You have the following information about a midwest city. Calculate the ratios of fund balance to revenues
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You have the following information about a midwest city. Calculate the ratios of fund balance to revenues and determine if they are favorable or unfavorable.
General Fund
\(\$ 62\) million Unreserved Fund \(\$ 54\) million General Fund Revenues \(\$ 401\) million
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Related Book For
Forensic And Investigative Accounting
ISBN: 9780808021438
4th Edition
Authors: Larry Crumbley, Lester E. Heitger, G. Stevenson Smith
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