HSM/260 | Fixed Cost, Variable Cost, and Break | Week Four Assignment | | Teresa Tracy | 9/9/2012 | [Type the abstract of the document here. The abstract is typically a short summary of the contents of the document. Type the abstract of the document here. The abstract is typically a short summary of the contents of the document.] | (A) High month subtracted by the low month 4900-3500=1400 (B) High costs subtracted by the low costs 26000-20500=5500 (C) Variable cost per
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Calculate the following: Current ratio, long-term solvency ratio, contribution ratio, programs/expense ratio, general and management/expense ratio, and revenue/expense ratio for the years 2003 and 2004. Current Ratio: 2003 Current Ratio = Current Assets Current Liabilities Current Ratio =82,058 93,975 Current Ratio = 0.87 2004 Current Ratio = Current Assets Current Liabilities Current Ratio =302,902 337,033 Current Ratio = 0.90 (rounded -up) Long-Term Solvency
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Analyzing Financial Statements Financial analysis is necessary in any human service agency as it allows it to get a clear picture of the financial standings for the fiscal year. According to Martin (2001), “financial analysis is defined as the process of using information from financial statements to calculate financial ratios that assess the financial standings of human service agencies.” There are six formulas used when conducting the financial analysis: long-term solvency ratio, contribution
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Final Project: Analyzing Financial Statements Joyce Davis HSM 260 December 2, 2012 Final Project: Analyzing Financial Statements Financial statements provide a nonprofit human service, with a detailed account of financial records that shows how the company finances are managed. A financial statement provides the company with records that show how their finances were handled in the past. It also allows a company to look at where the company is heading financially. It is very important that
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HSM 260 Entire Course FOR MORE CLASSES VISIT www.hsm260edu.com HSM 260 Week 1 CheckPoint Definition Scavenger Hunt HSM 260 Week 1 DQ 1 and DQ 2 HSM 260 Week 2 CheckPoint Accrual Method HSM 260 Week 2 Assignment Personal Balance Statement (Appendix C) HSM 260 Week 3 CheckPoint Cost Per Output Cost Per Outcome Response HSM 260 Week 3 DQ1 and DQ2 HSM 260 Week 4 CheckPoint Financial Ratios HSM 260 Week 4 Assignment Fixed Costs, Variable Costs, and Break HSM 260 Week 5 CheckPoint Forecasting
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HSM 260 Course Calendar |Monday |Tuesday |Wednesday |Thursday |Friday |Saturday |Sunday | |Week 1 |Day 1 |Day 2 |Day 3 |Day 4 |Day 5 |Day 6 |Day 7 | |HSM 260 |Post Bio 12/02 |DQ 1 12/03 | |DQ 2 12/05 |Definition Scavenger Hunt Check Point 12/06 | | | |Week 2 |Day 1 |Day 2 |Day 3 |Day 4 |Day 5 |Day 6 |Day 7 | |HSM 260 | | | |Accrual Method CheckPoint 12/12 | | |Personal Balance Statement 12/15 | |Week 3 |Day 1 |Day 2 |Day 3 |Day 4 |Day 5 |Day 6 |Day 7 | |HSM 260 | |DQ 1 12/17 | |DQ 2 12/19
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Associate Level Material Appendix A Final Project Overview and Timeline Final Project Overview The final project for HSM 260 is a compilation of various financial aspects of a nonprofit organization. Nonprofit Organization Profile In 2000, XYZ Corporation was incorporated as a 501(c)3 nonprofit in the state of Texas. The organization’s mission is to provide psychiatric counseling services for residents of El Paso County. XYZ receives funding from the state government on an annual basis
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Forecasting HSM/260 University of Phoenix 06/20/2013 Exercise 9.1 The following data represent total personnel expenses for the Palmdale Human Service Agency for past four fiscal years: 20X1 $5,250,000 20X2 $5,500,000 20X3 $6,000,000 20X4 $6,750,000 Forecast personnel expenses for fiscal year 20X5 using moving averages, weighted moving averages, exponential smoothing, and time series regression. For moving averages and weighted moving averages, use only the data for the past three
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