In: Math
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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
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.
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: 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 ratios. Jimenez Corporation: Forecasted Balance Sheet as of December 31, 2020
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.
So, the firm appears to be -Select-badlywellItem 27 managed. |
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| Continue without saving |
In: Finance
What is the molar solubility of Fe(OH)3 in a solution
buffered at pH = 4.52? (See the appendix.)
M
What is the molar solubility at pH = 8.16?
M
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In: Chemistry
// -Type in your name in the space provided above in this
comment header.
// -Fill in the code that will perform the actions. See the
comments
// (in the code) that describes what to do.
// -The output must match the output given to you by the
instructor.
// -After the last brace, in this code on a new line, make a
comment
// stating your name and what your major is at
PSU.
//=====================================================================
import java.util.Scanner;
import java.util.*;
import java.util.ArrayList;
public class W7_InClass_Lab
{
static ArrayList<String> players = new
ArrayList<String>(Arrays.asList
("Frank", "Chase", "Ryan", "Carlos", "Cole", "Jimmy"));
//---------------------------------------------------------------------
public static void main(String[] args)
{
int n, idx;
boolean itWorked;
Scanner kb = new Scanner (System.in);
System.out.println ("\n(1-6): Testing student
knowldege with ArrayLists.");
System.out.println ("Before: " +
players.toString());
//-- (1) Check to see if "Carlos" is on the list.
Display a msg
//-- stating whether he is in the list or not.
//-- (2) Remove "Frank" from list.
//-- (3) Add "Pedro" to the list, before "Jimmy".
//-- (4) Add "Shane" to the end of list.
//-- (5) Find out how many players are in the
list.
//-- (6) Print out the Array List with all of the
changes.
System.out.println ("After: " +
players.toString()); // xxxx
//-- (7) Use the code below that converts an
integer to binary.
//-- Add code so there is a spave between
every 8 bits, to make the
//-- output more redable.
String binaryStr = "";
int saveInt, intValue, quotient, remainder;
int cnt = 0;
System.out.println ("\n(7) Converting an unsigned
Integer to binary.");
System.out.print ("Enter an integer value: ");
intValue = kb.nextInt();
if (intValue >= 0)
{
saveInt = intValue;
while (intValue > 0)
{
remainder =
intValue % 2;
intValue =
intValue / 2;
binaryStr =
(char)(remainder+48) + binaryStr;
}
System.out.printf ("After
Conversion: %d(10) = %s(2).\n", saveInt, binaryStr);
}
//-- (8) Use the array called grades, below.
//-- starting with index 0m use a for loop
to change every other
//-- grade to 100.
//-- Printf what the array was BEFORE the
changes, and AFTER then Changes.
System.out.println ("\n(8) Laying with an
array");
int grades[] = { 87, 95, 65, 70, 77, 99, 0, 65, 25, 80, 90, 11 };
//-- (9) Don't allow the quadratic formula below to
crash.
//-- Add checks for the two possible ways the formula
can crash.
//-- Print out different msgs stating what the problem
is,
//-- Otherwise do the calculations
double a, b, c;
double underRadical, denominator, answer1,
answer2;
System.out.println ("\n(9)Calculating the quadratic
formula: ");
System.out.print ("Enter a value for a: ");
a = kb.nextDouble();
System.out.print ("Enter a value for b: ");
b = kb.nextDouble();
System.out.print ("Enter a value for c: ");
c = kb.nextDouble();
underRadical = (b * b) - (4 * a * c);
denominator = 2 * a;
answer1 = ((-1.0 * b) - Math.sqrt(underRadical)) /
denominator;
answer2 = ((-1.0 * b) + Math.sqrt(underRadical)) /
denominator;
System.out.println();
System.out.printf ("Quad.Form., negative answer =
%.4f.\n", answer1);
System.out.printf ("Quad.Form., positive answer =
%.4f.\n", answer2);
} // end-main
} // end-class
In: Computer Science
5.32 Fuel efficiency of manual and automatic cars, Part I: Each year the US Environmental Protection Agency (EPA) releases fuel economy data on cars manufactured in that year. Below are summary statistics on fuel efficiency (in miles/gallon) from random samples of cars with manual and automatic transmissions manufactured in 2012. Do these data provide strong evidence of a difference between the average fuel efficiency of cars with manual and automatic transmissions in terms of their average city mileage? Assume that conditions for inference are satisfied.
