Question: Lucas County, Ohio, presented this table in its comprehensive annual financial report for the fiscal year ended December 31, 2008. Required a. Complete a horizontal
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Required
a. Complete a horizontal common-size analysis. Use the Total column as the base.
b. Comment on the results of the horizontal common-size analysis.
c. Complete a vertical common-size analysis. Use 1999 as the base.
d. Comment on the results of the vertical common-sizeanalysis.
Fisca Property Sales Investment Charges for Fines & Licenses & Speci ernmental Tax Income Services Forfeirures Permits Assessments Revenu the Total 199986,783 70,44 7,527 2000 $ 89,255 1,574 17928 2001 93,916 0,480 13525 2002 107,644 68,211 832 1 2003 109,423 67,007 4,016 153378 22,110 365,854 2,34472,665 23,170 398,340 194,75343.382 443,945 2005 112,225 70,60 706 2006 $107,665 70,824 1576 29,5 2007 100,764 71,3774,158 34,618 2008 94,586 7,333 15,050 33,722
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a Table 5 Lucas County Ohio Revenues by Service Last Ten Fiscal Years Horizontal CommonSize Fiscal Year General Tangible Personal Property Taxes Sales ... View full answer
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