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BestCare Income Statement Net Calucate the following ratios and compare to the sector average. Ratio Formula Revenue Total Margin Net Income/Total Revenues Healthcare premiums $

BestCare Income Statement Net Calucate the following ratios and compare to the sector average. Ratio Formula Revenue Total Margin Net Income/Total Revenues Healthcare premiums $ 32,450 Fees and other revenue $ Net investment income $ 3,400 420 Return on assets (ROA) Net income/Total assets Total revenues $ 36,270 Current ratio Current assets/Current liabilities BestCare Sector Average 12.4% 32% 1.4 Benefits and expenses Healthcare costs $ 18,200 Debt ratio Total liabilities/Total assets 69% Operating expenses Selling expenses $ 5,2001 Debt-to-equity ratio Total liabilties/Total equity General and administrative expen $ 8,400 Interest expense $ 448 Is BestCare performing well compared to the sector average? Please indicate 'Yes' or 'No'. 2.2 Total expenses $ 32,248 $ 4,022 Net income BestCare Balance Sheet ASSETS Cash and cash equivalents Other current assets Total current assets $ 3,542 Net premiums receivable S 1,022 $ 474 $ 5,038 Long-term investments $ 6,542 Net property and equipment $ 2,700 Total assets $ 14,280 LIABILITIES AND EQUITY Healthcare costs payable S 3,252 Accrued expenses $ 1,021 Unearned premiums S 640 Total current liabilities $ 4,913 Long-term debt S 5,440 Total liabilities $ 10,353image text in transcribed

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