Question: please answer without using excel 13.4 Consider the following financial statements for BestCare, a not-for-profit health insurer. a. Perform a DuPont analysis on BestCare. Assume


13.4 Consider the following financial statements for BestCare, a not-for-profit health insurer. a. Perform a DuPont analysis on BestCare. Assume that the sector average ratios are as follows: b. Calculate and interpret the following ratios for BestCare. Sector Average Return on assets 8.0% Current ratio 1.3 DCOH (assume depreciation expense is $367 ) 41 days Average collection period 7 days Debt ratio 69% Debt-to-equity ratio 2.2 Times interest earned ratio 2.8 Fixed-asset turnover ratio 18.5
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