1. Financial statements for BestCare HMO, a not-for-profit managed care plan, are included in the Excel file Exam 3 Support.
   1. Calculate and interpret (independently and in comparison to the industry average) the following ratios for BestCare: (3 points each)

Industry Average

1. Return on assets 8.0%
2. Current ratio 1.3
3. Days cash on hand 41 days
4. Debt ratio 69%
5. Times interest earned ratio 2.8
6. Fixed asset turnover ratio 5.2

QUESTION #2