7.4 a. Assume that Beverly Enterprises and Manor Care, two operators
of nursing homes, have ?scal years that end at different times:say,
one in June and one in December. Would this fact cause any
problems when comparing ratios between the two companies?
b. Assume that two companies that operate walk-in clinics both
had the same December year end, but one was based in Aspen,
Colorado, a winter resort, while the other operated in Cape Cod,
Massachusetts, a summer resort. Would this lead to problems in a
17.6 a. What is the difference between trend analysis and comparative
b. Which one is more important?