Use 2018 Form 990 and the 2019 audited financial statements for Feeding America. Although Form...

70.2K

Verified Solution

Question

Accounting

Use 2018 Form 990 and the 2019 audited financial statements for Feeding America. Although Form 990 indicates it is for 20 actually for the period July 1,2018, to June 30,2019, the same time period as the 2019 audited financial statements.
Required
a. Compute the following performance measures using the Form 990.
b. Using the annual financial statements, calculate the following performance measures.
Answer is not complete.
Complete this question by entering your answers in the tabs below.
Compute the following performance measures using the Form 990.(Round your answers to two decimal places and the Going Concern ratio to three decimal places.)
\table[[,,Liquidity,,],[Choose Numerator,-:,Choose Denominator,=,Ratio],[Current Assets,,Current Liabilities,,],[106,955,173\times ,-:,15,171,035x,=,7.05],[,,Going Concern,,],[Choose Numerator,-:,Choose Denominator,=,Ratio],[Revenue over expenses,,Total Expenses,,],[2,906,461,748,x,-:,5,647,945,210x,=,0.515],[,,Program Effectiveness,,],[Choose Numerator,-:,Choose Denominator,=,Ratio],[Program Expenses,,Total Expenses,,],[2,785,029,312x,:',5,647,945,210x,=,0.49],[,,Fund-raising Efficiency,,],[Choose Numerator,-:,Choose Denominator,=,Ratio],[Fund-Raising Expenses,,Public Support,,],[29,143,306(x),-:,2,756,779,556,x,=,0.01]]
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students