Balance sheet for business Accounting HELP PLEASE?

Use the following balance sheet to find the following Current Ratio Long-term solvency ratio Contribution ratio Program/expense ratio General adn management/expense ratio Revenue/expense ratio XYZ NONPROFIT CORPORATION BALANCE SHEET 2002 (A) CASH FLOW FROM OPERATING ACTIVITIES Excess revenues over expenses($19,943.00) Adjustments to reconcile cash provided (used) in operations Depreciation$21,311.00 Decrease (increase) in accounts receivable($38,475.00) Decrease (increase) in prepaid expenses$307.00 Increase (decrease) in accounts payable$41,755.00 Increase (decrease) in accrued payroll and related expenses$5,976.00 Decrease (increase) in other assets$0.00 Net cash provided (used) in operations$10,931.00 CASH FLOW FROM INVESTING ACTIVITIES Acquisition of capital items($248,787.00) Net cash used by investing activities($248,787.00) CASH FLOW FROM FINANCING ACTIVITIES Net proceeds from refinancing of loan$180,000.00 Decrease in loans($2,468.00) Capital lease obligations$0.00 Principle payments on capital lease obligation$0.00 Net cash provided (used) in financing activities$177,532.00 Net increase (decrease) in cash($60,324.00) Cash, beginning of year$62,900.00 Cash, end of year$2,576.00

5 months ago - 1 answers