Comparative ratios, Comparative Ratios. The government-wide

Comparative ratios

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Reference no: EM131264537

Comparative Ratios. The government-wide financial statements for the City of Arborland for a three-year period are presented on the following pages.

Additional information follows:

Population: Year 2017: 30,420, Year 2016: 28,291, Year 2015: 26,374.

Debt limit remained at $20,000,000 for each of the three years. Net cash from operations is generally 80 percent of total revenues each year.

Required

Which of the financial performance measures in Illustration 10-4 can be calculated for the City of Arborland based on the information that is provided?

Calculate those ratios identified in part a for FY 2017. Show your computations.

Reference no: EM131264537

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