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Please help with Financial Ratio Analysis: Mercy Medical Center has very old equipment that constantly needs repairs. Identify 8 financial ratios in two categories: Category
Please help with Financial Ratio Analysis: Mercy Medical Center has very old equipment that constantly needs repairs. Identify 8 financial ratios in two categories:
Category 1: ratios that could have been reviewed to detect an ageing equipment problem;
Category 2: ratios that would be impacted by equipment repairs.
Why should Category 1 ratios have been reviewed, and explain the impact on each ratio identified in Category 2?
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