turnover 2.6 -Select-PoorHighItem 12
Return on assets %    9.1% -Select-BadGoodItem 14
Return on equity % 18.2% -Select-BadGoodItem 16
Profit margin on sales %   3.5% -Select-BadGoodItem 18
Debt-to-assets ratio % 21.0% -Select-LowHighItem 20
Liabilities-to-assets ratio % 50.0% -Select-LowHighItem 22
P/E ratio 5.0 -Select-PoorHighItem 24
Market/Book ratio 3.5 -Select-PoorHighItem 26

So, the firm appears to be -Select-badlywellItem 27 managed.
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In: Finance

The Jimenez Corporation's forecasted 2020 financial statements follow, along with some industry average ratios. Jimenez Corporation:...

The Jimenez Corporation's forecasted 2020 financial statements follow, along with some industry average ratios.

Jimenez Corporation: Forecasted Balance Sheet as of December 31, 2020

Assets
Cash $    73,000
Accounts receivable 439,000
Inventories 893,000
  Total current assets $1,405,000
Fixed assets 431,000
Total assets $1,836,000
Liabilities and Equity
Accounts payable $   332,000
Notes payable    120,000
Accruals 150,000
  Total current liabilities $   602,000
Long-term debt 403,700
Common stock 575,590
Retained earnings 254,710
Total liabilities and equity $1,836,000
Jimenez Corporation: Forecasted Income Statement for 2020
Sales $4,290,000
Cost of goods sold 3,701,000
Selling, general, and administrative expenses 397,456
  Earnings before interest and taxes (EBIT) $   191,544
Interest expense 50,000
  Earnings before taxes (EBT) $   141,544
Taxes (25%) 35,386
Net income $   106,158
Jimenez Corporation: Per Share Data for 2020
EPS $  4.62
Cash dividends per share $  0.95
P/E ratio 5.0
Market price (average) $23.08
Number of shares outstanding 23,000

Industry Ratiosa
Quick ratio 1.0
Current ratio 2.7
Inventory turnoverb 7.0
Days sales outstandingc 32.0 days
Fixed assets turnoverb 13.0
Total assets turnoverb 2.6
Return on assets 9.1 %
Return on equity 18.2 %
Profit margin on sales 3.5 %
Debt-to-assets ratio 21.0 %
Liabilities-to-assets ratio 50.0 %
P/E ratio 6.0
Market/Book ratio 3.5
Notes:
aIndustry average ratios have been stable for the past 4 years.
bBased on year-end balance sheet figures.
cCalculation is based on a 365-day year.

Calculate Jimenez's 2020 forecasted ratios, compare them with the industry average data, and comment briefly on Jimenez's projected strengths and weaknesses. Assume that there are no changes from the prior period to any of the operating balance sheet accounts. Do not round intermediate calculation. Round your answers to two decimal places.

Ratios Firm Industry Comment
Quick ratio 1.0 -Select-StrongWeakItem 2
Current ratio 2.7 -Select-StrongWeakItem 4
Inventory turnover 7.0 -Select-PoorHighItem 6
Days sales outstanding days 32 days   -Select-PoorHighItem 8
Fixed assets turnover 13.0   -Select-PoorHighItem 10
Total assets turnover 2.6 -Select-PoorHighItem 12
Return on assets %    9.1% -Select-BadGoodItem 14
Return on equity % 18.2% -Select-BadGoodItem 16
Profit margin on sales %   3.5% -Select-BadGoodItem 18
Debt-to-assets ratio % 21.0% -Select-LowHighItem 20
Liabilities-to-assets ratio % 50.0% -Select-LowHighItem 22
P/E ratio 6.0 -Select-PoorHighItem 24
Market/Book ratio 3.5 -Select-PoorHighItem 26

So, the firm appears to be -Select-badlywellItem 27 managed.

In: Finance

Comprehensive Ratio Analysis The Jimenez Corporation's forecasted 2020 financial statements follow, along with some industry average...

Comprehensive Ratio Analysis

The Jimenez Corporation's forecasted 2020 financial statements follow, along with some industry average ratios.

Jimenez Corporation: Forecasted Balance Sheet as of December 31, 2020

Assets
Cash $    68,000
Accounts receivable 439,000
Inventories 898,000
  Total current assets $1,405,000
Fixed assets 431,000
Total assets $1,836,000
Liabilities and Equity
Accounts payable $   332,000
Notes payable    114,000
Accruals 156,000
  Total current liabilities $   602,000
Long-term debt 404,260
Common stock 575,030
Retained earnings 254,710
Total liabilities and equity $1,836,000
Jimenez Corporation: Forecasted Income Statement for 2020
Sales $4,290,000
Cost of goods sold 3,692,000
Selling, general, and administrative expenses 406,456
  Earnings before interest and taxes (EBIT) $   191,544
Interest expense 40,000
  Earnings before taxes (EBT) $   151,544
Taxes (25%) 37,886
Net income $   113,658
Jimenez Corporation: Per Share Data for 2020
EPS $  4.94
Cash dividends per share $  0.95
P/E ratio 4.0
Market price (average) $19.77
Number of shares outstanding 23,000

