What Financial Ratio Is Most Commonly Used to Evaluate Charitable

question 12

Multiple Choice

What financial ratio is most commonly used to evaluate charitable organizations?

• A) Current assets / current liabilities.
• B) Program expenses / total expenses.
• C) Increase in net assets / total assets.
• D) Total expenses / total revenues.

---

Definitions:

State Directory

A comprehensive listing of government and administrative offices within a specific state, often available online.

20 Days

A specific time period consisting of twenty consecutive days.

Hire Date

The specific date on which an individual officially begins their employment with an organization.

Employee Benefits

Various non-wage compensations provided to employees in addition to their normal salaries or wages. These can include health insurance, retirement plans, and vacation time.