Please help me Presented below are financial statements (except cash flows) for two not-for-profit organizations. Neither organization has anypermanently restricted net assets.ABC Not-for-ProfitTemporarilyRestrictedXYZ Not-for-ProfitTemporarilyRestrictedStatement of ActivitiesUnrestrictedUnrestrictedRevenuesProgram service revenueContribution revenues$ 6,195, 0903, 387, 500$ 756, 000182, 000$2, 310, e003, 260, e00Grant revenue$1,831, e00Net gains on endowment investmentsNet assets released from restriction18,190Satisfaction of program restrictionsTotal revenuesExpensesEducation program expensesResearch program expenseTotal program service expensesFund-raisingAdministration(462,000)396, 000557, 000462,00018,862, 600(557,e00)474, 0006,127,0006,221, e001,262,0007,483,000516, 000656, 0001,172, 0008,655, e001,407,6004,214,000$ 5,621,6901,565, 0002,556, e004,121,e00386, e0e1,235,0001,621,0005,742, 000385, 0001,843, 500Total supporting service expensesTotal expensesIncrease in net assetsNet assets January 1396, 099765, 000$1,161, e09474, e00326, e00Net assets December 31$1,428, 500$ 800, e90Statement of Net AssetsABC Not-for-ProfitXYZ Not-for-ProfitCurrent assets$ 211,000271,e0038,e00445,500965, 500$ 362,e0099, 600156, e00194, See812, 100CashShort-term cash equivalentsSupplies inventoriesReceivablesTotal current assetsNoncurrent assetsNoncurrent pledges receivableEndowment investmentsLand, buildings, and equipment (net)Total noncurrent assetS271,00050,0003,181,0006,102,000$7,867,5001,774, 0001,774, e00Total assets$2,586, 100Current liabilitiesAccounts payable29,00029,000$135,000135, e00Total current liabilitiesNoncurrent liabilitiesNotes payable184,500184,500213,500Total noncurrent liabilitiesTotal liabilities135,000Net AssetsUnrestricted2,370, see8e, 6004,031,000161,0002,650,0006,842,000$7,055, s0eDonor restricted for purposeDonor restricted for endowmentTotal net assets2,451,100$2,586, 100Total liabilities and net assetsRequlred:a. Calculate the following ratios (assume depreciation expense is $756.000 for both organizations and is allocated among programand supporting expenses):Program expense.• Fund-raising efficiency.Days cash on hand.Working capital (expressed in days).

Answer - Part 1 - Program Expenses Ratio - = Total Program Service Expenses / Total Expenses.…

Presented below are financial statements (except cash flows) for two not-for-profit organizations. Neither organization has any permanently restricted net assets. XYZ Not-for-Profit Temporarily Restricted ABC Not-for-Profit Temporarily Restricted Statement of Activities Unrestricted Unrestricted Revenues Program service revenue Contribution revenues $ 6,195, 000 3, 387, 500 $2, 310, e00 3, 260, e00 $ 756, 000 102, 000 Grant revenue Net gains on endowment investments Net assets released from restriction Satisfaction of program restrictions Total revenues $1,831, e00 18,100 462,000 10,862, 600 (462,008) 396, 008 557,000 6,127,000 (557,008) 474, 000 Expenses Education program expenses Research program expense Total program service expenses Fund-raising Administration 6,221,000 1,262,000 7,483,000 516, 000 656, 000 1,172, 090 8,655, e00 1,407,600 4,214, e00 $ 5,621,600 1,565, e00 2,556, e00 4,121,000 386, e00 1,235,000 1,621,000 5,742, 000 Total supporting service expenses Total expenses Increase in net assets 396, 000 765,000 $1,161,000 474, 000 326, 800 $ 800, e00 385, e0e Net assets January 1 1,843, 500 $1,428, 500 Net assets December 31 Statement of Net Assets ABC Not-for-Profit XYZ Not-for-Profit Current assets Cash Short-term cash equivalents Supplies inventories Receivables Total current assets $ 211,000 271,000 38,000 445,500 965, 500 $ 362, 000 99,600 156, 800 194, se0 812, 100 Noncurrent assets Noncurrent pledges receivable Endowment investments 271,e00 2,650,000 3, 181, еее 6,102,000 1,774, e00 1,774, 009 Land, buildings, and equipment (net) Total noncurrent assetS Total assets $7,867,500 $2,586, 100 Current liabilities Accounts payable 29,000 29,e00 $ 135,000 135, e00 Total current liabilities Noncurrent liabilities Notes payable 184,500 184,500 213,500 Total noncurrent liabilities Total liabilities 135,ee0 Net Assets Unrestricted 4,031,000 161,e00 2,650,000 6,842,000 $7,855,500 2,370, 500 80, 600 Donor restricted for purpose Donor restricted for endowment Total net assets 2,451,100 $2,586, 100 Total liabilities and net assets Requlred: a. Calculate the following ratios (assume depreciation expense is $756.000 for both organizations and is allocated among program and supporting expenses): • Program expense. Fund-raising efficiency. • Days cash on hand. • Working capital (expressed in days).