Question #3

[Helene Lapierre]

this is what I have for question #3.  The items that are in bold are items that I think need more information or correction.

 

Take Care

Helene ( Lenny )

[Jeff & Renee Renaud]

Hi Helene,

 

What statements are you looking at?  I pulled 2010/2011 for Canada nationwide.  These the same that you are looking at?

 

Renee

[lenny.l...@gmail.com]

I used the link right from the assignment

Sent from my BlackBerry® wireless device

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From: "Jeff & Renee Renaud" <ren...@bmts.com>

Sender: fa4-sum...@googlegroups.com

Date: Mon, 8 Aug 2011 22:33:24 -0400

To: <fa4-sum...@googlegroups.com>

ReplyTo: fa4-sum...@googlegroups.com

Subject: RE: Question #3

[Ruby Lal]

you have to use 2007 as indicated in the assignment - the link is also posted along with the assignment.

[Jeff & Renee Renaud]

Thanks

[Helene Lapierre]

I used the statements that are provided by the link

[KevinM]

>  Assignment 3 question 3.docx
> 22KViewDownload

[KevinM]

How do you attached a doc to this board

On Aug 8, 6:14 pm, Helene Lapierre <lenny.lapie...@gmail.com> wrote:

[lenny.l...@gmail.com]

Not sure - I go straight to my gmail account - and send a regular email

Sent from my BlackBerry® wireless device

-----Original Message-----
From: KevinM <kevinma...@rogers.com>
Sender: fa4-sum...@googlegroups.com
Date: Tue, 9 Aug 2011 16:41:03
To: FA4 Summer 2011<fa4-sum...@googlegroups.com>
Reply-To: fa4-sum...@googlegroups.com
Subject: Re: Question #3

[Ruby]

Helene,

is there a reason why you are not including the income earned under
the externally restricted fun in part d?

On Aug 8, 6:14 pm, Helene Lapierre <lenny.lapie...@gmail.com> wrote:

[lenny.l...@gmail.com]

I don't have the question in front of me - what is part d asking?

Sent from my BlackBerry® wireless device

-----Original Message-----
From: Ruby <confuz...@gmail.com>
Sender: fa4-sum...@googlegroups.com
Date: Tue, 9 Aug 2011 19:09:05
To: FA4 Summer 2011<fa4-sum...@googlegroups.com>
Reply-To: fa4-sum...@googlegroups.com
Subject: Re: Question #3

[Ruby Lal]

what percentage of years revenue was spent on fundraising - you only used the numbers under operations to calculate.

[lenny.l...@gmail.com]

Oh ya there was 52K spent on fund raising divided by the total revenue - that is what I understood that they were looking for

Sent from my BlackBerry® wireless device

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From: Ruby Lal <confuz...@gmail.com>

Sender: fa4-sum...@googlegroups.com

Date: Tue, 9 Aug 2011 22:12:54 -0400

To: <fa4-sum...@googlegroups.com>

ReplyTo: fa4-sum...@googlegroups.com

[Ruby Lal]

the amount you had in your word doc is Revenues for 2007 = 176,920. Fundraising costs = 50,292. 50292/176,920 = 28.43%.

i am including The amount spend on fundraising (in thousands of dollars) in the operations fund $50,292, in the externally restricted fund $36, for a total of $50,328.  Total revenue is $176,920 in the operations fund, $8,395 in the externally restricted fund, for a total of $185,315.  The percentage is 50,328/185,315 = 0.2715 so 27.15%.

anyone else get the same amount?

[lenny.l...@gmail.com]

Yes that is correct. Do you think that it should be something different? On blackboard - the calc seemed to be correct.

Sent from my BlackBerry® wireless device

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From: Ruby Lal <confuz...@gmail.com>

Sender: fa4-sum...@googlegroups.com

Date: Tue, 9 Aug 2011 22:17:13 -0400

[Ruby]

yes i am thinking we need to include the operations and restricted for
total revenue. the cash flow statements increase in resources (net
income) $4,773 is (209)+4982 from the statement of financial
activities.

On Aug 9, 10:19 pm, lenny.lapie...@gmail.com wrote:
> Yes that is correct. Do you think that it should be something different?  On blackboard - the calc seemed to be correct.
> Sent from my BlackBerry® wireless device
>
>
>
>
>
>
>
> -----Original Message-----
> From: Ruby Lal <confuzeds...@gmail.com>
>
> Sender: fa4-sum...@googlegroups.com
> Date: Tue, 9 Aug 2011 22:17:13

> To: <fa4-sum...@googlegroups.com>

> Reply-To: fa4-sum...@googlegroups.com
> Subject: Re: Question #3
>

> the amount you had in your word doc is Revenues for 2007 = 176,920.
> Fundraising costs = 50,292. 50292/176,920 = 28.43%.
>
> i am including The amount spend on fundraising (in thousands of dollars) in
> the operations fund $50,292, in the externally restricted fund $36, for a
> total of $50,328.  Total revenue is $176,920 in the operations fund, $8,395
> in the externally restricted fund, for a total of $185,315.  The percentage
> is 50,328/185,315 = 0.2715 so 27.15%.
>
> anyone else get the same amount?
>

> On Tue, Aug 9, 2011 at 10:15 PM, <lenny.lapie...@gmail.com> wrote:
>
> > ** Oh ya there was 52K spent on fund raising divided by the total revenue

> > - that is what I understood that they were looking for
>
> > Sent from my BlackBerry® wireless device

> > ------------------------------
> > *From: * Ruby Lal <confuzeds...@gmail.com>
> > *Sender: * fa4-sum...@googlegroups.com
> > *Date: *Tue, 9 Aug 2011 22:12:54 -0400
> > *To: *<fa4-sum...@googlegroups.com>
> > *ReplyTo: * fa4-sum...@googlegroups.com
> > *Subject: *Re: Question #3

>
> > what percentage of years revenue was spent on fundraising - you only used
> > the numbers under operations to calculate.
>

[lenny.l...@gmail.com]

Ok - I will look at it in the morning and I will send off any changes that I make