Assignment:
Write a 250- to 350-word summary outlining the importance of ratios in determining organizational financial health.
Include data from 2014 in Sample Public Service Organization Financial Statements to calculate each of the following:
• Current ratio
• Long-term solvency ratio
• Contribution ratio
• Programs and expense ratio
• General management and expense ratio
• Revenue and expense ratio
Follow the directions for each ratio of Financial Management. You must use the correct data source as directed.
Note: Sample Public Service Organization Financial Statements has 3 pages to it. You can flip through the pages by opening the tabs at the bottom of the Excel spreadsheet. You must go to the appropriate page of the spreadsheet to obtain the figures needed to complete each ratio.
Format your summary consistent with APA guidelines.
Note:You must show all of your mathematical calculations to receive full credit.