Question: please help and post work for all parts. 13.3 Park Ridge Homecare's financial statements are presented in exhibits 13.1, 13.2, and 13.3. In the chapter,
please help and post work for all parts.
13.3 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 2016. a. Calculate the business's financial ratios for 2015. Assume that Park Ridge had $18,000 in lease payments in 2015. (Use the ratio analysis discussion to iden. tify the applicable ratios.) b. Interpret the ratios. For the analysis, assume that the sector average data pre- sented in the ratio analysis section are valid for 2015
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