Industry Ratiosa
Quick ratio 1.0
Current ratio 2.7
Inventory turnoverb 7.0
Days sales outstandingc 32.0 days
Fixed assets turnoverb 13.0
Total assets turnoverb 2.6
Return on assets 9.1 %
Return on equity 18.2 %
Profit margin on sales 3.5 %
Debt-to-assets ratio 21.0 %
Liabilities-to-assets ratio 50.0 %
P/E ratio 5.0
Market/Book ratio 3.5
Notes:
aIndustry average ratios have been stable for the past 4 years.
bBased on year-end balance sheet figures.
cCalculation is based on a 365-day year.

Calculate Jimenez's 2020 forecasted ratios, compare them with the industry average data, and comment briefly on Jimenez's projected strengths and weaknesses. Assume that there are no changes from the prior period to any of the operating balance sheet accounts. Do not round intermediate calculation. Round your answers to two decimal places.

Ratios Firm Industry Comment
Quick ratio 1.0 -Select-StrongWeakItem 2
Current ratio 2.7 -Select-StrongWeakItem 4
Inventory turnover 7.0 -Select-PoorHighItem 6
Days sales outstanding days 32 days   -Select-PoorHighItem 8
Fixed assets turnover 13.0   -Select-PoorHighItem 10
Total assets turnover 2.6 -Select-PoorHighItem 12
Return on assets %    9.1% -Select-BadGoodItem 14
Return on equity % 18.2% -Select-BadGoodItem 16
Profit margin on sales %   3.5% -Select-BadGoodItem 18
Debt-to-assets ratio % 21.0% -Select-LowHighItem 20
Liabilities-to-assets ratio % 50.0% -Select-LowHighItem 22
P/E ratio 5.0 -Select-PoorHighItem 24
Market/Book ratio 3.5 -Select-PoorHighItem 26

So, the firm appears to be -Select-badlywellItem 27 managed.
Continue without saving

In: Finance

Record the property tax revenue deferred of $62,000 that is required by the GASB. The current...

Record the property tax revenue deferred of $62,000 that is required by the GASB. The current property taxes receivable of $500,000 less the revenue deferred of $62,000 in K are classified as delinquent along with the amount that is required by the GASB. On Dec. 2, purchase orders were issued for supplies in the amount of $440,000. On December 15, supplies, relating to all of the prior year purchase orders ($400,000), were received along with invoices amounting to $397,000. Received 6% interest revenue on the Investments (beg. Balance) in cash. Record the closing entry. Remember that the actual revenues is closed by a debit with a credit to Estimated Revenues and the balance to Fund Balance. Record the closing entry. Remember that the actual expenditures and the balance in Encumbrances is closed by a credit with a debit to Appropriations and the balance to Fund Balance. Prepare a 12/31/14 Balance Sheet assuming the beginning balances and journal entries A to Q and the books have been closed out to Fund Balance.

In: Accounting

1) Where do community level theories “fit” into the Ecological Framework OR the Theory of Triadic...

1) Where do community level theories “fit” into the Ecological Framework OR the Theory of Triadic influence presented at the beginning of this course?
2) Could we use concepts/constructs from BOTH diffusion of innovation AND Social Capital Theory in an intervention to increase the use of a new community walking trail?
3) What constructs or ideas from each could be targeted and how?

In: Nursing

In 650 words or more, identify an organization of your choice (public or private) for the...

In 650 words or more, identify an organization of your choice (public or private) for the project.

  • What are the competitive forces the organization you selected faces and what is their position in the market?
  • What resources and capabilities do they possess that make them strategically competitive?
  • What is their approach to strategic innovation?
  • What is their "make or buy strategy" if applicable?
  • What strategic alliances have they undertaken, if any?

In: Economics

To what degree would you characterize Given's development of the camera pill as "science-push” versus "demand-pull”?...

To what degree would you characterize Given's development of the camera pill as "science-push” versus "demand-pull”?

Please answer in more than 350 words with real life example.

Answer in word format only. Please add real life example in the discussion. No copy paste from wikipedia or other sites

Thanks

Subject: Management of Technological Innovation

In: Operations Management

Pick a company you are familiar with. Can you identify some of its core competencies? Dont...

Pick a company you are familiar with. Can you identify some of its core competencies?

Dont copy paste from the websites.

Please answer in more than 350 words and only in word format no images.

Please answer all the questions asked. Explain some background of the company and then explain its core competencies.

Subject: Management of Technological Innovation

Thanks

In: Operations Management