Question: Indicate the information you would extract and some ratios you might calculate from the Comprehensive Annual Financial Report for each of the following major areas.
Indicate the information you would extract and some ratios you might calculate from the Comprehensive Annual Financial Report for each of the following major areas. Do not limit your answer to the 10 ratios listed in the text.
a. Analysis of the ability to repay revenue bonds for the Water and Sewer Fund.
b. Analysis of the ability to repay general obligation debt of a government.
c. Analysis of the ability to repay a short-term loan to a local bank.
d. Analysis of the ability to increase services next year without raising taxes.
e. Analysis of the ability to provide raises to employees next year without raising taxes.
f. Analysis of the ability to raise taxes next year.
g. Analysis to see if the budget is under control.
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A Analysis of the ability to repay revenue bonds for the water and sewer fund If the water and sewer fund is the only enterprise fund or if all the enterprise funds of the government are major the pro... View full answer
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