Week Nine: Analyzing Financial StatementsDetailsDuePointsObjectives11.1Analyze an agencyâs financial condition given specified financial statements.n/an/aParticipationParticipatein class discussion.Min 4 days10Capstone Discussion QuestionRespondto the capstone discussion question.· Why is it important for a human service professional to be familiar with financial management? Provide at least two examples that illustrate your point.Day 2Tuesday20Final ProjectAnalyzing Financial StatementsResource:Appendix AReviewthe 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 organizationâs 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 organizationâs 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.Day 7Sunday250
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