Helping People is a not-for-profit organization that provides social services, including education and youth development,...

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Helping People is a not-for-profit organization that provides social services, including education and youth development, family support, housing, and legal services to low- Income families. Use the information provided below about Helping People's financial statements for fiscal year 2020 to answer the following questions: From the Statement of Financial Position as of December 31, 2020: Total Current Assets: Total Receivables: Total Assets: Total Current Liabilities: Total Liabilities: Total Net Assets: $16,003,258 $13,660,860 $21,969,880 $10,717,774 $15,820,950 $6,148,930 From the Statement of Activities for the Year Ending December 31, 2020: $68,700,667 Revenues & Support without Donor Restrictions: Total Revenues & Support: Total Expenses: $68,652,258 $68,309,070 From the Statement of Cash Flows for the Year Ending December 31, 2020: Cash Flows from Operating Activities: $256,340 Cash Flows from Investing Activities: ($692.978) Cash Flows from Financing Activities: ($30,419) Net Increase/(Decrease) in Cash: ($467,057) From the Statement of Functional Expenses for the Year Ending December 31, 2020: $212,267 Depreciation Expense: Interest Expense: Total Program Expenses: $324,737 $59,705,094 Round your answers to TWO decimal places. . DO NOT include symbols (5) or commas in your answers. Indicate negative numbers with a hyphen or dash -.-50.as Write your answer in terms of the unit specified. For example, if the input box has a sign next to it, convert your answer into a percentage, but do not enter the sign in the input box e.. convert 0.0156 to 1.56% but write only 1.56 in the blank A) How many times could Helping People make interest payments out of its operating profits in FY 2020? B) How does your answer to Part A compare to the rule of thumb for this ratio? 1. Favorably 2. Unfavorably 3. There is no rule of thumb for this ratio Write the WHOLE number corresponding to the correct option-eg. 1 or 2 or 3] A C Calculate Helping People's Total Margin for A FY 2020: % D) Helping People's Total Margin in FY 2019 was 0.45%. How does their Total Margin for FY 2020 compare to the ratio from FY 2019? 1. Favorably 2. Unfavorably 3. Cannot tell from the information provided Acceptable answers: "1", "2", or "3" E) Calculate how many days, on average, it took Helping People to collect their outstanding receivables during FY 2020: days F) In FY 2019, on average, it took Helping People 86.24 days, on average, to collect outstanding receivables, How does Helping People's collection efficiency in FY 2020 compare to its efficiency in FY 2019? 1. Favorably 2. Unfavorably 3. Cannot tell from the information provided Acceptable answers: "1", "2", or "3" G) Calculate Helping People's Current Ratio for FY 2020: $ G) Calculate Helping People's Current Ratio for FY 2020: $ H) How does your answer to Part G compare to the rule of thumb for this ratio? 1. Favorably 2. Unfavorably 3. There is no rule of thumb A Helping People repaid exactly $30,419.00 in borrowed funds during FY 2020. 1. True 2. False 3. Cannot tell from the information provided Acceptable answers: "1", "2", or "3" A J) Calculate Helping People's Debt to Assets Ratio for FY 2020: $ K) How does your answer to Part compare to the rule of thumb for this ratio? 1. Favorably 2. Unfavorably 3. There is no rule of thumb for this ratio [Write the WHOLE number corresponding to the correct option - e.g. 1 or 2 or 3] L) Helping People purchased financial or capital assets worth at least $692.978.00 in FY 2020. 1. True 2. False 3. Cannot tell from the information provided Acceptable answers: "1", "2", or "3

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