Best Care 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 3945
Net property and equipment $5,924 5924
Total assets $9,86 9869
Liabilities and Net Assets
Accounts payable—medical services $2,14 2145
5
Accrued expenses $929 929
Notes payable $382 328
Total current liabilities $3,45 3456
Long-term debt $4,29 4295
Total liabilities $7,75 7751
Total assets $9,86 9869
Net assets-unrestricted (equity) $2,11 2118
Total liabilities and net assets $9,86 9859
Answers
Debt ratio 0.785389
working capital 489
Net working capital
Balance Sheet
June 30, 2011 (in thousands)
Assets
Current assets:
Cash $2,737
Net premiums receivable $821
Supplies $387
Total current assets $3,945 3945
Net property and equipment $5,924 5924
Total assets $9,86 9869
Liabilities and Net Assets
Accounts payable—medical services $2,14 2145
5
Accrued expenses $929 929
Notes payable $382 328
Total current liabilities $3,45 3456
Long-term debt $4,29 4295
Total liabilities $7,75 7751
Total assets $9,86 9869
Net assets-unrestricted (equity) $2,11 2118
Total liabilities and net assets $9,86 9859
Answers
Debt ratio 0.785389
working capital 489
Net working capital
