17.4 Consider The Following Financial Statements For BestCare HMO, A Not-For-Profit Managed Care Plan:

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
The post 17.4 Consider The Following Financial Statements For BestCare HMO, A Not-For-Profit Managed Care Plan: ACADEMIC ASSISTERS. ACADEMIC ASSISTERS.

>>>Click here to get this paper written at the best price. 100% Custom, 0% plagiarism.<<<

The post 17.4 Consider The Following Financial Statements For BestCare HMO, A Not-For-Profit Managed Care Plan: appeared first on First Class Essay Writers.