| City MPG, Automatic | City MPG, Manual | |
|---|---|---|
| Mean | 16.12 | 19.85 |
| SD | 3.58 | 4.51 |
| n | 26 | 26 |
The hypotheses for this test are:
The test statistic is: (please round to two decimal
places)
The p-value is: (please round to four decimal
places)
Interpret the result of the hypothesis test in the context of the
problem:
In: Math
scenario:You have been asked to serve on a committee that
advises the World Bank about how to fund a healthcare system in the
developing world. As part of this role you need to design a
healthcare system for the country described below costing no more
than $500 million that keeps the largest possible number of people
healthy:
This country is about the size of Texas—250,000 square miles. A
mountain range separates the country into two regions.
Ten million people live in the coastal region, while five million
live in the inland region.
Half the people live in urban areas, and the other half are evenly
distributed through the country.
The coastal region has a hot, moist, tropical climate that supports
lush jungles and fertile farmland.
The inland region is dry and cool and is predominantly grassland
and forest.
The coastal region is well serviced by roads, but only about half
the people in the inland region have convenient access to
roads.
Only the largest cities and towns have modern sanitation.
Malnutrition and malaria are problems, few people are vaccinated,
and there is little health care currently available.
Most people grow their own food and have little extra money to
spend. Few children attend school.
Challenge: Think of health care options for this country in terms
of:
1. What are some options which should be included?
2. What are some options which should not be included ?
In: Economics
scenario:You have been asked to serve on a committee that
advises the World Bank about how to fund a healthcare system in the
developing world. As part of this role you need to design a
healthcare system for the country described below costing no more
than $500 million that keeps the largest possible number of people
healthy:
This country is about the size of Texas—250,000 square miles. A
mountain range separates the country into two regions.
Ten million people live in the coastal region, while five million
live in the inland region.
Half the people live in urban areas, and the other half are evenly
distributed through the country.
The coastal region has a hot, moist, tropical climate that supports
lush jungles and fertile farmland.
The inland region is dry and cool and is predominantly grassland
and forest.
The coastal region is well serviced by roads, but only about half
the people in the inland region have convenient access to
roads.
Only the largest cities and towns have modern sanitation.
Malnutrition and malaria are problems, few people are vaccinated,
and there is little health care currently available.
Most people grow their own food and have little extra money to
spend. Few children attend school.
Challenge: Think of health care options for this country in terms
of:
1. What are some options which should be included?
2. What are some options which should not be included ?
In: Economics
Fork Motor Company is an automobile manufacturer operating in the US.
It has divided its market into three regions and has built three regional distribution centers (RDC) to serve these markets. The RDCs are located in California, Florida and Texas.
The annual demand at each regional distribution center is estimated as follows and the company wants to meet all the demand.
- RDC – California: 1.5M automobiles (i.e., 1.5 million)
- RDC – Florida: 0.5M automobiles
- RDC – Texas: 1M automobiles
Fork Motor has two plants in Michigan and Nevada and wants to distribute the automobiles to the RDCs at the lowest cost. So they need to decide how many cars to ship from each of the plants to each of the RDCs to achieve minimum cost. You are asked to model and solve this allocation problem.
Below, you are given the shipping distance between Fork Motor’s facilities in miles.
|
Plant – Michigan |
Plant – Nevada |
|
|
RDC – California |
2000 |
300 |
|
RDC – Florida |
1000 |
1300 |
|
RDC – Texas |
1200 |
800 |
The head of supply chain informs you that you need to consider the capacity limits of the plants. The Michigan plant is much larger than the one in Nevada. He adds that the capacity limits are as follows:
- Plant – Michigan: 2.5M
- Plant – Nevada: 0.7M
The company estimates that transportation of each car will cost 8.53 dollars per mile.
What is the minimum cost of shipping cars to RDCs in million dollars?
In: Accounting