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Why do we need to understand the financial condition of an organization? Using the following scenario...

  1. Why do we need to understand the financial condition of an organization? Using the following scenario and current ratio explain the nonprofits position. The Andersonville Shelter has current assets of 230,000 and current liabilities of 300,000 in Fiscal year 2016, and 200,000 current assets and current liabilities of 290,000 in fiscal year 2017. Does the nonprofit need anything to improve its financial situation? If so, what would you recommend?
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