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Swobodaville is a hypothetical town that provides the context for this Application Assignment. What follows is a table that presents 5 years of data.
Evaluate Swobodaville's financial condition based on the partial list of factors given. That is, consider any observable trends in the data and what they could potentially mean. To compare the data, in some cases it is best to convert dollar figures to percentages. The best approach to analyzing this table is to look at changes from year to year. Then explain what types of recommendations you would make to the city. YEAR
FACTOR
1
2
3
4
5
Revenue per household
$321
$318
$329
$328
Sales tax as a percent of total revenue
.938
.936
.935
.933
Expenditures per household
$333
$334
Low-income, sales tax-exempt households as a percent of population
.139
.142
.155
.156
Consider the following:
Analyzing revenue structure will help identify the following types of problems.
Analyzing an expenditure profile can reveal the following:
Community needs and resources encompass economic and demographic characteristics, including population, employment, personal income property value, and business activity. An examination of demographic and economic characteristics can identify the following:
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Redrafting contribution Margin statements - Electricity cost is only for lighting a rather large area of land for play at night and is always on after sunset regardless of how many shooters are on site.
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At the end of each year, Gibson still owned 30% of the goods. Net income for Sparis was $912,00 during 2011. What was the noncontrolling interest's share of Sparis net income for 2011?
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Recognize which of these expenses are deductible and the amount that is deductible. Show whether they are deductible for or from AGI.
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