Review financial statements of any nonprofit symphony

Assignment Help Accounting Basics
Reference no: EM131598907

To assess the health of a nonprofit -

  • Find and review the financial statements of any nonprofit symphony
  • In a report of500-600words, comment specifically on the following:What is the major source of the change in net assets that occurred in 2007 from the change that occurred in 2008? In your opinion, is this trend likely to continue? Why/why not?
  • If we assume that program expenses of the symphony should generally vary with ticket revenues, do they vary between 2007 and 2008? What could your answer indicate may be happening?
  • Is investment income a significant part of total sources of revenue in 2007 or 2008? Does this indicate a major concern about the reduction in the fair market value of investments between 2007 and 2009?
  • Based on your analysis above and any other analyses, comment on the future economic viability of this organization.

Reference no: EM131598907

Questions Cloud

What is the difference between a nuclear device and the rdd : What were the effects of the detonation of this nuclear device? What is the probability of the use of this bomb in a military operation?
Floated in large bodies of water during winter : Give at least two examples of what you think would happen to life if ice sank instead of floated in large bodies of water during winter.
Discuss about the carol gilligan ethic of care : How does Card distinguish between Carol Gilligan's ethic of care and the alternative position that Card offers as a better way of considering Gilligan's.
Summertime by splashing in a sprinkler : Discuss how a particular property of water allows children to cool off during the summertime by splashing in a sprinkler.
Review financial statements of any nonprofit symphony : Find and review the financial statements of any nonprofit symphony. comment on the future economic viability of this organization
Compute the values for amazon and the values for wal-mart : Compute the 2014 values for Amazon and the 2015 values for Wal-Mart based on information in the financial statements Inventory turnover and Days of inventory.
Why do you think a coastal city has a consistent : Why do you think a coastal city has a consistent, year-round temperature?
Stimulation of organs and organ systems : 1. Discuss the stimulation of organs and organ systems, carried out by the sympathetic division of ANS.
What has been their salary situation and benefits : Watch five short videos and summarize the Latino stereotypes in the U.S. media and especially in Hollywood productions. Make a summary.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Analyze the types of bonds the chosen company issues

Analyze the types of bonds the chosen company issues, and make a recommendation to the investor as to which type of bond would provide the most value. Justify your response.

  Construct a cost of production report

Comment on the change in costs per equivalent unit for January through March for direct materials and conversion costs.

  Corresponding estimates of the weibull parameters

Fluid breakdown. Use the complete data on seconds (In seconds) to insulating fluid breakdown at 35 kV in Tables 2.1 and 4.1. best linear unbiased estimate of the mean time to f, '11 '1 ure. (a) Assuming that the life distribution is expone..

  Amount of loss-claim on current year tax return

At the time of the notification, the note had a balance due of $15,500. What is the amount of loss, with respect to the note, that Hank's Auto may claim on the current year tax return?

  Problem related to break-even price

What factors might occur during the season that would alter the volume sold and thus the break-even price Annie might charge?

  Accounts receivable to mclaughlin company for cash

On December 1 of the current year, Jordan, Inc., assigns $125,000 of its accounts receivable to McLaughlin Company for cash.

  Volume of sales invoices

Twyla Enterprises uses a word processing computer to handle its sales invoices. Lately, business has been so good that it takes an extra 3 hours per night, plus every third Saturday, to keep up with the volume of sales invoices.

  Uncle harry called you to let you know that he intends to

uncle harry called you to let you know that he intends to sell his beautiful ski chalet in sun valley four years from

  Reagan and carter are partners their partnership agreement

reagan and carter are partners. their partnership agreement provides that dividing profits each is to be allocated

  Calculate the current ratio and inventory turnover

From the following information, compute the ratios indicated. Assume the average for the year is the same as the ending balances for the balance sheet accounts.

  Compute the olds net tax payable or refund due for 2013 use

alfred e. old and beulah a. crane each age 42 married on september 7 201. alfred and beulah will file a joint return

  Discuss the prudent investment strategy

In the March 30, 2005, issue of The Chicago Sun Times, there is an article by Eric Herman, entitled "Wrigley Opening Facilities Here and Around the World."

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd