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a . Calculate the following ratios ( assume depreclation expense is $ 4 8 4 , 5 0 0 for both organizations and is allocated

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a. Calculate the following ratios (assume depreclation expense is $484,500 for both organizations and is allocated among program
and supporting expenses):
Program expense.
Fund-ralsing efficlency.
Days cash on hand.
Working capital (expressed in days).
b. For each ratio, which of the two organizations has the stronger ratio.
Note: Assume 365 days In a year. Do not round Intermedlate calculations. Round "Program expense" answers to 1 decimal
place and "Fund-raising efficlency" answers to 3 decimal places and "Days cash on hand", "Working capltal" answers to nearest
whole number.
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