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Consider the following financial statements for BestCare HMO, a not profit managed

Consider the following financial statements for BestCare HMO, a not profit managed.

Consider the following financial statements for BestCare HMO, a not profit managed care plan. 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 rations for BestCare: Return on assets (ROA) 8.0% Current ratio 1.3 Days cash on hand 41 days Average collection period 7 days Debt ratio 69% Debt
‘to-equity ratio 2.2 Time interest earned (TIE) ratio 2.8 Fixed asset turnover ratio 5.2

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