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 Based on 2017 Form 990

Liquid Funds Indicator = 4.25 months

Debt to Asset Ratio= 18.9%

Debt to NA ratio = 1.239

Program Service Ratio = 85.9%

Savings Indicator = 22.5%

Current Ratio = 5.36

Defensive Interval = 31.19

Liquid Funds Amount = No Long term liability

Return on Investment = 40.7%

Times Interest Earned Ratio = 22.2

Walden Conservatory of Music Based on 2017 From 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: $

Return on Investment: 6.9%

Times Interest Earned Ratio: 6.36