Objective: To identify factors associated with financial performance of independently owned companion and mixed animal veterinary practices.
Sample: Financial statements (ie, annual balance sheets and income statements for 3 consecutive years) were obtained from 45 practices.
Procedures: Ratio analysis of financial statements was performed with the DuPont Model, and practices were grouped into 4 financial performance groups on the basis of return on equity.
Vet Clin North Am Food Anim Pract
July 2003
The basic question asked in the beginning of this article was whether the evidence from research is persuasive enough to conclude that competition in the meatpacking industry is deficient. The literature review led to the conclusion that the answer is no. Research varies widely in terms of data and methodologic approaches.
View Article and Find Full Text PDFVet Clin North Am Food Anim Pract
July 2003