Chapter 9 Examine the CAFR Assignment

### Question Description

Complete the following in Exercise 9-15:

Ch. 10 Exercise: Comparative Ratios

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Ch. 10 Exercise: Comparative Ratios
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April 14, 2019

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A. The financial performance measures in Illustration 10-4
The performance measures that are shown in the illustration are using data from the basic
financial statements. This includes the government wide financial statements as well as the fund
financial statements. The measures that can be calculated from the government wide financial
statements are:

1. Unrestricted net position
2. Capital asset condition
3. Debt to assets
4. Current ratio
5. Quick ratio
6. Change in net position
7. Inter-period equity
8. Business type activities self sufficiency
9. Revenue dispersion

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B. Calculation of ratios identified in part a for FY 2017

City of Arborland
Government-wide Financial Performance Measures

2017 Calculations

2017

2016

2015

(\$ or % or number of times)
1.

unrestricted net
position

Governmental activities:
4,597

17%

14%

13%

68%

51%

85%

40%

44%

50%

23%

40%

50%

20,302+3,860+1,886+495
3,546
5,218+7

2.

Capital asset

Governmental activities:

condition (% of

15,039

useful life left in

(37,183+37,600)/2

depreciable
capital assets)

3...

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