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Calculate the Program Services Ratio for Meals for the Homeless for the year ending December 31,2020. Express the answer as a percent to the hundredth.

Calculate the Program Services Ratio for Meals for the Homeless for the year ending December 31,2020. Express the answer as a percent to the hundredth. For example, 28.64. Do not include the % sign.

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Meals for the Homeless Statement of Functional Expenses for the Year Ending December 31, 2020 Program Services Support Services Management Meals Counseling and General Fundraising Total Expenses Salaries and benefits $35,000 $35,000 $40,000 $17,000 $127,000 Food 17,000 17,000 Supplies and brochures 2,000 1,000 1,000 2,000 6,000 Office expenses 1,000 1,000 1,000 3,000 6,000 Rent 14,000 1,000 2,000 1,000 18,000 Professional fees 3,000 3,000 Bad debts 4,000 4,000 Depreciation 10,000 10,000 Total expenses $83,000 $38,000 $47,000 $23,000 $191,000 Description Exhibit 11-4

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