a. Assume that Old Gatorland and Badger Manor, two operators of nursing homes, have fiscal years that end at different times—one in June and one in December. Would this fact cause any problems when comparing ratios between the two businesses? Why or why not?

b. Assume that two companies that operate walk-in clinics both have the same December year end, but one is based in Aspen (a winter resort town), while the other operates on Nantucket Island (a summer destination). Would this difference in location lead to problems in a comparative analysis? Why or why not?