In FY 2020, the ABC Settlement House had $800,000 in unrestricted revenues and $780,000 in...
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Accounting
In FY 2020, the ABC Settlement House had $800,000 in unrestricted revenues and $780,000 in unrestricted expenses. In the previous year, FY 2019, the ABC Settlement House had $700,000 in unrestricted revenues and $685,000 in unrestricted expenses. What ratios would you use to conduct a financial analysis of this nonprofit? What are the answers and what conclusions would you draw?
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