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Words: | Submitted: Tue Jun 20 2006
... network-based managed care plans to the large and small employer, individual, Medicaid, and senior markets." (www.wellpoint.com) In 2004, WellPoint Health Networks Inc. and Anthem Inc. merged and became WellPoint Inc. WellPoint Inc.'s headquarters are located in Indianapolis, Indiana. Financial Ratio Calculation WellPoint's Financial Ratios for the year 2002, 2003 and 2004 seem to change dramatically. There are a few key ratios that can be used to assess the financial performance of a company, which can be helps us determine the company's profit or loss for a time period. All numbers used below for the financial ratios' calculations are scaled in thousands Liquidity Ratios: Current Assets 19,357,500 1. Current Ratio (2004) = ------------------------ = ------------------- = 1.67 Current Liabilities 11, 570,600 Current Ratio is a standard measure of the business' short term financial health. It is used to measure a company's ability to remain in the business for a short time period. The current ratio ...
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