Working with financial statements, page 108 (see attachment)
A.) In a narrative format, discuss the importance of using financial ratios.
B.) Calculate the financial ratios discussed in the Attend portion of this unit. (You don’t have to do any of the ratios we didn’t discuss: The ratios for this question is profitability, liquidity, asset management, debt, and market)
C.) Compare the ratios you calculated to the industry averages and comment briefly on how well the company is doing.
D.) Report to Garners’ Platoon Mental Health Care’s Board of Directors on the financial health of the company. What areas need improvement? In what areas are they doing well?
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