(Solved): (3-14) The Jimenez Corporation's forecasted 2024 financial statements follow, along with some indus ...

(3-14) The Jimenez Corporation's forecasted 2024 financial statements follow, along with some industry average ratios. Calculate Jimenez's 2024 forecasted ratios, compare them with Ratio Analysis the industry average data, and comment briefly on Jimenez's projected strengths and weaknesses. (Note: The statements and other data also are in the file Ch03 Tool Kit.xlsx. They are in the worksheet named Data for Problem 3-14.) Jimenez Corporation: Forecasted Balance Sheet as of December 31, 2024 Jimenez Corporation: Forecasted Income Statement for 2024 Jimenez Corporation: Per Share Data for 2022 Notes: *Industry average ratios have been stable for the past 4 years. \( { }^{6} \) Based on year-end balance sheet figures. \( { }^{\circ} \) Calculation Is based on a 365-day year.