Liabilities Due Within One Year are current liabilities, you can ignore the deferred inflows and outflows...

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Liabilities Due Within One Year are current liabilities, you can ignore the deferred inflows and outflows of resources)? Show your work. b. How does the current ratio for the Town of Superior compare to the rule of thumb that the ratio should be at least 2.0? Generally, how do you interpret this ratio? c. The Current Ratio belongs to which category of financial ratios? (bold one) Common Size Ratios Efficiency Ratios Liquidity Ratios Risk and Capacity Ratios Solvency Ratios 13. Which governmental and business-type activities were self-supporting (program revenues greater than expenses) in 2022? Note: This statement spreads across two sheets so selecting View>Page Display>Two Page View will make it easier to read. (3 points) 14. How much of the General Fund's Fund Balance is "unassigned in 2022? In dollars? And as a percentage of the General Fund's Total Fund Balance? (4 points) 15. We have learned that forecasting is not an exact science. For that reason, ACFRs include a Budgetary Comparison Statement that presents both budgeted and actual revenues and expenditures. Based on this statement for the General Fund in the Town of Superior ACFR, answer the following questions (5 points) a. Based on the 'Net Change in Fund Balance' line item, were the 'Original' and 'Final' Budgets balanced (represented by an even or positive Net Change in Fund Balance')? b. Did the 'Actual' Budget result in a deficit or surplus based on the same line item used in part a.? And what was the amount (in dollars)? c. Briefly describe the largest sources (one from revenues and one from expenditures) of the difference (variance) between the 'Final' budget and Actual' budget amounts. 16. In the Town of Superior ACFR (numbered page 99, last page of the condensed PDF), there is a table of Operating Indicators by Function. This is an example of performance measurement by local governments, which typically takes the form of presenting inputs, outputs, or outcomes for different programs or services. (4 points) The indicators presented for the Police function include 'Calls for Service' (meaning calls they respond to) and 'Traffic Violations' (meaning traffic citations). Indicate the type of measure they represent for the Police Department? a. Inputs b. Outputs c. Outcomes Provide an example for each of the other two types of measures (inputs, outputs, or outcomes) for the Police function that might be reported by the Town of Superior in the future? Liabilities Due Within One Year are current liabilities, you can ignore the deferred inflows and outflows of resources)? Show your work. b. How does the current ratio for the Town of Superior compare to the rule of thumb that the ratio should be at least 2.0? Generally, how do you interpret this ratio? c. The Current Ratio belongs to which category of financial ratios? (bold one) Common Size Ratios Efficiency Ratios Liquidity Ratios Risk and Capacity Ratios Solvency Ratios 13. Which governmental and business-type activities were self-supporting (program revenues greater than expenses) in 2022? Note: This statement spreads across two sheets so selecting View>Page Display>Two Page View will make it easier to read. (3 points) 14. How much of the General Fund's Fund Balance is "unassigned in 2022? In dollars? And as a percentage of the General Fund's Total Fund Balance? (4 points) 15. We have learned that forecasting is not an exact science. For that reason, ACFRs include a Budgetary Comparison Statement that presents both budgeted and actual revenues and expenditures. Based on this statement for the General Fund in the Town of Superior ACFR, answer the following questions (5 points) a. Based on the 'Net Change in Fund Balance' line item, were the 'Original' and 'Final' Budgets balanced (represented by an even or positive Net Change in Fund Balance')? b. Did the 'Actual' Budget result in a deficit or surplus based on the same line item used in part a.? And what was the amount (in dollars)? c. Briefly describe the largest sources (one from revenues and one from expenditures) of the difference (variance) between the 'Final' budget and Actual' budget amounts. 16. In the Town of Superior ACFR (numbered page 99, last page of the condensed PDF), there is a table of Operating Indicators by Function. This is an example of performance measurement by local governments, which typically takes the form of presenting inputs, outputs, or outcomes for different programs or services. (4 points) The indicators presented for the Police function include 'Calls for Service' (meaning calls they respond to) and 'Traffic Violations' (meaning traffic citations). Indicate the type of measure they represent for the Police Department? a. Inputs b. Outputs c. Outcomes Provide an example for each of the other two types of measures (inputs, outputs, or outcomes) for the Police function that might be reported by the Town of Superior in the future?