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Park Ridge Homecare’s financial statements are presented in Exhibits 13.1, 13.2, and 13.3. In the chapter, we calculate selected ratios for 2012. a. Calculate the business’s financial ratios for 2011. Assume that Park Ridge had $18,000 in lease payments in 2011. (Use the ratio analysis discussion to identify the applicable ratios.) b. Interpret the ratios. For the analysis, assume that the industry average data presented in the ratio analysis section is valid for 2011.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92425015

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