Riverside Memorial's primary financial statements are presented in exhibits 17.1, 17.2, and 17.3. from Healthcare finance sixth ediciton by Gapenski, they are earlier in the chapter.
A. Calculate Riversides financial ratios for 2014. Assume that Riverside had $1,000,000 in lease payments and $1,400,000 in debt prinicipal repayments in 2014.
B. Interpret the ratios: Use both and tren and comparative analysis. For the comparative analysis, assume that the industry average datat presented in the book are valid for both 2014 and 2015.