Examine the industry average ratios given in Problems 17.4 and 17.5 above. Explain why the ratios are different between the managed care and nursing home industries
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Examine the industry average ratios given in Problems 17.4 and 17.5 above. Explain why the ratios are different between the managed care and nursing home industries. Problem 17.4 Consider the following financial statements for Best Care HMO, a not-for-profit managed care plan:
a. Perform a Du Pont analysis on BestCare. Assume that the industry average ratios are as follows:
b. Calculate and interpret the following ratios for BestCare:
Problem 17.5 Consider the following financial statements for Green Valley Nursing Home, Inc., a for-profit, long-term care facility:
Both the industries are of different nature. Nursing home is generating revenue from the patients who admitted at their nursing home and managed care generating revenue from the Premiums received. Return of assets...