Business, 04.12.2019 07:31 zack66828

A. as financial adviser, evaluate the camp’s statement of financial position and statement of activities and prepare a report for the chair of the allocation committee indicating the extent to which the camp’s financial situation has improved or worsened. in your analysis, you should look at the camp’s un-restricted financial position, both including and excluding the use of the $37,500 of temporarily restricted net assets for operating purposes. as part of your analysis, you should consider liquidity (current and/or quick ratio), days of financial reserves, and effectiveness (program expenses/total expenses). financial reserves ratio is calculated as working capital (current assets – current liabilities) divided by expenses. to calculate the number of days of financial reserves available to cover expenses, multiply the financial reserves ratio by 365 days.

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A. as financial adviser, evaluate the camp’s statement of financial position and statement of activi...