All NCAA Division I FBS athletic departments rely primarily on generated revenues.

Please refer to the balance sheet and income statement above. What is the company’s average collection period ( / net sales)? Its credit terms are 30 days. How should the company respond?

What is the minimum tax-exempt bond yield needed if your tax rate is 35% and you are considering a taxable-bond with a 3.125% return?

You want to compare a smaller niche company such as lululemon with a larger company such as Nike. You use which of the following?

Annual financial report filed with IRS by most federally tax-exempt organizations in the U.S.

The athletic department at Big State University is considering two different facility renovation projects on their campus, both with 5 year life expectancies. Utilizing the payback period approach, determine the payback period and the correct recommendation for what the athletic department should decide regarding the potential renovation project. Project A Project B Year Cash Flow Cash Flow 0 ($750,000) ($400,000) 1 $200,000 $50,000 2 175,000 60,000 3 200,000 75,000 4 60,000 175,000 5 50,000 150,000

Jasmine’s Lacrosse Nonprofit reported $5,127,571 in Total Expenses; $848,023 in Fundraising Expenses; $3,805,699 in Program Expenses;  and $473,849 in Management and General Expenses. What is the organization’s program spending ratio (Program Expenses/Total Expenses) and how should they respond?

Jasmine’s Lacrosse Nonprofit reported $5,127,571 in Total Expenses; $848,023 in Fundraising Expenses; $3,805,699 in Program Expenses;  and $473,849 in Management and General Expenses. What is the organization’s administrative expense ratio (administrative expenses/total expenses) and how should they respond?

Less than 30 of 350+ NCAA Division I athletic departments generate revenues in excess of their expenses. What has the median “net loss” approximately been for NCAA Division I FBS athletic departments? 

Jasmine’s Lacrosse Nonprofit reported $5,127,571 in Total Expenses; $848,023 in Fundraising Expenses; $3,805,699 in Program Expenses;  and $473,849 in Management and General Expenses. What is the organization’s administrative expense ratio (administrative expenses/total expenses) and how should they respond?