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Question Set 3 - 3 . Using Exhibit 1 1 - 4 Meals for the Homeless Statement of Functional Expenses ( p . 4 1

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Question Set 3-3. Using Exhibit 11-4 Meals for the Homeless Statement of Functional Expenses (p.417),
(1) Calculate Program Expenditure Ratio (Show how you calculate). Also, interpret the ratio you have calculated (In other words, explain what the ratio means).
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