Review the following information on balance sheet analysis and business calculations:
Balance Sheet Analysis
Calculating Debt Ratio in Excel
Calculating Working Capital
Review the following balance sheet:
Best Care Health Maintenance Organization (HMO)
June 30, 2011 (in thousands)
Net premiums receivable
Total current assets
Net property and equipment
Liabilities and Net Assets
Accounts payable—medical services
Total current liabilities
Net assets-unrestricted (equity)
Total liabilities and net assets
Answer the following questions after your analysis:
What is Best Care’s net working capital for 2011? Show your work.
What is Best Care’s debt ratio? Show your work.
To support your work, use your course and textbook readings and also use the South University Online Library. As in all assignments, cite your sources in your work and provide references for the citations in APA format.
Your assignment should be addressed in a 2- to 3-page document.
Submit your document to this appropriate Submissions Area by the due date assigned.