# 17.4 Consider the following financial statements for BestCare HMO, a not-for-profit managed care plan:

**lilolilo**

a. Perform a Du Pont analysis on BestCare. Assume that the industry

average ratios are as follows:

Total margin 3.8%

Total asset turnover 2.1

Equity multiplier 3.2

Return on equity (ROE) 25.5%

b. Calculate and interpret the following ratios for BestCare:

Industry Average

Return on assets (ROA) 8.0%

Current ratio 1.3

Days cash on hand 41days

Average collection period 7days

Debt ratio 69%

Debt-to-equity ratio 2.2

Times interest earned (TIE) ratio 2.8

Fixed asset turnover ratio 5.2

- 10 years ago
- 15

**Answer(4)**

Purchase the answer to view it

- bestcare_solution.xls

Purchase the answer to view it

- bestcare_hmo__financila_analysis.docx

Purchase the answer to view it

Purchase the answer to view it

- bestcare_ratios.xls

**Bids(2)**

**other Questions(10)**

- Segment Group Map
- bobby has 3 times as many model spaceships as his friend Sylvester does. bobby has 21 spaceships. how many more...
- 1. Compare and contrast the structures of government formed under the Articles of Confederation and the US constitution. How are...
- James bought 6 cans of cat food at $.95 each and 2 bags of cat litter at $1.26 each for...
- Workforce 2020 Excutive Report on Microsoft
- lists seven major impediments to achieving sustainability. Which of these do you think is the most significant? Why? What could be done to alleviate this impediment?
- work assignments eco
- rail is 60cm, and lenth of rail is 1.2m. if a 50kg skater approaches the ramp at 5m/s, how fast...
- Deepak Baid only
- due in 4hrs: 2 pages