$18,000 in lease payments in 2015. (Use the ratio analysis discussion to iden- tify the applicable ratios.) b. Interpret the ratios. For the analysis, assume that the sector average data pre- sented in the ratio analysis section are valid for 2015. 13.4 Consider the following financial statements for BestCare, a not-for-profit health insurer. 242 BestCare Health Insurer Statement of Operations, Year Ended June 30, 2016 (in Thousands) Revenue Healthcare premiums $26,682 Fees and other revenue 1,689 Net investment income Total revenues $ 28,613 Benefits and expenses Healthcare costs $ 15,154 Operating expenses Selling expenses 3,963 General and administrative 7,893 expenses Interest expense 385 Total expenses $ 27,395 Net income $ 1,218 Chapter 13: Assessing Financial Condition BestCare Health Insurer Balance Sheet, June 30, 2016 (in Thousands) ASSETS $2.737 821 387 Cash and cash equivalents Net premiums receivable Other current assets Total current assets Long-term investments Net property and equipment Total assets LIABILITIES AND EQUITY Healthcare costs payable $3.945 $4.424 $1,500 $9,869 $2,145 Accrued expenses Unearned premiums Total current liabilities Long-term debt Total liabilities Equity Total liabilities and equity 929 382 $3,456 $4,295 $ 7.751 $ 2,118 $9,869 4. Perform a DuPont analysis on BestCare. Assume that the sector average ratios are as follows: 3.8% 2.1 Total margin Total asset turnover Equity multiplier Return on equity 25.5%