Question: All the information needed is in the question. This is a complete question. Case 2-2 New England Trust* Sandra Connor, Vice President of New England

All the information needed is in the question. This is a complete question.

Case 2-2 New England Trust* Sandra Connor, Vice President of New EnglandTrust's Nonprofit Lending and Charities Department, found herself sifting through scores ofrsums to hire an assistant manager. Facing a glut of mostly MBAapplicants for the po- sition, Ms. Connor devised a system to testthe applicants' understanding of the nonprofit sector, and their ability to analyzefinancial statements for lend- ing and investment decisions. She gave each of

Case 2-2 New England Trust* Sandra Connor, Vice President of New England Trust's Nonprofit Lending and Charities Department, found herself sifting through scores of rsums to hire an assistant manager. Facing a glut of mostly MBA applicants for the po- sition, Ms. Connor devised a system to test the applicants' understanding of the nonprofit sector, and their ability to analyze financial statements for lend- ing and investment decisions. She gave each of the selected candidates for the position 90 minutes to complete the following exercise. Exhibit I contains summarized financial information for 10 local and re- gional organizations, representing a diverse range of the nonprofit sector. The exhibit includes both balance sheet and operating statement information as well as a set of common ratios. You may find that other ratios are useful, and, if so, you should calculate them.

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