1. Calculate the following sets of ratios for 2014: Protability Turnover Liquidity Leverage Program services 2. Write a professional memo to the Board of Directors. Your memo must be NO MORE THAN ONE PAGE, SINGLE-SPACED, with a 12-point font and 1-inch margins. Memos that do not meet these requirements will not receive full credit. Guidelines for memowriting: Include to, from, date, and subject lines at the top of the memo. In the introductory paragraph, remind the Board of Directors of your assigned task and then briey summarize your opinion of Do Somethings overall financial health. In the remainder of the memo, begin each paragraph with a broad argument about Do Something's strengths or weaknesses, followed by specic evidence to support that argument. Select supporting evidence thoughtfully, keeping in mind that some sets of ratios (e.g. receivables turnover and average collection period) convey duplicate information. Use complete sentences and paragraphs, not bullet points. Assume that the Board of Directors is familiar with the organization but does not have a strong background in financial management. For additional tips, visit the NYU Wagner Writing Support webpage and specifically the Memo about Policy Memos 3. Do the reading assignment for next week (Chapters 12, Chapter 13, Chapter 15, and Appendix 15-A) and then answer the following reading comprehension questions: a) Describe two ways in which government financial condition analysis differs from the analysis of a not-forprofit organization's financial statements. 1 Note that we are asking you to ANALYZENOT AUDITthe financial statements. Auditing financial statements means verifying their accuracy, which you could not possibly do based on available information! Therefore, your analysis should not use any of the language that appears in the auditor's opinion letter