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Discussion about the financial statement analysis

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Assignment: Financial Statement Analysis

Assemble the financial statements prepared for the City of Monroe. These financial statements will be in the solutions to Exercises 5-C, 6-C, 7-C, and 8-C. Assume a population of 30,000 and fair value of property in the amount of $350 million. Compute the following ratios, following the guidance used for the Village of Elizabeth in this chapter:

(1) Financial Position - Governmental Activities

(2) Financial Position - General Fund.

(3) Quick Ration - Governmental Activities

(4) Leverage - Primary Government

(5) Debt Coverage - Enterprise Funds

(6) Debt Service to Total Expenditures

(7) Debt per Capital - Primary Government

(8) Debt to Assessed Value of Property - Primary Government

Reference no: EM132328866

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