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1 4 - 1 1 . Exhibits 1 4 - 1 1 and 1 4 - 1 2 present the statements of financial position and
Exhibits and present the statements
of financial position and statements of activities
for Code Change, a fictional organization that
provides training in computer programming to the
unemployed. For both and calculate the
following:
a Common size ratios for the statements
of financial position and statements of
activities
b The current ratio
c Days of cash on hand
d The debt to equity ratio
e The total margin
f The program services ratio
How do you assess Code Change's overall
financial position and performance? Why? In
your assessment, make reference to each ratio you
calculated.
Code Change
Statements of Financial Position
as of March and
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