1. The Duty of Fiduciary Responsibility

2. Terminology Budgeting & Accounting Approval, Adoption, & Allocation Fund Structure

3. Budget Reports Balance Sheet Statement of Revenues & Expenditures

4. Profit Margin Net Income/Revenue

5. Profit Margin $ 8,861 2,156,478

6. Return on Assets Net Income/Assets

7. Return on Assets $ 8,861 10,643,701

8. Current Ratio Current Assets/Current Liabilities

9. Current Ratio $2,452,788 1,192,237

10. Quick Ratio Cash + Securities + Receivables Current Liabilities

11. Quick Ratio $1,096,044 1,192,237

12. Days Receivable Net Accounts Receivable (Revenues/365)

13. Days Receivable $61,922 33,330

14. Days Inventory Inventory (Cost of Goods Sold/365)

15. Days Inventory $159,354 1,522

16. Turnover Revenue Total Assets

17. Turnover $2,165,339 10,643,701

18. Debt/Equity Ratio Liability Equity

19. Debt/Equity Ratio $3,957,237 6,655,512

20. Leverage Assets Equity

21. Leverage $10,643,701 6,655,512

22. Debt Service Net Income+Depreciation+Interest Principle Repayment + Interest

23. Debt Service $303,661 6,450

24. Basic Questions Ahead or behind? Anything to be concerned about?

25. Additional Questions Most important source of revenue? Fastest growing expense? Does budget support goals?