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Required adviser, evaluate the camp's statement of financial position and statement of activities and prepare a report the chair of the allocation committee indicating the
Required adviser, evaluate the camp's statement of financial position and statement of activities and prepare a report the chair of the allocation committee indicating the extent to which the camp's financial situation has improved worsenedIn your analysisyou should at the camp's financial position without donor restrictionsboth including excluding the use of the $ of net assets with donor restrictions for operating purposes As part of your analysis you should consider liquidity current andor quick ratiodays of financial reserves, and efficiency program expenses total expensesFinancial reserves ratio is calculated working capital current assets current liabilities divided by expensesTo calculate the number of days of financial reserves available to cover expenses, multiply the financial reserves ratio by days What is your reaction to the board of directors decision to use, for operating purposes the $ net assets with donor restrictions provided by a donor for building expansion What amount of United Way funds would you recommend be allocated to the camp for year Explain your recommendation
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