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University Of Cincinnati Operations And Supply Chain Management Assignment Help - Comprehensive Ratio Analysis

Question - The Jimenez Corporation's forecasted 2011 financial statements follow, along with some industry average ratios. Jimenez Corporation: Forecasted Balance Sheet as of December 31, 2011 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 and notes payable $432,000 Accruals 170,000 Total current liabilities $602,000 Long-term debt 404,290 Common stock 575,000 Retained earnings 254,710 Total liabilities and equity $1,836,000 Jimenez Corporation: Forecasted Income Statement for 2011 Sales $4,290,000 Cost of goods sold 3,580,000 Selling, general, and administrative expenses 370,320 Depreciation 159,000 ...Read More

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