What is BestCare’s net working capital for 2011?

Financial Statement Analysis of BestCare Health Maintenance Organization Financials


A balance sheet truly illustrates the health and wellbeing of any company. Consider what you have learned this week and apply it to this assignment.




Review the following balance sheet:


BestCare Health Maintenance Organization (HMO)

Balance Sheet

June 30, 2011 (in thousands)


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 payable—medical $2,145


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?

Submission Details:


Present your analysis as a 2-page report in a Microsoft Word document formatted in APA style.

On a separate page, cite all sources using APA format.


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