Question: Explain what assessment can be made from the ratio unrestricted net assets as a percentage of total revenue that cannot be made from the ratio

Explain what assessment can be made from the ratio unrestricted net assets as a percentage of total revenue that cannot be made from the ratio unreserved fund balances as a percentage of total revenues.

Step by Step Solution

★★★★★

3.51 Rating (164 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Unrestricted net assets is the residual equity account on the statement of net assets one of the gov... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

70-B-A-S-L-G (196).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!

A container can be made from steel [( = 36 10-6 (Co)-1] or lead [ = 87 10-6 (Co)-1]. A liquid is poured into the container, filling it to the brim. The liquid is either water [ = 207 10-6 (Co)-1]...

Callum & Tranquillo Constructions (CTC) Limited is an all equity financed company. It has just announced a rights share offer, with the following details. The company currently has 100 million shares...

From 1950 to 2000, manufacturing employment as a percentage of total employment in the U.S. economy fell from 28 percent to 13 percent. At the same time, manufacturing output experienced slightly...

Nonprofit Form 990 Assignment The assignment will be submitted in two parts; Part 1 described below. This assignment is to respond to the below questions regarding nonprofit financial statements and...

Purpose To strengthen the student's understanding of Nonprofit Form 990s. The assignment will be submitted in two parts; Part 1 described below. This assignment is to respond to the below questions...

The scribes of ancient Egypt were the forerunners of today's accountants. a. True b. False Possible Exam 1 Questions Chapter 1: 3. The scribes of ancient Egypt were the forerunners of today's...

See attached document. This test is drawn from \"Accounting for Governmental & Nonprofit Entities by Jacqueline L. Reck et el\" Sixteenth Edition MULTIPLE CHOICE QUESTIONS 1. Which of the following...

Find an income statement (called a statement of revenue and expense in your book) from a hospital within the last 5 years. They are publicly available. 6a. Review what an income statement looks like...

Please help me with this attached assignment has best has possible. Citations or links in word the document please so I can try do do some extra research and follow along with your resources, also no...

Why was the Representation of the People Act of 1928 passed?

Ted contributed $25,000 in cash for a 25% interest in a partnership. His share of the partnership income for the year was $20,000. In addition, the partnership reported on his Schedule K-1 for the...

Which of the following statements are true? In a job - order costing system, indirect labor is assigned to a job using indormation from the equatere time ticket. If the allocation base in the...

The lettered items that follow represent a classification scheme for the concepts of financial accounting. Match each numbered term in the list that follows with the letter of the category in which...

The lettered items that follow represent a classification scheme for a balance sheet, and the numbered items in the list are account titles. Match each account with the letter of the category in...

At the end of the current year, Accounts Receivable has a balance of $500,000; Allowance for Doubtful Accounts has a credit balance of $4,000; and net sales for the year total $2,800,000. Bad debt...

Refer to the information in Exercise 5- 21. Suppose that Alpaca uses the FIFO method instead of the weighted- average method in all of its departments. 1. Calculate equivalent units of direct...

Valley Designs issued a 120-day, 5% note for $60,000 dated April 15 to Bork Furniture Company on account. A. Determine the due date of the note. B. Determine the maturity value of the note. C....

When a nations output is located at a point on the production possibilities curve (A) it has high unemployment (B) it has moderate unemployment (C) it has full employment (D) it has low unemployment...

Access the Governmental Accounting Standards Board website at www.GASB.org. Find the GASB White Paper on Why Governmental Accounting and Financial Reporting Isand Should BeDifferent. There are...

Concept Statement Four (accessible at www.FASB.org) discusses the concepts of stewardship and performance. Given that providing decision-useful information is the primary purpose of not-for-profit...

Examine the Federal Accounting Standards Advisory Boards website at www.FASAB.gov and prepare a brief report about its mission and structure and compile a list of organizations represented on its...

The American Opportunity Credit is characterized by all of the following EXCEPT: It can be claimed only for the first four years of a post - secondary education The maximum annual credit amount is $...

{a} Find tom when it = 9. {b} Find tU_025 when 1:216. (cl Find 1030 when 1: =13. Click here to View:r age 1 of the table of critical values of the tdistributien. Click here to View:r age 2 of the...

A cable is attached to bar OA and point A as shown. The tension in the cable is F = 250 N. Part A 4 m Resolve for F into its vector components. Express your answer to three significant figures...