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BestCare Health Maintenance Organization (HMO) Balance Sheet June 30, 2011 (in thousands) Assets Current assets: Cash $2,737 Net premiums receivable $821 Supplies $387 Total current
BestCare Health Maintenance Organization (HMO) | |||
Balance Sheet | |||
June 30, 2011 (in thousands) | |||
Assets | |||
Current assets: | |||
Cash | $2,737 | ||
Net premiums receivable | $821 | ||
Supplies | $387 | ||
Total current assets | $3,945 | $3,945 | |
Net property and equipment | $5,924 | ||
Total assets | $9,869 | ||
Liabilities and Net Assets | |||
Accounts payablemedical | $2,145 | ||
services | |||
Accrued expenses | $929 | ||
Notes payable | $382 | ||
Total current liabilities | $3,456 | $3,456 | |
Long-term debt | $4,295 | ||
Total liabilities | $7,751 | $7,751 | |
Total assets | $9,869 | ||
Net assets-unrestricted (equity) | $2,118 | ||
Total liabilities and net assets | $9,869 |
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?
please provide the answer with detailed work. nor just simple answers
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