Analyze a Financial Statement of an Institution: (Length 2 pages)
Please use the attached financial statement of the "sample University "to answer the below using appropriate headings and APA formatting.Please answer the questions in a narrative form in the abbreviated paragraph format.
These are the attached statements you will need to review in the "Sample University" that the paper will be based on.
1. Statement of Financial Position
2. Statement of Activities
3. Statement of Cash Flows.
Revenue: 1st & 2nd paragraph** (please use these headings for each paragraph)**
What are the sources of revenue at the institution?
What revenue trends do you observe?
How dependent is this institution on certain sources of revenue?
What would that level of dependency mean for the institution? What may be the implications for various departments?
How may have contemporary economic conditions affected the trend of revenue sources?
Expenses: 3rd paragraph & 4th paragraph** (please use these heading for each paragraph)**
What expenditure trends do you observe from 2009-2010?
What do the expenses say about the institutions spending priorities?
What may be the budget and planning implications for this institution for the next fiscal year and beyond?
Based on the financial statements, what would you claim to be the current financial strength of this institution? Why?