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NEW QUESTION: 1
The Fairway health plan is a for-profit health plan that issues stock. The following data was taken from Fairway's financial statements:
Fairway's total revenues for the previous financial period were $7,200,000, and its net income for that period was $180,000.
Assume that the healthcare industry average for the debt-to-equity ratio is 0.90. The following statement(s) can correctly be made about Fairway's debt to equity ratio:
A. A only
B. Neither A nor B
C. Fairway relies less than most other healthcare organizations on borrowed funds to cover future and current benefit payments, to pay for ongoing business operations, and to finance growth
D. Both A and B
E. Fairway's debt-to-equity ratio is 1.50
F. B only
NEW QUESTION: 2
A. Option B
B. Option D
C. Option E
D. Option C
E. Option A
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