The Ratio Unrestricted Net Assets as a Percent of Operating

question 26

True/False

The ratio unrestricted net assets as a percent of operating expenses is helpful in determining if the not-for-profit organization can cover its debt service expense.

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Definitions:

Patients

Individuals under medical care or treatment.

Fire Department

A municipal organization responsible for preventing and extinguishing fires, as well as providing other emergency services.

Emergency Preparedness

The discipline of dealing with and avoiding both natural and man-made disasters, involving planning, organizing, coordinating, and implementing activities to mitigate the effects of emergencies.

Patients

Individuals receiving medical treatment or care from healthcare providers.