Hsm 260

Calculate the following: Current ratio, long term ratio, programs/exspense ratio,general and management exspense ratio and revenue/expense ratio for years 2003 &2004     2003 (A)     2004 (A)
         
CASH FLOW FROM OPERATING ACTIVITIES          
Excess revenues over expenses     ($72,420.00)     $219,112.00
         
Adjustments to reconcile cash provided (used) in operations          
Depreciation     $26,396.00       $36,452.00
Decrease (increase) in accounts receivable     $132,160.00       ($110,950.00)
Decrease (increase) in prepaid expenses     ($314.00)     ($2,640.00)
Increase (decrease) in accounts payable     ($34,875.00)     $64,250.00
Increase (decrease) in accrued payroll and related expenses     ($11,934.00)     $20,405.00
Decrease (increase) in other assets     $0.00       ($116.00)
         
Net cash provided (used) in operations     $39,013.00       $226,513.00
         
CASH FLOW FROM INVESTING ACTIVITIES          
         
Acquisition of capital items     ($17,227.00)     ($154,649.00)
         
Net cash used by investing activities     ($17,227.00)     ($154,649.00)




Current Ratio = Current Assets / Current Liabilities

2002
2003
2004
Current Assets
104,296
82,058
302,902
Current Liabilities
139,017
93,975
337,033
Current Ratio
0.75
0.87
0.90


Long-Term Solvency Ratio = Total Assets / Total Liabilities

2002
2007
2008
Total Assets
391,270
359,863
699,004
Total Liabilities
310,246
259,979
338,937
Long-Term Solvency Ratio
1.26
1.38
2.06


Contribution Ratio = Largest Revenue Source / Total Revenue

2002
2003
2004
Largest Revenue Source
617,169
632,889
1,078,837
Total Revenue
1,165,065
1,244,261
2,191,243
Contribution Ratio
0.53
0.51
0.49


Management/expense ratio = Management Expense / Total Expenses

2002
2003
2004
Management Expense
351,000
371,101
445,819
Total Expense
1,185,008
1,316,681
1,972,131
Management/expense ratio
0.30
0.28
0.23...