Financial Management: Theory & Practice
Financial Management: Theory & Practice
16th Edition
ISBN: 9781337909730
Author: Brigham
Publisher: Cengage
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Chapter 3, Problem 14P

The Jimenez Corporation’s forecasted 2020 financial statements follow, along with some industry average ratios. Calculate Jimenez’s 2020 forecasted ratios, compare them with the industry average data, and comment briefly on Jimenez’s projected strengths and weaknesses.

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

Chapter 3, Problem 14P, The Jimenez Corporation’s forecasted 2020 financial statements follow, along with some industry , example  1

Jimenez Corporation: Forecasted Income Statement for 2020

Chapter 3, Problem 14P, The Jimenez Corporation’s forecasted 2020 financial statements follow, along with some industry , example  2

Jimenez Corporation: Per Share Data for 2020

Chapter 3, Problem 14P, The Jimenez Corporation’s forecasted 2020 financial statements follow, along with some industry , example  3

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.

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Financial Management: Theory & Practice

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