For this assignment, you will need to create a grant reporting plan.Choose one of the funders you identified in the first assignment and look for as many specifics as you can find around reporting requirements for that grant. Then, create a document that contains the following information:How often do reports need to be submitted to the funders?In what format do the funders want the reports?Where should the reports be sent?Who should be contacted if the organization encounters problems during the course of the program? What tools (if any) will you use to track process and create reports? Explain.Your document should be 1–2 pages in length. Be sure to clearly identify the funder and cite the funder information using the Strayer Writing Standards (the citations are not part of the 1–2 page requirement).The specific course learning outcome associated with this assignment is:Determine the reports that are required after securing a grant.By submitting this paper, you agree: (1) that you are submitting your paper to be used and stored as part of the SafeAssign™ services in accordance with the Blackboard Privacy Policy; (2) that your institution may use your paper in accordance with your institution's policies; and (3) that your use of SafeAssign will be without recourse against Blackboard Inc. and its affiliates.Institution Release Statement

As Beacon Company controller, you are responsible for informing the board of directors about its financial activities. At the board meeting, you present the following information. 201720162015Sales trend percent147.0%135.0% 100.0%Selling expenses to sales 10.1%14.0% 15.6%Sales to plant assets ratio 3.8 to 1 3.6 to 1 3.3 to 1Current ratio 2.9 to 1 2.7 to 1 2.4 to 1Acid-test ratio 1.1 to 1 1.4 to 1 1.5 to 1Inventory turnover 7.8 times 9.0 times 10.2 timesAccounts receivable turnover 7.0 times 7.7 times 8.5 timesTotal asset turnover 2.9 times 2.9 times 3.3 timesReturn on total assets 10.4% 11.0% 13.2%Return on stockholders’ equity 10.7% 11.5% 14.1%Profit margin ratio 3.6% 3.8% 4.0%After the meeting, the company’s CEO holds a press conference with analysts in which she mentions the following ratios. 201720162015Sales trend percent147.0%135.0%100.0%Selling expenses to sales 10.1% 14.0% 15.6%Sales to plant assets ratio3.8 to 13.6 to 13.3 to 1Current ratio2.9 to 12.7 to 12.4 to 1RequiredWhy do you think the CEO decided to report 4 ratios instead of the 11 prepared?Comment on the possible consequences of the CEO’s reporting of the ratios selected.