Abstract
A survey was conducted to determine the prevalence of independent and chain community pharmacies in Nebraska that perform ratio analysis on financial statements. Surveys were returned by 154 of 273 (56.4%) randomly selected community pharmacies throughout Nebraska. Findings indicate that community pharmacies do perform ratio analysis on financial statements although to varying degrees. The ratio most frequently used by community pharmacies was the Gross Margin Percentage (70.9%). Independent community pharmacies reported average ratio usage of 47.7% whereas chain community pharmacies reported average ratio usage of 32.0%. Adjustments in operations (based on ratio analysis) generally provided positive results for the majority of respondents.