QuestionWeek Nine: Analyzing Financial Statements

1.1

Analyze an agency’s financial condition given specified financial statements.

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Why is it important for a human service professional to be familiar with financial management? Provide at least two examples that illustrate your point.

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Analyzing Financial Statements

Reviewthe financial statements in Appendix D.

Calculatethe following: Current ratio, long-term solvency ratio, contribution ratio, programs and expense ratio, general and management and expense ratio, and revenue and expense ratio for the years 2003 and 2004.

Includethe current ratio, long-term solvency ratio, contribution ratio, programs and expense ratio, general and management and expense ratio, and revenue and expense ratio calculated in the Week Four Assignment.

Providea 200- to 300-word explanation of the importance of each ratio for all three years listed in Appendix D. Include a statement of whether the organization’s financial picture has improved or not within the 3-year period specified in Appendix D.

Calculatethe fixed cost, variable costs, and break-even point for the XYZ Corporation for the years 2003 and 2004 listed in Appendix D.

Includethe fixed cost, variable costs, and break-even point for the XYZ Corporation for the year 2002 from the Week Six CheckPoint.

Discussthe purpose, advantages, disadvantages, and type of feedback provided by a line item, performance, and program budget in a 350- to 700-word essay.

Providea 350- to 700-word response to the following: Identify and describe two types of traditional approaches to fund development, and two types of nontraditional approaches to fund development that are appropriate for the XYZ Corporation, and provide a conclusion of the organization’s current and future financial picture.

Formatall written portions consistent with APA guidelines.

Compileall elements, including portions previously completed, and submit them as attachments to the same post.

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