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Presented below are financial statements ( except cash flows ) for two not - for - profit organizations. table [ [ table [
Presented below are financial statements except cash flows for two notforprofit organizations.
tabletableStatement of ActivitiesRevenuesAsp Notformprofit,XYz NotforProfitUnrestrimetedDonorRestricted,Unrestricted,Donor RestrictedProgran service revenue,$Contribution revenues,$table$
Required:
a Calculate the following ratios assume depreciation expense is $ for both organizations and is allocated amc and supporting expenses:
Program expense.
a Calculate the following ratios assume depreciation expense is $ for both organizations and is allocate and supporting expenses:
Program expense.
Fundraising efficiency.
Days cash on hand.
Working capital expressed in days
b For each ratio, which of the two organizations has the stronger ratio.
Note: Assume days in a year. Do not round intermediate calculations. Round "Program expense" ansu place and "Fundraising efficiency" answers to decimal places and "Days cash on hand", "Working capite whole number.
tabletableRatiosProgram expensex Answer is complete but not entirely correct.ABCStronger RatioABC NotforProfit,
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