# Analizing Financial Statement Essay

2003 Words Oct 24th, 2015 9 Pages
Analyzing Financial Statements
Concepcion De Los Rios
HSM/260
October 3rd, 2015
Professor: Arin Norris

Analyzing Financial Statements
Calculating Ratios
Current Ratio: 2003

Current ratio=Current assets
Current liabilities

Current ratio =82,058.00
93,975.00

Current ratio =0.87

Long-term solvency ratio:

Long-term solvency ratio =Total assets
Total liabilities

Long-term solvency ratio =359,863.00
259,979.00

Long-term solvency ratio =1.38

Contribution ratio:

Contribution ratio = Largest revenue source
Total revenues

Contribution ratio =632,889.00
1,244,261.00

Contribution ratio =0.51

Programs/expense ratio:

Programs/expense ratio =Total program expenses
Total expenses

Programs/expense
ense ratio =1,526,311.72
1,972,131.00

Programs/expense ratio =0.77

General and management/Expense ratio:
Total general and management expenses
General and management/Expense ratio =
Total expenses

General and management/Expense ratio =445,819
1,972,131.00

General and management/Expense ratio =0.23

Fund-raising/Expense ratio:

Fund-raising/Expense ratio =Total fund-raising expenses
Total expenses

Fund-raising/Expense ratio =115,999
1,972,131.00

Fund-raising/Expense ratio =0.06

Revenue/expense ratio:

Revenue/Expense ratio =Total revenues
Total expenses

Revenue/Expense ratio =2,191,243

Revenue/Expense ratio =1.11

Current Ratio: 2002

Current ratio=Current assets
Current liabilities

Current ratio =104,296.00
139,017.00
Current ratio =0.75

Long-term solvency ratio:

Long-term solvency ratio =Total assets
Total liabilities

Long-term solvency ratio =391,270.00
310,246.00

Long-term solvency ratio =1.26

Contribution ratio:

Contribution ratio = Largest revenue source
Total revenues

Contribution ratio =617,169.00
1,165,065.00

Contribution ratio =0.53

Programs/expense ratio:

Programs/expense ratio =Total program expenses
Total expenses

Programs/expense ratio =834,008.20
1,185,008.00
General and management/Expense ratio =0.30

Fund-raising/Expense ratio:

Fund-raising/Expense ratio =Total fund-raising expenses
Total expenses

Fund-raising/Expense ratio =117,903
1,185,008.00

## Related Documents

• ###### Essay The Financial Statements Of An Organization

The financial statements of any organization offer a large amount of information that is beneficial to the public, as well as a manager or administrator. A manager must be able to tailor the financial system with the purpose of obtaining essential data that assists in the process of identifying problem areas to be able to adjust policies and practices to correct the issue (Broyles, Khaliq, & Mattachione, 2009). By integrating existing financial and clinical reporting systems, administrators can…

Words: 1007 - Pages:
• ###### Essay Financial Statements And Financial Ratios

Financial Statements and Financial Ratios Income Statement The income statement is a financial statement which is prepared by Accountants to show a company’s revenues, expenses, and income over time. It is also referred to as a profit and loss statement. The bottom line (net profit) on the income statement is calculated as net profit = revenue – costs. The major types of expenses that are sown on the typical income statement are cost of goods sold, operating expenses –selling, operating expenses…

Words: 1124 - Pages:
• ###### Essay Financial Statements And The Financial Status Of A Company

Financial statements can be referred to as the financial status of a company in a concise documented form. There are different types of financial statements. Financial statements, are required to be audited by audit firms to avoid manipulation of numbers. Statements are usually audited by the accounting firms after a thorough study of the company records. The accounting and the audit firms make sure that the company is obeying and operating under the rules laid down by the Generally Accepted Accounting…

Words: 1130 - Pages:
• ###### Essay A Firm 's Financial Statements

Firm 's Financial Statements By understanding a firm 's income statement, balance sheet, and statement of cash flow, one could easily determine a firm 's performance. Each financial statement is used to illustrate a specific area within a firm 's performance. To best understand the purpose of each financial statement, each will be looked at in greater detail followed by the five types of financial ratios to put the financial statements into perspective. Income Statement An income statement is the…

Words: 839 - Pages: 4
• ###### Financial Statements Essay

Financial Statements ACC/280 July 23, 2011 Cary Schulz, Facilitator Financial Statements Accounting is a critical aspect of any organization; without accounting a business will not be successful. This paper will inform one of the purposes of accounting; the four basic financial statements; how the basic financial statements are interrelated; and why they are useful for managers, investors, creditors, and employees. Accounting is crucial for every business. Purpose of Accounting Accounting…

Words: 860 - Pages: 4
• ###### Financial Statement Analysis Essay

By: Dinaa Orkoubi Rzan Albakr Sarah Asali Vivian Yadi Wang Orrstown Financial Services 2 In this assignment, we focus on Orrstown Financial Services vs. DNB Financial Corporations. Both institutions have similar financials and sizes of entities. The first part of the assignment is about, studying both institutions and compare them to each other. After that there will be an analysis and general study about the health of ORRF as…

Words: 3127 - Pages: 13
• ###### Essay Financial Statement Fraud : Financial Statements

Financial Statement Fraud Company financial statements provides information that is utilized by investors to evaluate the conduct of managers and to compose economic arrangements (Chinniah, 2015, p. 1). The consumers of the financial statement may consider the financial information received as dependable and appropriate for its function (p. 1). Chinniah indicates accounting standards and regulations have been put in place to try to certify the financial information provided is consistent with…

Words: 1706 - Pages:
• ###### Essay The Statement Of Cash Flows Is A Financial Statement

The statement of cash flows is a financial statement that explains where a company got its cash, how it spent its cash, and how much cash was held during a period (Kemp & Waybright, 2013). The two different formats that can be used when creating a statement of cash flows are the indirect method or the direct method. Both of the methods will report the same net cash from operating activities, investing activities, and financing activities. The only difference between the two methods is how the operating…

Words: 1835 - Pages:
• ###### Notes to Financial Statements Essay

ACCT 551 Course Project Notes to Financial Statements Source for the original company financial statements: http://files.shareholder.com/downloads/FSLR/63956618x0x819571/AD02242D-C0E5-4C49-AE46-A8265164AD5F/First_Solar_2014_Annual_Report_Bookmark_-_Final.pdf TABLE OF CONTENTS Consolidated Balance Sheets for the year ended December 31, 2014, 2013 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 03 Consolidated Statements of Operations . . . . . . . . . . .…

Words: 1937 - Pages: 8
• ###### Essay The Formation Of Consolidated Financial Statements

Next, for general purpose financial reporting, the reason for the formation of consolidated financial statements are that they present the financial position and results for a parent and one or more subsidiaries as a single entity or corporation. Furthermore, a few benefits for the consolidation of financial statements are that for resource providers of the parent, creditors, and shareholders these financial statements tend to be more advantageous to them. In addition, when the combined entity that…

Words: 1169 - Pages: