Diabetes Health Network (DHN) is a not-for-profit organization that provides health education, counseling, and treatment options to individuals living with Type 1 diabetes. DHN has asked you to analyze its financial health for fiscal year 2014, which ended on December 31, and has provided you with the following summary information from its financial statements:

From the Statement of Financial Position as of December 31, 2014:

• Total Current Assets: $60,636,000
• Total Receivables: $59,005,000
• Inventory: $1,454,000
• Total Current Liabilities: $42,986,000
• Total Liabilities: $42,986,000
• Total Net Assets: $76,089,000

From the Statement of Activities for the Year Ending December 31, 2014:

• Unrestricted Revenue and Support: $194,490,000
• Total Revenues: $202,483,000
• Total Program Services Expenses: $141,594,000
• Total Supporting Services Expenses: $53,230,000
• Total Expenses: $194,824,000

From the Statement of Cash Flows for the Year Ending December 31, 2014:

• Net Cash Flows from Operating Activities: $1,884,000
• Net Cash Flows from Investing Activities: ($4,305,000)
• Payments on Line of Credit: ($4,940,000)
• Net Cash Flows from Financing Activities: $4,658,000
• Net Increase/(Decrease) in Cash: $2,237,000

From the Statement of Functional Expenses for the Year Ending December 31, 2014:

• Supplies Expense: $3,812,000
• Interest Expense: $72,000
• Depreciation Expense: $3,888,000

Use the information provided above to answer the following questions:

Tips:

• Round to 2 decimal places, e.g. 53.12.
• Where appropriate, write your answer in terms of the unit specified. For example, if the input box has a % sign next to it, convert your answer into %. But do not enter the % sign in the input box, e.g. convert 0.01 to 1.00% but write only 1.00 in the box.
• Use a hyphen or dash to indicate negative numbers. Do not use parentheses. E.g. -52.13 is OK, (52.13) is not.

A) For DHN, calculate the ratio that measures total profits during FY 2014 relative to the organization's total net assets. B) On average, how many days did it take DHN to collect its receivables during FY 2014? c) Calculate DHN's current ratio for FY 2014. $ D) How does your answer to question (C) compare to the rule of thumb for this ratio? 1. Favorably 2. Unfavorably 3. There is no rule of thumb for this ratio [Write 1 or 2 or 3] E) Calculate DHN's debt to assets ratio for FY 2014. $ F) For DHN, calculate the ratio that examines how many times over the organization can make its interest payments and debt repayments using only its cash from operations for FY 2014. times G) How does your answer to question (F) compare to the rule of thumb for this ratio? 1. Favorably 2. Unfavorably 3. There is no rule of thumb for this ratio [Write 1 or 2 or 3] H) DHN's program services ratio exceeded the commonly accepted benchmark for this ratio in FY 2014. 1. True 2. False 3. There is no rule of thumb for this ratio [Write 1 or 2 or 3] A) For DHN, calculate the ratio that measures total profits during FY 2014 relative to the organization's total net assets. B) On average, how many days did it take DHN to collect its receivables during FY 2014? c) Calculate DHN's current ratio for FY 2014. $ D) How does your answer to question (C) compare to the rule of thumb for this ratio? 1. Favorably 2. Unfavorably 3. There is no rule of thumb for this ratio [Write 1 or 2 or 3] E) Calculate DHN's debt to assets ratio for FY 2014. $ F) For DHN, calculate the ratio that examines how many times over the organization can make its interest payments and debt repayments using only its cash from operations for FY 2014. times G) How does your answer to question (F) compare to the rule of thumb for this ratio? 1. Favorably 2. Unfavorably 3. There is no rule of thumb for this ratio [Write 1 or 2 or 3] H) DHN's program services ratio exceeded the commonly accepted benchmark for this ratio in FY 2014. 1. True 2. False 3. There is no rule of thumb for this ratio [Write 1 or 2 or 3]