Assessing the liquidity of a governmental entity

Assignment Help Accounting Basics
Reference no: EM13137939

Which of the following ratios would be most helpful in assessing the liquidity of a governmental entity?

A. Net tax-supported long-term debt/population.

B. Own source revenues/total revenues.

C. Debt service expenditures/total expenditures.

D. Unreserved fund balance/operating revenues.

Reference no: EM13137939

Questions Cloud

Explain how can be determined the dynamic parameters : How can be determined the dynamic parameters of a second order system, wiht an Inertia (M), a dampening coeficient ( C ) and a Stiffness constant ( K).
Explain impact of an increase in the level of activity : explain the impact of an increase in the level of activity (cost driver) on a total variable cost and variable cost per unit.
Defines the price of the imported good : Defines the price of the imported good as the foreign market price before it is loaded into the ship, train, or plane for shipment to the importing country.
Explain mean effective pressure of a diesel engine : Volumetric Compression Ration and Mean Effective Pressure of a Diesel Engine, A diesel engine has air before compression at 280 K and 85 Kpa. The highest temperature is 2219 K and the highest pressure is 6 MPa.
Assessing the liquidity of a governmental entity : Which of the following ratios would be most helpful in assessing the liquidity of a governmental entity?
Compute market inventory turnover and days sales : Compute Market’s inventory turnover and days’ sales in inventory. Assume that there are 365 days in the year. (Round your answers to 2 decimal places.)
Company recognizing gross profit : Under the completed contract method, how much should the company recognize as gross profit for 1993?
What is depreciation expense : Gardner Corporation purchased a truck at the beginning of 2012 for $90,000. The truck is estimated to have a salvage value of $3,600 and a useful life of 120,000 miles. It was driven 18,000 miles in 2012 and 32,000 miles in 2013. What is the depr..
What is actual interest for arlington company : the company had outstanding all year a 10%, 3-year, $4,000,000 note payable and an 11%, 4-year, $7,500,000 note payable. What is the actual interest for Arlington Company?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Tax loss carryforward and valuation allowance

What are some examples of positive and negative evidence used to establish the need for a valuation allowance for a tax loss carryforward? What is the effect of the valuation allowance on the free cash flow forecast?

  What it the npv of the proposed acquisition

What it the NPV of the proposed acquisition? Note that you must first calculate the value to Blazer of Laker's equity.

  Calculate the gross lease payment receivable to be recorded

Lampley, Inc. enters into a direct finance lease agreement as lessor on January 1, 2001, to lease an airplane to National Airlines. The term of the noncancelable lease is eight years and payments are required at the end of each year.

  Decision problem of lakewood fashions

Lakewood Fashions must decide how many lots of assorted ski wear to order for its three stores. Information on pricing, sales, and inventory costs has led to the following payoff table, in thousands.

  Research and development and pate

Determine how the costs in (a) and (b) should be presented on Erin's financial statements as of December 31, 2008. Also determine the amount of amortization of intangible assets that Erin should record in 2008 and 2009.

  Prepare a system flowchart

Prepare a system flowchart, following good flowcharting practices including annotations, documenting the GCO system  as described above.  Use VISIO or another flowcharting tool of your choice.

  What is a pro forma figure indicating

What is the asset represented by share of capital stock that have not yet been issued?

  What is mark rental income

Mark Mayer, a cash basis taxpayer, leased property on June 1, 2011 to Perry Purly at $325 a month. Perry paid Mark $325 as a security deposit, which will be returned at the end of the lease.

  Cashflow in the short term-long term

Discuss how the deferred tax liability will impact Obadiah Vineyards cashflow in the short term? Long term?

  Purchase of marketable securities

The securities sold on December 9 had cost the company $7,000, whereas the securities sold on December 18 had cost the company $6,000. (a) Record the purchase of marketable securities on December 4.

  Debiting an account

An accountant has debited an account for $3,500 and credited a liability account for $2,000. Which of the following would be an incorrect way to complete the recording of this transaction:

  How much dividend income does speedways have

a. How much dividend income does Speedways have?  b. How much and what kind of taxable income does Speedways have because of the distribution?  c. What is Speedways's basis in its stock immediately after the distribution?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd