review the financial statements of the march of dimes for 2013 as presented in table 12-8....

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Accounting

review the financial statements of the march of dimes for 2013as presented in table 12-8. comment as you can (even in the absenceof guidelines as to what constitutes norms for comparablefoundations) on the fiscal strength of the organization as of Dec.21, 2013 with respect to: liquidity, burden of debt relative toassets, adequacy of available resources to meet expenditures,current fiscal performance as indicated by surpluses or deficitsand riskiness of revenue stream

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Answer Comments with respect to 1 Liquidity it measures the ease at which a business can meet its immediate and shortterm financial obligations usually due within the next 12 months These obligations typically include the use of cash to make payments for expenses repayment of loans purchase of assets equipment vehicles machinery or distribution of profits and dividends So a business is said to have good liquidity when it has cash together with assets that can easily be converted to cash that total significantly more than the immediate and shortterm financial See Answer

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