Questions
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

Edgerron Company is able to produce two products, G and B, with the same machine in...

Edgerron Company is able to produce two products, G and B, with the same machine in its factory. The following information is available.

Product G Product B
Selling price per unit $ 132 $ 160
Variable costs per unit 50 96
Contribution margin per unit $ 82 $ 64
Machine hours to produce 1 unit 0.4 hours 1.0 hours
Maximum unit sales per month 600 units 150 units


The company presently operates the machine for a single eight-hour shift for 22 working days each month. Management is thinking about operating the machine for two shifts, which will increase its productivity by another eight hours per day for 22 days per month. This change would require $8,000 additional fixed costs per month. (Round hours per unit answers to 1 decimal place. Enter operating losses, if any, as negative values.)

1. Determine the contribution margin per machine hour that each product generates.
Product G Product B
Contribution margin per unit $82.00 $64.00
Machine hours per unit 0.4 1.0
Contribution margin per machine hour $205.00 $64.00
Product G Product B Total
Maximum number of units to be sold 600 150
Hours required to produce maximum units 160 150 310
2. How many units of Product G and Product B should the company produce if it continues to operate with only one shift? How much total contribution margin does this mix produce each month?
Product G Product B Total
Hours dedicated to the production of each product 176 176
Units produced for most profitable sales mix 440
Contribution margin per unit $82.00
Total contribution margin - one shift $36,080 $36,080
3. If the company adds another shift, how many units of Product G and Product B should it produce? How much total contribution margin would this mix produce each month?
Product G Product B Total
Hours dedicated to the production of each product 160 160
Units produced for most profitable sales mix 600
Contribution margin per unit $82.00
Total contribution margin - two shifts $49,200
4. Suppose that the company determines that it can increase Product G’s maximum sales to 700 units per month by spending $7,000 per month in marketing efforts. Should the company pursue this strategy and the double shift?
Product G Product B Total
Hours dedicated to the production of each product
Units produced for most profitable sales mix
Contribution margin per unit
Total contribution margin - two shifts and marketing campaign

In: Accounting

I am working on creating a Broadcast Receiver. I am extremely new to Android development and...

I am working on creating a Broadcast Receiver. I am extremely new to Android development and Java. I added my code at the bottom. Whenever I press the button the app crashes. I'm assuming something is wrong with connecting the broadcastIntent() function. I appreciate any help :)

Here are the directions from my professor:

  1. Create an empty project
  2. Create a method in MainActivity.java which creates a Broadcast.

public void broadcastIntent(View view){
       Intent intent = new Intent();
       intent.setAction("my.CUSTOM_INTENT"); sendBroadcast(intent);
   }

  1. Add a button to activity_main.xml and link it to this method.
  2. Is it working? How can you test it? STOP
  3. Create a Broadcast Receiver (accept defaults)
  4. Add the following code to your receiver in onReceive() : (remember to comment out the auto generated exception!) what’s an exception?
Toast.makeText(context, "Intent Detected.", Toast.LENGTH_LONG).show();
  1. Edit your manifest by adding the following as a child node of <receiver>
<intent-filter>
    <action android:name="my.CUSTOM_INTENT"></action>
</intent-filter>
  1. RUN it

MY CODE:

<main activity>

import androidx.appcompat.app.AppCompatActivity;

import android.content.Intent;
import android.os.Bundle;
import android.view.View;
import android.widget.Button;
import android.widget.Toast;

public class MainActivity extends AppCompatActivity {
    private Button mybutton;

    @Override
    protected void onCreate(Bundle savedInstanceState) {
        super.onCreate(savedInstanceState);
        setContentView(R.layout.activity_main);
        Button mybutton = (Button) findViewById(R.id.mybutton);
        broadcastIntent( );
    }

    private void broadcastIntent() {
        Intent intent = new Intent();
        intent.setAction("my.CUSTOM_INTENT");
        sendBroadcast(intent);
        }

}

<activity xml>

<?xml version="1.0" encoding="utf-8"?>
<androidx.constraintlayout.widget.ConstraintLayout xmlns:android="http://schemas.android.com/apk/res/android"
    xmlns:app="http://schemas.android.com/apk/res-auto"
    xmlns:tools="http://schemas.android.com/tools"
    android:layout_width="match_parent"
    android:layout_height="match_parent"
    tools:context=".MainActivity">

    <Button
        android:id="@+id/mybutton"
        android:layout_width="wrap_content"
        android:layout_height="wrap_content"
        android:layout_marginTop="235dp"
        android:layout_marginEnd="146dp"
        android:layout_marginRight="146dp"
        android:onClick="broadcastIntent"
        android:text="Button"
        app:layout_constraintEnd_toEndOf="parent"
        app:layout_constraintTop_toTopOf="parent" />

