Question: Showing the steps on how this is solved would be helpful to understand the problem. 11.2 Consider the following income statement: BestCare Health Insurer Statement

Showing the steps on how this is solved would be helpful to understand the problem.

Showing the steps on how this is solved would be
11.2 Consider the following income statement: BestCare Health Insurer Statement of Operations Year Ended June 30, 2016 (in Thousands) Revenue: Healthcare premiums $26,682 Fees and other revenue 1,689 Net investment income 242 Total revenues $28,613 Benets and expenses: Healthcare costs $ 15,154 Operating expenses: Selling expenses 3,963 General and administrative expenses 7,893 Interest expense 385 Total benets and expenses $27,395 Net income $ 1.218 3. Compare and contrast this income statement with the ones presented in exhibits 11.1 and 11.2. b. What is BestCare's total margin? How can it be interpreted

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