Financial Statement Analysis of BestCare Health Maintenance Organization Financi

May 31st, 2015
DotaCN
Category:
Business & Finance
Price: $25 USD

Question description

EXHIBIT 4.1 Sunnyvale Clinic Balance Sheet.docx

A balance sheet truly illustrates the health and wellbeing of any company. Consider what you have learned this week and apply it to this assignment.

Tasks:

Review the following balance sheet:

BestCare Health Maintenance Organization (HMO)

Balance Sheet

June 30, 2011 (in thousands)

Assets

Current assets:

Cash

$2,737

Net premiums receivable

$821

Supplies

$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

$2,145

services

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 BestCare's net working capital for 2011?
  • What is BestCare's debt ratio? How does this ratio compare with Sunnyvale's debt ratio as shown in Exhibit 4.1 (Chapter 4) in your textbook? (See attachment)

Submission Details:

  • Present your analysis as a 2-page report in a Microsoft Word document formatted in APA style.
  • On a separate page, cite all sources using APA format.

Assignment 2 Grading Criteria

Maximum Points

Provided an accurate analysis of BestCare’s net working capital for 2011.

16

Provided an accurate debt ratio for BestCare.

16

Correctly analyzed the comparison of BestCare’s debt ratio to Sunnyvale’s debt ratio.

10

Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and APA style attribution of sources; displayed accurate spelling, grammar, and punctuation.

8

Total:

50


Tutor Answer

(Top Tutor) Daniel C.
(997)
School: UCLA
PREMIUM TUTOR

Studypool has helped 1,244,100 students

8 Reviews


Summary
Quality
Communication
On Time
Value
kevin12622
Dec 1st, 2016
" Goes above and beyond expectations ! "
kiln82
Nov 22nd, 2016
" awesome work thanks "
ashleyisgod
Nov 18th, 2016
" Top quality work from this guy! I'll be back! "
likeplum4
Nov 9th, 2016
" Excellent work as usual "
Molly_Moon
Oct 26th, 2016
" AMAZING as always! "
kpcutie
Oct 17th, 2016
" Excellent job "
Hemapathy
Oct 4th, 2016
" all I can say is wow very fast work, great work thanks "
pmallory
Sep 25th, 2016
" Totally impressed with results!! :-) "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1820 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors