Question
In FY 2020, the ABC Settlement House had total assets of $1.2 million and current assets of $300,000. Its current liabilities were $200,00 and its
In FY 2020, the ABC Settlement House had total assets of $1.2 million and current assets of $300,000. Its current liabilities were $200,00 and its long-term liabilities were $800,000.
Given this data....
1. What rations can be used to conduct a financial analysis of this nonprofit?
2. What would the answers to these rations be? (Show your work)
3. Given the fact that there is only one year's worth of data, what conclusions can you draw?
You can respond to these questions using Excel, MS Word.
7.2 - A Second Year's worth of Data
In FY 2019, the ABC Settlement House had total assets of $900,000 and current assets of $350,000. Its current liabilities were $240,00 and its long-term liabilities were $1,000,000.
Given this data....
1. Conduct a financial analysis and compare it to the analysis done in Question #1 (Assignment 7.1). Show your work.
2. What conclusions can you draw now that you have 2 year's worth of data?
You can respond to these questions using Excel, MS Word.
7.3 - The ABC Settlement House and Its Profits
In FY 2020, the ABC Settlement House had $800,000 in unrestricted revenues and $780,000 in unrestricted expenses. In the previous year, FY 2019, the ABC Settlement House had $700,000 in unrestricted revenues and $685,00 in unrestricted expenses.
Given this data....
1. What ratios would you use to conduct a financial analysis of this nonprofit?
2. What are the answers (Show your work) and what conclusions would you draw?
You can respond to these questions using Excel, MS Word.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
To conduct a financial analysis of the ABC Settlement House we can use the following ratios 1 Current Ratio This ratio measures the organizations liqu...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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