Three Ratios ODs Should Know From Their Balance Sheet

<p>In this episode of 20/20 Money, I talk about three important ratios that optometrists should understand using their balance sheet. There are three big financial statements that practices should always be analyzing, and I feel that the balance sheet is the one that gets the least love from ODs. During the conversation, I talk about how to calculate your quick ratio, your current ratio, and your debt service to outstanding debt ratio and what range each of those should be within your practice.<br /> <br /></p> <p><strong>—————————————————————————————</strong><br /> Please rate and subscribe to 20/20 Money on these platforms<br /> <a href= "https://itunes.apple.com/us/podcast/the-dose-podcast/id1438352481?mt=2"> Apple Podcasts</a><br /> <a href= "https://open.spotify.com/show/44jE3DxOjZQPok0H9D2jw3?si=7fhsalltRqGlwEbVqYnAQA"> Spotify</a><br /> <a href= "https://play.google.com/music/m/Iaml3vefwijqtlqob4dcuk3vtya?t=The_Dose_Podcast"> Google Play</a><br /> <a href= "https://www.stitcher.com/s?fid=245757&refid=stpr">Stitcher </a><br /> <strong>—————————————————————————————</strong></p> <p>For past episodes of 20/20 Money with full companion show notes, please check out our <a href= "https://integratedpwm.com/learningcenter/?cat=podcast">episode archive here!</a></p>