Complete the following using the two years of audited financial statements for the Valley of the Sun United Way (The last two
years are shown in the same Annual Financial Audit Report):
· Where do you see major increases or decreases in line items?
· What internal or external factors might have caused those changes in the line items over the course of the year?
· What is your hypothesis for the changes? Consider both macro and micro possible causes.
· Acting as a financial analyst, what questions would you ask Valley of the Sun United Way's CFO regarding the changes in the organization's financial statements over the years? Why is it important that you ask financial questions of the organization?
· Use at least four financial ratios as performance measures of the organization. Refer to Ch. 5 of Financial Management for Human Service Administrators.