Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please help with finance ratios Years Ended June 30, 2018 and 2017 Liabilities and Net Assets Current Liabilities Current maturities of long-term Accounts payable Accrued

Please help with finance ratios
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Years Ended June 30, 2018 and 2017 Liabilities and Net Assets Current Liabilities Current maturities of long-term Accounts payable Accrued expenses Total current liabilities Long-term Debt 10,170,168 10,851,182 Total liabilities 12,482,421 12,671,056 Unrestricted Net Assets 15,222,744 15,728,743 Total liabilities and net assets June 30,2018 and 2017 Finandal Statement Fields Required and Organization's Data ( From formulas above) Ten Financial Ratios Use for CFO and other class projects and assignments For this case study, analyze just these financial ratios 1. Days in Accounts Receivable 2. Current Ratio 3. Quick Ratio 4. Days Cash on Hand 5. Debt Service Coverage 6. Long Term Debt to Net Assets 7. Salary and Benefits as a % of Total Expenses Financial Ratio Calculations Chambers Memorial Module 3 Case 5 tudy RATIO RESULTS Efficienc! Lttcenty rificts Years Ended June 30, 2018 and 2017 Liabilities and Net Assets Current Liabilities Current maturities of long-term Accounts payable Accrued expenses Total current liabilities Long-term Debt 10,170,168 10,851,182 Total liabilities 12,482,421 12,671,056 Unrestricted Net Assets 15,222,744 15,728,743 Total liabilities and net assets June 30,2018 and 2017 Finandal Statement Fields Required and Organization's Data ( From formulas above) Ten Financial Ratios Use for CFO and other class projects and assignments For this case study, analyze just these financial ratios 1. Days in Accounts Receivable 2. Current Ratio 3. Quick Ratio 4. Days Cash on Hand 5. Debt Service Coverage 6. Long Term Debt to Net Assets 7. Salary and Benefits as a % of Total Expenses Financial Ratio Calculations Chambers Memorial Module 3 Case 5 tudy RATIO RESULTS Efficienc! Lttcenty rificts

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Million Air Exclusive Strategies For Pilots To Build Significant Wealth

Authors: Andy Garrison

1st Edition

1541383095, 978-1541383098

More Books

Students also viewed these Finance questions

Question

What is the accounting entry when an order is received?

Answered: 1 week ago

Question

Please help me with requirement 2 and 3

Answered: 1 week ago