Assignment 2: Dropbox Assignment
Financial Statement Analysis of BestCare Health Maintenance Organization Financials
A balance sheet truly illustrates the health and well-being 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)
June 30, 2011 (in thousands)
Net premiums receivable
Total current assets
Net property and equipment
Liabilities and Net Assets
Total current liabilities
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 Best Careâ€™s debt ratio? How does this ratio compare with Sunnyvaleâ€™s debt ratio as shown in Exhibit 4.1 (pg. 122) in your textbook.
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.
Name your document SU_MHC6305_W2_A2_LastName_FirstInitial.doc.
By Saturday, October 22, 2016, submit your assignment to the W2 Assignment 2 Dropbox.
Assignment 2 Grading Criteria
Provided an accurate analysis of BestCareâ€™s net working capital for 2011.
Provided an accurate debt ratio for BestCare.
Correctly analyzed the comparison of BestCareâ€™s debt ratio to Sunnyvaleâ€™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.