final
Final Project: Analyzing Financial Statements
Erin Magoon - Resource: Appendix A - Review the financial statements in Appendix D. - Calculate the following: Current ratio, long-term solvency ratio, contribution ratio, programs and expense ratio, general and management and expense ratio, fund-raising and expense ratio, and revenue and expense ratio for the years 2003 and 2004.
Current ratio
2003 – 82,058/93,975 = 0.87
2004 – 302,902/337,033 = 0.90
Long-term solvency ratio
2003 – 359,863/259,979 = 1.38
2004 – 699,004/338,937 = 2.06
Contribution ratio
2003 – 632,889/1,244,261 = 0.51
2004 – 1,078,837/2,191,243 = 0.49
Programs and expense ratio
2003 – 945,580/1,316,681 = 0.72
2004 – 1,526,312/1,972,131 = 0.77
General and management and expense ratio
2003 – 371,101/1,316,681 = 0.28
2004 – 445,819/1,972,131 = 0.23
Fund raising and expense ratio
2003 – no data available
2004 – no data available
Revenue and expense ratio
2003 – 1,244,261/1,316,681 = 0.94
2004 – 2,191,243/1,972,131 = 1.11 - Include the current ratio, long-term solvency ratio, contribution ratio, programs and expense ratio, general and management and expense ratio, fund-raising and expense ratio, and revenue and expense ratio calculated in the Week Four Assignment.
Current ratio
104,296/139,017 = 0.75
Long-term solvency ratio
391,270/310,246 = 1.26
Contribution ratio
617,169/1,165,065 = 0.53
Programs and expense ratio
834,008/1,185,008 = 0.70
General and management and expense ratio
351,000/1,185,008 = 0.30
Fund-raising and expense ratio
No data available
Revenue and expense ratio
1,165,065/1,185,008 = 0.98 - Provide a 200- to 300-word explanation of the importance of each ratio for all three years listed in Appendix D. Include a statement of whether the organization’s financial picture has improved or not within the 3-year period specified in Appendix D. The current ratio is used to calculate organizations liquidity, or the extent to which the agency has
Erin Magoon - Resource: Appendix A - Review the financial statements in Appendix D. - Calculate the following: Current ratio, long-term solvency ratio, contribution ratio, programs and expense ratio, general and management and expense ratio, fund-raising and expense ratio, and revenue and expense ratio for the years 2003 and 2004.
Current ratio
2003 – 82,058/93,975 = 0.87
2004 – 302,902/337,033 = 0.90
Long-term solvency ratio
2003 – 359,863/259,979 = 1.38
2004 – 699,004/338,937 = 2.06
Contribution ratio
2003 – 632,889/1,244,261 = 0.51
2004 – 1,078,837/2,191,243 = 0.49
Programs and expense ratio
2003 – 945,580/1,316,681 = 0.72
2004 – 1,526,312/1,972,131 = 0.77
General and management and expense ratio
2003 – 371,101/1,316,681 = 0.28
2004 – 445,819/1,972,131 = 0.23
Fund raising and expense ratio
2003 – no data available
2004 – no data available
Revenue and expense ratio
2003 – 1,244,261/1,316,681 = 0.94
2004 – 2,191,243/1,972,131 = 1.11 - Include the current ratio, long-term solvency ratio, contribution ratio, programs and expense ratio, general and management and expense ratio, fund-raising and expense ratio, and revenue and expense ratio calculated in the Week Four Assignment.
Current ratio
104,296/139,017 = 0.75
Long-term solvency ratio
391,270/310,246 = 1.26
Contribution ratio
617,169/1,165,065 = 0.53
Programs and expense ratio
834,008/1,185,008 = 0.70
General and management and expense ratio
351,000/1,185,008 = 0.30
Fund-raising and expense ratio
No data available
Revenue and expense ratio
1,165,065/1,185,008 = 0.98 - Provide a 200- to 300-word explanation of the importance of each ratio for all three years listed in Appendix D. Include a statement of whether the organization’s financial picture has improved or not within the 3-year period specified in Appendix D. The current ratio is used to calculate organizations liquidity, or the extent to which the agency has