This essay focuses on Best Care Health Maintenance Organization.beginning work on this assignment, please review the expanded grading.
beginning work on this assignment, please review the expanded grading
rubric for specific instructions relating to content and formatting.
Review the following information on balance sheet analysis and business
calculations;
Firstly, Balance Sheet Analysis
Secondly, Calculating Debt Ratio in Excel
Thirdly, Calculating Working Capital
Further, Review the following balance sheet:
Best Care Health Maintenance Organization (HMO)
Balance Sheet
June 30, 2011 (in thousands)
Assets
Current assets:
Cash
Net premiums receivable
Supplies
$2,737
$821
$387
Total current assets $3,945 $3,945
Net property and
equipment
$5,924
Total assets
$9,869
Liabilities and Net
Assets
Accounts
payable—medical
services
$2,145
Accrued expenses $929
Notes payable $382
Total current liabilities $3,456 $3,456
Long-term debt $4,295
Total liabilities
$7,751 $7,751
Total assets $9,869
Net assets-unrestricted
(equity)
$2,118
Total liabilities and net
assets
$9,869
Answer the following questions after your analysis; What is Best Care’s net working capital for 2011? Show your work.
Firstly, What is Best Care’s debt ratio? Show your work.
Secondly, To support your work, use your course and textbook readings and also use the
Thirdly, South University Online Library. As in all assignments, cite your sources in your
Further, work and provide references for the citations in APA format.
Submission Details;
Firstly, Your assignment should be addressed in a 2- to 3-page document.
Secondly, be keen
Thirdly, honesty
Further, be cautious