1. Why is it important for a health care organization to create and maintain a balance sheet?
2. Reading The Wall Street Journal Article "Investing For the Long Term" By Gregory Zuckerman. Write the summary of this article.
3. Calculate the following ratios for Lake of Egypt Marina, Inc. as of year-end 2015. (Use sales when computing the inventory turnover and use common stockholders' equity when computing the equity multiplier. Round your answers to 2 decimal places. Use 365 days a year.)