Compare the financial performance of the two organizations and provide suggestions (based on the comparison) for the Walden Conservatory of Music, both from a financial and operational perspective. In Memo Format.

New England Conservatory of Music (NEC) Based on 2017 Form 990

Liquid Funds Indicator = 4.25 months

Debt to Asset Ratio= 18.9%

Debt to NA ratio = 123.9%

Program Service Ratio = 85.9%

Savings Indicator = 22.5%

Current Ratio = 3.45

Defensive Interval = 3.24

Liquid Funds Amount = ($111,359,654)

Return on Investment = 4.94%

Times Interest Earned Ratio = 22.2

Walden Conservatory of Music Based on 2017 Form 990

Liquid Funds Indicator: 1.52 months

Debt to Asset Ratio: 18.3%

Debt to NA Ratio: 22

Program Service Ratio: 75.9%

Savings Indicator: 4.12%

Current Ratio: 2.34

Defensive Interval: 2.43

Liquid Funds Amount: ($580,418)

Return on Investment: 6.9%

Times Interest Earned Ratio: 6.36