Presented below are financial statements $($except cash flows$)$ for two not$-$for$-$profit organizations.

ABC Not$-$for$-$Profit XYZ Not$-$for$-$Profit

Statement of Activities Unrestricted Donor$-$Restricted Unrestricted Donor$-$ Restricted

Revenues

Program service revenue $ $5,615,000$ $ $2,258,000$

Contribution revenues $3,088,250$ $ $752,5003,211,500$

Grant revenue $96,500$ $ $1,028,500$

Net gains on endowment investments $17,500$

Net assets released from restriction

Satisfaction of program restrictions $451,500(451,500)378,500(378,500)$

Total revenues $9,172,250397,5005,848,000650,000$

Expenses

Education program expenses $6,284,7501,686,000$

Research program expense $1,355,0002,240,000$

Total program service expenses $7,639,7503,926,000$

Fund$-$raising $552,000413,500$

Administration $652,500993,500$

Total supporting service expenses $1,204,5001,407,000$

Total expenses $8,844,2505,333,000$

Increase in net assets $328,000397,500515,000650,000$

Net assets, January $15,210,000766,5001,041,000322,000$

Net assets, December $31$ $ $5,538,000$ $ $1,164,000$ $ $1,556,000$ $ $972,000$

Statement of Net Assets ABC Not$-$for$-$Profit XYZ Not$-$for$-$Profit

Current assets

Cash $ $205,500$ $ $357,500$

Short$-$term cash equivalents $266,00099,500$

Supplies inventories $32,000150,500$

Receivables $441,000189,000$

Total current assets $944,500796,500$

Noncurrent assets

Noncurrent pledges receivable $173,50086,500$

Endowment investments $2,599,500$

Land, buildings, and equipment $($net$)3,186,5001,774,500$

Total noncurrent assets $5,959,5001,861,000$

Total assets $ $6,904,000$ $ $2,657,500$

Current liabilities

Accounts payable $ $23,000$ $ $129,500$

Total current liabilities $23,000129,500$

Noncurrent liabilities

Notes payable $179,000$

Total noncurrent liabilities $179,000$

Total liabilities $202,000129,500$

Net Assets

Unrestricted $5,538,0001,556,000$

Donor restricted for purpose $164,0000$

Donor restricted for endowment $1,000,000972,000$

Total net assets $6,702,0002,528,000$

Total liabilities and net assets $ $6,904,000$ $ $2,657,500$

Required:

Calculate the following ratios $($assume depreciation expense is $$481,500$ for both organizations and is allocated among program and supporting expenses$)$:

Program expense.

Fund$-$raising efficiency.

Days cash on hand.

Working capital $($expressed in days$).$

For each ratio, which of the two organizations has the stronger ratio.

Note: Assume $365$ days in a year. Do not round intermediate calculations. Round "Program expense" answers to $1$ decimal place and "Fund$-$raising efficiency" answers to $3$ decimal places and "Days cash on hand", "Working capital" answers to nearest whole number.