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89 90 b. Calculate and interpret the following ratios for BestCare: 91 92 Return on Assets 93 Current Ratio 94 Days cash on hand (days)

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89 90 b. Calculate and interpret the following ratios for BestCare: 91 92 Return on Assets 93 Current Ratio 94 Days cash on hand (days) 95 Average collection period (days) 96 Debt ratio 97 Debt-to-Equity ratic 98 Times interest earned (TIE) ratio 99 Fixed Asset turnover ratio 100 IndustryBestCare 8.00% 1.3 41 7 69% 2.2 2.8 5.2 89 90 b. Calculate and interpret the following ratios for BestCare: 91 92 Return on Assets 93 Current Ratio 94 Days cash on hand (days) 95 Average collection period (days) 96 Debt ratio 97 Debt-to-Equity ratic 98 Times interest earned (TIE) ratio 99 Fixed Asset turnover ratio 100 IndustryBestCare 8.00% 1.3 41 7 69% 2.2 2.8 5.2

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