A calculate jimenezs 2011 forecasted ratios compare them


The Jimenez Corporation's forecasted 2011 financial statements follow, along with some industry average ratios.

a. Calculate Jimenez's 2011 forecasted ratios, compare them with the industry average data, and comment briefly on Jimenez's projected strengths and weaknesses.

b. What do you think would happen to Jimenez's ratios if the company initiated cost-cutting measures that allowed it to hold lower levels of inventory and substantially decreased the cost of goods sold? No calculations are necessary: Think about which ratios would be affected by changes in these two accounts.

Jimenez Corporation: Forecasted Balance Sheet as of December 31, 2011

Jimenez Corporation: Forecasted Income Statement for2011

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: A calculate jimenezs 2011 forecasted ratios compare them
Reference No:- TGS01509895

Expected delivery within 24 Hours