Use Exhibit 13- 3, City of Toledo, Ohio, Ratio of Net General Bonded Debt to Assessed Value
Question:
Required
a. Prepare a vertical common- size statement. Use 2001 as the base. Include assessed value, net general bonded debt, and net bonded debt per capita.
b. Comment on significant items in the vertical common- size analysis.
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Related Book For
Financial Reporting and Analysis Using Financial Accounting Information
ISBN: 978-1133188797
13th edition
Authors: Charles H. Gibson
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