Financial Statement Analysis of BestCare Health Maintenance Organization Financi

May 31st, 2015
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.


Review the following balance sheet:

BestCare Health Maintenance Organization (HMO)

Balance Sheet

June 30, 2011 (in thousands)


Current assets:



Net premiums receivable




Total current assets



Net property and equipment


Total assets


Liabilities and Net Assets

Accounts payable—medical



Accrued expenses


Notes payable


Total current liabilities



Long-term debt


Total liabilities



Total assets


Net assets-unrestricted (equity)


Total liabilities and net assets


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.


Provided an accurate debt ratio for BestCare.


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


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.




Tutor Answer

(Top Tutor) Daniel C.
School: UCLA

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Jun 2nd, 2015
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