</androidx.constraintlayout.widget.ConstraintLayout>

<manifest>

<?xml version="1.0" encoding="utf-8"?>
<manifest xmlns:android="http://schemas.android.com/apk/res/android"
    package="com.example.ica4_broadcast">

    <application
        android:allowBackup="true"
        android:icon="@mipmap/ic_launcher"
        android:label="@string/app_name"
        android:roundIcon="@mipmap/ic_launcher_round"
        android:supportsRtl="true"
        android:theme="@style/Theme.ICA4Broadcast">
        <activity android:name=".MainActivity">
            <intent-filter>
                <action android:name="android.intent.action.MAIN" />
                <category android:name="android.intent.category.LAUNCHER" />
            </intent-filter>
        </activity>

        <receiver android:name=".MyReceiver" android:exported="true">
            <intent-filter>
                <action android:name="my.CUSTOM_INTENT"/>
            </intent-filter>
        </receiver>

    </application>

</manifest>

<my receiver>

package com.example.ica4_broadcast;

import android.content.BroadcastReceiver;
import android.content.Context;
import android.content.Intent;
import android.widget.Toast;

public class MyReceiver extends BroadcastReceiver {
    @Override
    public void onReceive(Context context, Intent intent) {
            Toast.makeText(context, "Intent Detected" + intent.getAction(), Toast.LENGTH_LONG).show();

    }
}

In: Computer Science

7.26 LAB: Nutritional information (classes/constructors) Given main(), complete the FoodItem class (in files FoodItem.h and FoodItem.cpp)...

7.26 LAB: Nutritional information (classes/constructors)

Given main(), complete the FoodItem class (in files FoodItem.h and FoodItem.cpp) with constructors to initialize each food item. The default constructor should initialize the name to "None" and all other fields to 0.0. The second constructor should have four parameters (food name, grams of fat, grams of carbohydrates, and grams of protein) and should assign each private field with the appropriate parameter value.

Ex: If the input is:

M&M's
10.0
34.0
2.0
1.0

where M&M's is the food name, 10.0 is the grams of fat, 34.0 is the grams of carbohydrates, 2.0 is the grams of protein, and 1.0 is the number of servings, the output is:

Nutritional information per serving of None:
   Fat: 0.00 g
   Carbohydrates: 0.00 g
   Protein: 0.00 g
Number of calories for 1.00 serving(s): 0.00


Nutritional information per serving of M&M's:
   Fat: 10.00 g
   Carbohydrates: 34.00 g
   Protein: 2.00 g
Number of calories for 1.00 serving(s): 234.00

The first FoodItem above is initialized using the default constructor

__________________________________________________________

Given Code:

main.cpp

#include "FoodItem.h"
#include <stdio.h>
#include <iostream>

using namespace std;

int main(int argc, char* argv[]) {
FoodItem FoodItem1;

string itemName;
double amountFat, amountCarbs, amountProtein;

cin >> itemName;
cin >> amountFat;
cin >> amountCarbs;
cin >> amountProtein;

FoodItem FoodItem2 = FoodItem(itemName, amountFat, amountCarbs, amountProtein);

double numServings;
cin >> numServings;

FoodItem1.PrintInfo();
printf("Number of calories for %.2f serving(s): %.2f\n", numServings,
FoodItem1.GetCalories(numServings));
cout << endl << endl;

FoodItem2.PrintInfo();
printf("Number of calories for %.2f serving(s): %.2f\n", numServings,
FoodItem2.GetCalories(numServings));

return 0;
}

______________________________________________________________
FoodItem.h

#ifndef FOODITEMH
#define FOODITEMH

#include <string>

using namespace std;

class FoodItem {
public:
// TODO: Declare default constructor

// TODO: Declare second constructor with arguments
// to initialize private data members

string GetName();

double GetFat();

double GetCarbs();

double GetProtein();

double GetCalories(double numServings);

void PrintInfo();

private:
string name;
double fat;
double carbs;
double protein;
};

#endif

_____________________________________________________________

FoodItem.cpp

#include "FoodItem.h"
#include <stdio.h>

// Define default constructor

// Define second constructor with arguments
// to initialize private data members

string FoodItem::GetName() {
return name;
}

double FoodItem::GetFat() {
return fat;
}

double FoodItem::GetCarbs() {
return carbs;
}

double FoodItem::GetProtein() {
return protein;
}

double FoodItem::GetCalories(double numServings) {
// Calorie formula
double calories = ((fat * 9) + (carbs * 4) + (protein * 4)) * numServings;
return calories;
}

void FoodItem::PrintInfo() {
printf("Nutritional information per serving of %s:\n", name.c_str());
printf(" Fat: %.2f g\n", fat);
printf(" Carbohydrates: %.2f g\n", carbs);
printf(" Protein: %.2f g\n", protein);
}

In: Computer Science

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

What are the two types of variances which can occur in your data? ANOVA and ANCOVA/Experimenter...

What are the two types of variances which can occur in your data? ANOVA and ANCOVA/Experimenter and participant/Between and within group/Independent and confounding. What test statistic is used to test the hypothesis in ANOVA? Mann Whitney/Chi square/R ratios/F test (score). How many dependent variables must you have for an ANOVA to be conducted? 3 ratio variables/2 nominal variables/Only 1 continuous or interval scale variable/None of these. Which of the following assumptions must be met to use an ANOVA? There is homogeneity of variance/Random sampling of cases must have taken place/There is only one dependent variable/All of these. What must a Levene's test be in order to use an ANOVA? Significant at sig (p) < 0.001/Non-significant at or above sig (p) > 0.05/Significant at sig (p) < 0.01/Non-significant at sig (p) < 0.001. What two pieces of information on ANOVA output will help decide whether to reject (or failure to reject) the null hypothesis? Descriptive statistics box/ The Sig. column and F-value column of the ANOVA table/The Sig. column of the Levene's test/The Sig. column of the multiple comparisons. What would you use to determine whether significant differences were observed between any or all levels of your independent variable? Box-plots/F statistic/Post-hoc tests/Histograms. What must you include when reporting an ANOVA? P value/F statistic/Degrees of freedom/All of these. How many dependent variables are there in a two-way ANOVA? 5/4/1/2. Analysis of variance is a statistical method of finding differences in ________ of several populations. standard deviations/variances/means/proportions/none of the above. The ________ sum of squares measures the variability due to individual differences, experimental error, and effect of treatment. Between Groups/Within group/Interaction/Total. Which of the following is an assumption of one-way ANOVA comparing samples from three or more experimental treatments? Dependent variable(s) is normally distributed/The samples are randomly selected and are independent from all other samples/Groups have equal variances/All of the above. As variability due to chance (SS within) decreases, the value of F will/Increase/stay the same/decrease/can't tell from the given information. If the group means were identical (yes, this is extremely unlikely), what would be the observed value of F-score? 1.0/0.0/A value between 0.0 and 1.0 d. A negative value/Infinite. A marketing manager wishes to test for differences in mean sales for three stores during holiday season. The significance level for the test will be 0.05. The null hypothesis for this analysis is: H0 = Not all store sales have the same mean./H0 = least one of the store sales has a different mean./Ho= Mean 1= Mean 2= Mean 3/None of these.

In: Math

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.

Continue without saving

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

What is the molar solubility of Fe(OH)3 in a solution buffered at pH = 4.52? (See...

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

Substance Ksp at 25 oC
Aluminum
Al(OH)3 1.9 x 10-33
Barium
Ba(OH)2 5.0 x 10-3
BaCO3 8.1 x 10-9
BaSO4 1.1 x 10-10
Ba3(PO4)2 3.4 x 10-23
Cadmium
Cd(OH)2 2.5 x 10-14
CdCO3 5.2 x 10-12
CdS 8.0 x 10-27
Calcium
Ca(OH)2 5.5 x 10-6
CaCO3 4.8 x 10-9
Ca3(PO4)2 1.0 x 10-26
CaF2 3.9 x 10-11
Chromium
Cr(OH)3 6.3 x 10-31
Cobalt
Co(OH)2 1.6 x 10-15
CoS 4.0 x 10-21
Copper
Cu(OH)2 2.2 x 10-20
Cu2S 1.6 x 10-48
CuCO3 1.4 x 10-10
CuS 6.3 x 10-36
Iron
Fe(OH)2 8.0 x 10-16
FeS 6.3 x 10-18
Fe(OH)3 2.5 x 10-39
FePO4 9.9 x 10-29
Lead
Pb(OH)2 2.8 x 10-16
PbF2 3.7 x 10-8
PbCl2 1.7 x 10-5
PbBr2 6.3 x 10-6
PbI2 6.5 x 10-9
PbCrO4 1.8 x 10-14
PbSO4 1.7 x 10-8
PbS 8.4 x 10-28
Magnesium
Mg(OH)2 1.8 x 10-11
Manganese
Mn(OH)2 1.9 x 10-13
MnCO3 8.8 x 10-11
MnS 5.6 x 10-16
Nickel
Ni(OH)2 1.6 x 10-14
Silver
AgCl 1.8 x 10-10
AgBr 5.0 x 10-13
AgI 8.3 x 10-17
AgCN 1.2 x 10-16
Ag2S 6.3 x 10-50
Ag2CrO4 1.1 x 10-12
Ag3PO4 2.6 x 10-18
Tin
Sn(OH)2 1.4 x 10-28
SnS 1.3 x 10-23
Zinc
ZnCO3 1.0 x 10-10
Zn(OH)2 4.5 x 10-17
ZnS 1.1 x 10-21

In: Chemistry