a. Assume that Old Gatorland and BadgerManor, two operators of nursing homes, have fiscal years that end at different times—say, one in June and one in December.Would this fact cause any problems when comparing ratios between the two businesses?

b. Assume that two companies that operate walk-in clinics both have the same December year end, but one (a winter resort) is based in Aspen, while the other (a summer resort) operates on Nantucket Island.Would this lead to problems in a comparative analysis?