Question
Link for references and information: https://mscanada.ca/sites/default/files/documents/2023-06/Multiple%20Sclerosis%20Society%20of%20Canada%20-%20Comb%20%28Dec%202022%29%20%28Final%20FS%29%20-%20signed.pdf 1. Calculate the MS Society's Ratios for 2021- and 2022-Days Cash, Profit Margin, Current ratio (including and excluding
Link for references and information:
https://mscanada.ca/sites/default/files/documents/2023-06/Multiple%20Sclerosis%20Society%20of%20Canada%20-%20Comb%20%28Dec%202022%29%20%28Final%20FS%29%20-%20signed.pdf
1. Calculate the MS Society's Ratios for 2021- and 2022-Days Cash, Profit Margin, Current ratio (including and excluding Deferred revenues), Debt to Net Assets, Unrestricted Assets Ratio, Fundraising Efficiency Ratios, and change in revenue and profit.
2. Provide an interpretation of these ratios for the MS Society's current and relative financial position and how it has changed since 2021.
Are they in a good financial position? What worries you and what looks good?
3. Which of their fundraising revenue streams (leadership giving, signature events, direct marketing, local fundraising initiatives, partnership events and challenges, challenge MS, or gaming) had the highest gross profit and gross profit margin in 2022?
4. How does that differ from 2021?
5. What implications do these numbers have for future investments and priorities in fundraising?
6. Over the next few years, what advice would you give to the MS Society to improve its financial health and why?
7. Why did the MS Society's grants from governments increase significantly from 2019 to 2020?
8. How did the MS Society's revenue, excluding revenue from the government, change from 2019 to 2020?
9. Why is it valuable to exclude revenue from the government when assessing their total revenue?
10. How much did the MS Society spend on severance in 2020?
Step by Step Solution
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Step: 1
Calculate the following ratios for both 2021 and 2022 based on the financial information provided in the document Days Cash Ratio Profit Margin Curren...Get Instant Access to Expert-Tailored Solutions
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