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| Teaching Since: | May 2017 |
| Last Sign in: | 402 Weeks Ago, 2 Days Ago |
| Questions Answered: | 66690 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Consider the following financial statements for BestCare HMO, a not profit managed care plan. Perform a DU Pont analysis on BestCare. Assume that the industry average ratios are as follows: Total margin 3.8% Total Asset turnover 2.1 Equity multiplier 3.2 Return on equity (ROE) 25.5% B. calculate and interpret the following rations for BestCare: Return on assets (ROA) 8.0% Current ratio 1.3 Days cash on hand 41 days Average collection period 7 days Debt ratio 69% Debt 'to-equity ratio 2.2 Time interest earned (TIE) ratio 2.8 Fixed asset turnover ratio 5.2
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