Indicate briefly the purpose of each of the ratios

Assignment Help Accounting Basics

Reference no: EM131526065

Question: Assume you are an analyst charged with the responsibility of advising investors regarding the general obligation and revenue bonds of 10 cities. You have Comprehensive Annual Financial Reports for the 10 cities, and each report has received a Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association. You have decided to investigate the following ratios:

(1) Net debt per capita.

(2) Net debt to fair value of property.

(3) Net debt to assets.

(4) Debt service to total expenditures-General and debt service funds.

(5) Net assets/expenses.

(6) Unrestricted net assets/expenses.

(7) Unreserved fund balance/revenues-General Fund.

(8) Governmental revenues per capita.

(9) Interest coverage-revenue bonds.

(10) Operating ratio-enterprise funds.

Required: a. Indicate precisely where in the CAFR you would find data needed to compute each of the ratios. Be specific.

b. Indicate briefly the purpose of each of the ratios. What would you learn from the numbers calculated?

Reference no: EM131526065

Questions Cloud

Future value of an ordinary annuity : Explain why the future value of an annuity due is greater than the future value of an ordinary annuity (all else being equal).

Select a country and a public health issue of concern : Key statistics and background information about the public health issue in the selected country - Students will select a country and a public health issue

Identify whether the entry is budgetary or proprietary type : Using the information from exercise, prepare a schedule showing the status of the appropriation at the end of the first quarter.

Legal obligation to pay for the damage : Explore the legal rights and responsibilities of the tenant and the landlord.Describe whether or not Roger has a legal obligation to pay for the damage.

Indicate briefly the purpose of each of the ratios : Assume you are an analyst charged with the responsibility of advising investors regarding the general obligation and revenue bonds of 10 cities.

Why do we protect free speech and expression : Why do we protect "Free Speech" and Expression? Should "Free Speech" at any time be curtailed? If yes, when? If not, why not? Present your arguments in detail.

Analysis of the ability to raise taxes next year : Indicate the information you would extract and some ratios you might calculate from the Comprehensive Annual Financial Report for each of the following major.

The womens networking group at cardinal health : Why is Mike Kaufmann leading the women's networking group at Cardinal Health?

Find the effect on our operating cash flows : We can depreciate it at 100000 per year. The tax rate is 35%. Find the effect on our operating cash flows for year 2.

User Account

All Pages