Question
Healthcare finance chapt 17, problem 17. 3 I am CLUELESS!!!! Are the ratios the ones already calculated in the book or am I doing it
Healthcare finance chapt 17, problem 17. 3 I am CLUELESS!!!! Are the ratios the ones already calculated in the book or am I doing it all myself for each of the years?
Question 17.3
Riverside Memorial's primary financial statements are presented in exhibits 17.1 (p.641), 17.2 (p.644), and 17.3 (p.645). a. Calculate Riverside's financial ratios for 2010. Assume that Riverside had $1,000,000 in lease payments and $1,400,000 in debt principal repayments in 2010. (Hint: Use the book discussion to identify the applicable ratios.). Interpret the ratios. Use both trend and comparative analyses. For the comparative analysis, assume that the industry average data presented in the book is valid for both 2010 and 2011
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