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13.3 Park Ridge home care's financial statements are presented in exhibits 13.1,13.2 & 13.3. Review this chapter carefully. In the chapter we calculate selected ratios

13.3 Park Ridge home care's financial statements are presented in exhibits 13.1,13.2 & 13.3. Review this chapter carefully. In the chapter we calculate selected ratios for 2016

a. Calculate the businesses financial ratios for 2015. Assume that park Ridge had 18,000 in lease payments in 2015 use the ratio analysis discussion to identify the applicable ratios.

ANSWER:

b. Interpret the ratios. For the analysis assume that the sector average data presented in the ratio analysis selections are valid for 2015.

ANSWER:

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