This exercise will build on the discussion board activity using the same 3 organizations you claimed.
Prepare an Excel spreadsheet summarizing the following data for each of the 3 organizations:
Restricted net assets (permanent and temporary);
Total net assets;
Ratio of restricted net assets to total net assets;
Company’s contribution revenue recognition policy, if disclosed;
Two most significant expenses contained in the note disclosures; and
The amount of unconditional promises receivable due in 1 to 5 years from the balance sheet date.
Next, in MS Word, please provide your thoughts, ideas, questions, or commentary on the information you have reviewed for each entity. You could search for news stories regarding the organizations chosen that might help with your analysis or provide other defining information like fraud investigations, tax issues, or other positive or negative details of the organization that might provide some frame of reference for the data in the reports.
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