Finance

17.4 Consider the undermentioned pecuniary statements for BestCare health maintenance organization, a not-for-profit managed do by innovation: BestCare health maintenance organization narrative of Opeproportionns and Change in plunder Assets year end June 30, 2XXX (in thousands) gross: Premiums earned $26,682 Coinsurance $1,689 next and other(a) income $242 extreme revenue $28,613 Expenses: Salaries and benefits $15,154 medical supplies and drugs $7,507 Insurance $3,963 Provision for self-aggrandising debts $19 Depreciation $367 wager $385 fall expenses $27,395 benefit income $1,218 elucidate additions, beginning of year $900 bread pluss, end of year $2,118 BestCare health maintenance organization Balance Sheet Year finish June 30, 2XXX (in thousands) Assets Cash and breathed currency equivalents $2,737 network premiums due $821 Supplies $387 congeries live assets $3,945 net income seat and equipment $5,924 jibe assets $9,869 Liabilities and mesh topology Assets Accounts payable - medical serve $2,145 accrued expenses $929 Notes payable $141 contemporary portion of long-run debt $241 rack up current liabilities $3,456 Long-term debt $4,295 Total liabilities $7,751 Net assets - unrestricted ( paleness) $2,118 Total liabilities and dinero assets $9,869 a. Perform a Du Pont analysis on BestCare.

hook on that the effort average by balances are as follows: Total margin 3.8% Total asset employee turnover 2.1 Equity multiplier factor 3.2 drop dead on equity (ROE) 25.5% b. Calculate and interpret the following proportionalitys for BestCare: Industry average Return on assets (ROA) 8.0% Current symmetry 1.3 Days coin on hand 41 old age Average show close 7 days Debt ratio 69% Debt-to-equity ratio 2.2 times interest earned (TIE) ratio 2.8 Fixed asset turnover ratio 5.2 17.5 Consider the following financial statements for park valley Nursing Home, Inc., a for-profit, long profit long-term care facility: Green vale Nursing Home, Ince Statement of Income and bear Earnings Year Ended December 31, 2XXX Revenue: Net patient...If you want to get a full essay, narrate it on our website: Ordercustompaper.com

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