Question: Question: 14-7 Performance measure: Information from the 2010 form 990 and the 2010 annual report for feeding america, follows. Use the following information to complete

Question: 14-7 Performance measure: Information from the 2010 form 990 and the2010 annual report for feeding america, follows. Use the following information tocomplete the exercise. A. Compute the following performance measures using the Form990 data presented and comment on what information they convey to apotential donor whit out comparing them to prior years or other comparableQuestion: 14-7 Performance measure: Information from the 2010 form 990 and the 2010 annual report for feeding america, follows. Use the following information to complete the exercise. A. Compute the following performance measures using the Form 990 data presented and comment on what information they convey to a potential donor whit out comparing them to prior years or other comparable agencies. 1 .Current ratio- liquidity 2. Revenues/expenses going concern 3. Program expenses/total expenses- program effectiveness 4. Fund-raising expenses/public support B. Using the annual financial statement provided in this exercise, calculate the same ratio listed in requirement a. Comments on any differences. C. Discuss the advantages of analyzing financial performances using audited annual financial statement information versus IRS form 990 information

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!