8:27 Expert Q&A Done The conversion of funds received by charities that are spent for the benefit of the charity's beneficiaries is of importance to the donors of a charity (Hyndman \& McKillop, 1999) and if the level of conversion decreases below an acceptable level donors may divert their funds elsewhere (Exley, 2020; Park & Matkin, 2020). You are required to: a) Calculate and analyse relevant ratios for several charity organisations. (30 marks) b) Discuss your results considering the above comment and provide recommendations for how the conversion of funds received can be maintained or improved by the charities considered. (60 marks) c) Use an appropriate structure for your discussion and include a full list of refences. (10 marks) You should select five (5) charities that operate in the charity sector. The financial reports can be obtained from the Charity Commission website: https://register-of- charities.charitycommission.gov.uk/ You should include an appendix for each of the charities used within your assessment. The contents should include: - The identification information: name, registration number, national or local - Summary financial information: revenue, expenses, etc - Calculation of relevant ratios, with sufficiently detailed workings Word limit: 1,200 words