Analyzing Financial Statements

Words: 949
Pages: 4
Open Document
Analyzing Financial Statements

December 16, 2012

Regina Campbell

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

2003 2004

Current Ratio: .87 .90 Long Term Solvency Ratio: 1.38 2.06

Contribution Ratio: .51 .49

Programs and expense ratio: .72 .77

General/ management/expense ratio: .28 .23

Revenue …show more content…
It does not give information about how much the organization spends on services.
The performance budgeting system is a system that is used by program administrators to manage the cost-efficient and effective budgeting outlays. The advantage of the performance budgeting system is that the system provides information on the amount of service that will be provided by the organization. Now the disadvantage of the performance budgeting system is that the organizations must employ sophisticated cost analysis techniques. They need to be able to determine the full cost of the program and to derive correct unit costs.
The program budgeting system is be able to explain the organizations expenses to the programs, to measure the programs outcomes as well as the cost to the program of achieving outcomes. The performance budgeting system shows the effectiveness of an organization. The advantages of the system are that they provide information about the outcomes of the program and they raise the level of debate from service and efficiency concerns to clients.

Provide a 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.

There are numerous ways to fund development that an
Show More

Related Documents: Analyzing Financial Statements

Final Project: Analyzing Financial Statements

Week Nine Final Project: Analyzing Financial Statements HSM 260 Current Ratio Table [ 1 ] | | 2002 | 2003 | 2004 | Current Ratio | Current Assets | $104,296.00 | 0.75 | $82,058.00 | 0.87 | $302,902.00 | 0.43 | | Current Liabilities | $139,017.00 | | $93,975.00 | | $699,004.00 | | An organization’s current ratio shows how liquid the assets of the agency are by comparison to the short term debts that the agency must pay to continue its operations. This ratio is calculated…

Words 2923 - Pages 12

financial managment Essay

STRATEGIC FINANCIAL MANAGEMENT http://www.itilnews.com/financial_management.html 1. INTRODUCTION "Financial management is concerned with raising financial resources and their effective utilization towards achieving the organizational goals." Dr. S.N Maheshwari "Financial management is the process of putting the available funds to the best advantage from the long term point of view of business objectives." Richard A. Brealey 1.1: Scope of Financial Management : Financial management…

Words 917 - Pages 4

Accounting Principles Essay examples

reporting, and analyzing a company’s financial transactions (Kimmel, 2010). Accounting helps business owners to make informed business decisions. Many organizations use bookkeeping to improve and sustain business operations for the purposes of upholding accounting standards and the ability to provide internal and external users with the calculated reports. For instance, the four basic financial statements are balance sheet, income statement, retained earnings statement, and statement of cash flows…

Words 603 - Pages 3

Samsung Financial Analysis

Analyzing the Samsung Financials: Income Statement: - (Amount in thousands of US dollars) By analyzing the Income Statement of Samsung, we have come to know that Samsung has achieved its target in 2013 and made profit of $28,877,821. Therefore their sales assisted them to cross their break even points and gave them enough revenue to overcome the both cost, fixed and variable. In 2012 the Income Statement…

Words 568 - Pages 3

Synopsis Of Quantitative Reasoning For Business Essay

business problems, analyze data using analytical tools and techniques. Over this period I have learnt how equation are used to solve problems , a mathematical statement in which two quantities are equal helps to find an unknown by isolating the variables , percentage forms ,cost mark-up and mark down , statistics and financial statements. However, I must say that this course had a tremendous effect on the way I am going to approach both professional and personal decisions. It enhanced my skills…

Words 357 - Pages 2

A Brief Note On Financial Reporting

Financial Reporting – Apple, Inc. ACC/290 Apple Inc. is a manufacturer and developer of consumer electronics, computers, and software. The company is headquartered in Cupertino, California and was, until recent, headed by founder and CEO, Steve Jobs. Apple is a well-recognized company that provides an alternative to the traditional personal computer, and personal devices. Assets and Liabilities of Apple The four different types of assets are Current Assets, Long-Term Assets, PPE (Property…

Words 840 - Pages 4

Gaap: Generally Accepted Accounting Principles and Gaap Essay

accounting and financial terms came about. The first market crash is what caused the improvement purpose of needing a set of guidelines and rules. Which will later be introduction to the world as the Generally Accepted Accounting Principles. Generally Accepted Accounting Principles as known as GAAP is a set guidelines, rules, and detailed procedures. (Karimi, 2013) In USA this set of rules has been established by the Financial Accounting Standards Board or FASB. These statements are used by investors…

Words 676 - Pages 3

Essay about Method Analysis

vertical, and ratio as explained in Chapter 9 of your textbook. Summarize each method, and discuss how the financial information is used to make a particular decision. Provide a scenario in a health care situation in which a given method of analysis might be used. Horizontal: "Horizontal analysis, also called trend analysis, refers to studying the behavior of indi- vidual financial statement items over several accounting periods. These periods may be several quarters within the same fiscal year or…

Words 937 - Pages 4

Financial Accounting Essay

1. Financial Accounting is the process that culminates in the preparation of financial reports (balance sheets, income statements, cash flow statements, and shareholders equity statements) on the enterprise for use by both internal and external parties that include investors, creditors, managers, unions, and government agencies. In contrast managerial accounting is the process of identifying, measuring, analyzing, and communicating financial information needed by management to plan, control, and…

Words 314 - Pages 2

Accounting HW Essay

Questions 1. Differentiate broadly between financial accounting and managerial accounting. Financial accounting is the process that culminates in the preparation of financial reports on the enterprise for use by both internal and external parties. Managerial accounting is the process of identifying, measuring, analyzing, and communicating financial information needed by management to plan, control , and evaluate a companys operations. Financial accounting is for both internal and external parties…

Words 495 - Pages 2