Question: Which would be considered a negative trend for a governmental unit? Long - term debt divided by asset ratio is increasing, general revenues, plus transfers,

Which would be considered a negative trend for a governmental unit? Long-term debt divided by asset ratio is increasing, general revenues, plus transfers, divided by expense ratio is increasing, unrestricted assets divided by expense ratio is increasing, change in assets divided by total net assets ratio is increasing, all of the above

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

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

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!