Primary Financial statements are presented in exhibits 17.1, 17.2 and 17.3.
A. Calculate riversides financial ratios for 2010, assume that riverside had $1,000,000 in lease payments and 1,400,000 in debt principal repayments in 2010.
B. 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.