Assets

Current Assets:

Cash $2,737

Net premiums receivable 821

Supplies 387

Total current assets $3,945

Net property and equipment $5,924

Total assets $9,869

Liabilities and Net Assets

Accounts payablemedical

Services $2,145

Accrued expenses 929

Notes payable 382

Total current liabilities $3,456

Long-term debt $4,295

Total liabilities $7,751

Net assetsunrestricted

(equity) $2,118

Total liabilities and net

Assets $9,869

a. How does this balance sheet differ from the one presented in Exhibit 4.1 for Sunnyvale?

b. What is BestCares net working capital for 2011?

c. What is BestCares debt ratio? How does it compare with Sunnyvales debt ratio?

XHIBIT 4.1 Sunnyvale Clinic alance Sheets December 31, ASSETS 2011 2010 Current Assets: $ 6,486 5,000 25.927 2,302 $ 39.715 $48,059 25.837 Cash and cash equivalents Short-term investments $ 12,102 10,000 28,509 3,695 $54,306 01l and 2010 Net patient accounts receivable in thousands) Inventories Total current assets Long-term investments Net property and equipment Total assets $52,450 $154,815 $ 25,837 $ 49.549 115,101 LIABILITIES AND EQUITY 2011 2010 Current Liabilities: $ 4,334 5,022 6,069 $15,425 $ 85,322 $100,747 $54,068 $154,815 $3.345 6,933 5,037 $ 15,315 $ 53,578 $68,893 $46,208 115,101 Notes payable Accounts payable Accrued expenses Total current liabilities Long-term debt Total liabilities Net assets (Equity) Total liabilities and equity