Aspect of the financial analysis

Assignment Help Business Management
Reference no: EM133166913

The key question is: based on 2006 and 2007 Broome County CAFR, what does it tell you about the overall financial health of Broome County?

1) Select one aspect of the financial analysis from such aspects as financial position, financial performance, short-term liquidity, long term solvency and financial capacity. Then, calculate two indicators for the aspect that you selected. Please provide the formula used in the calculation to demonstrate your analytical process For example: Financial Position: net assets/total assets= 10M/100M=0.1 or 10% (no direct citation of numbers from other sources. The key is to calculate on your own).

2) Incorporating the previous years' Broome County CAFRs when applicable (not every indicator has historical information, and it is ok), interpret the financial analyses to address the question: what do these analyses tell you about the overall financial condition of Broome County? In essence, it is a longitudinal approach to analyze data. Trend analysis, like the one we had in budget analysis, is preferable. If you happen to have financial data from comparative local governments, please feel free to incorporate these to aid your assessment of the financial health of Broome County. In essence, it is a cross-sectional approach to analyze data.

Reference: 

https://www.gobroomecounty.com/legis/annual-county-audit-documents

Reference no: EM133166913

Questions Cloud

Outline the scope of college and university food service : Outline the scope of college and university food service. What are the advantages of managing a college dining hall versus a commercial restaurant?
What is the amount of net income : Management requires a minimum after-tax rate of return of 10% on all investments. What is the amount of net income (after taxes) in Year 2 of the investment
Partnership with interfaith health care miniteries : A medical centre in partnership with interfaith health care miniteries, is opening a free clinic to help provide primary care services and chronic disease manag
Question-lockheed martin company : Identify one issue that the company is having and your suggestions for improvement.
Aspect of the financial analysis : The key question is: based on 2006 and 2007 Broome County CAFR, what does it tell you about the overall financial health of Broome County?
What are some other dangers we run : In my experience some managers simply compare static to actuals and miss the finer details of the variances. What are some other dangers we run
Determine the optimum monthly product mix : The objective function for the linear program Smooth would use to determine the optimum monthly product mix
Industry on the hospitality industry : What are the positive and negative impacts of the allied or related industry on the hospitality industry?
Develop a swot analysis : GEF housing is seniors housing is a medim sized company that has been providing subsidized housing for seniors in edmonton. Develop a SWOT analysis?

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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