Question: Exercise 10-17(Static) Part 9When interpreting the fund balances measure, which of the following is correct?Multiple ChoiceA ratio of 5 percent or better is considered adequate.A

Exercise 10-17(Static) Part 9When interpreting the fund balances measure, which of the following is correct?Multiple ChoiceA ratio of 5 percent or better is considered adequate.A ratio of 15 percent is considered strong.A ratio of between 5-15 percent is considered average.

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