In FY 2020, the MLK Settlement House had $800,000 in unrestricted revenues and $780,000 in unrestricted expenses. In the previous year, FY 2019, the MLK Settlement House had $700,000 in unrestricted revenues and $685,000 in unrestricted expenses. Using the profit margin ratio for each year, conduct a financial analysis of this nonprofit. What are the answers (show your work) and what conclusions would you draw?

Answer rating: 100% (QA)

Answer To conduct a financial analysis of the MLK Settlement House we can use the profit margin ratio for each year The profit margin ratio is calcula... View the full answer