Use the information gathered in the previous section (Obtaining Information from the CAFR) to compute the following

Question:

Use the information gathered in the previous section (“Obtaining Information from the CAFR”) to compute the following financial indicators. Discuss briefly the meaning of each indicator.

Total revenues per resident.

Total expenditures per resident.

The current ratio.

The return on net assets (net position).

Total asset turnover.

Fixed asset turnover. (Sometimes fixed assets are listed as “long-term assets,”

“noncurrent assets,” or “capital assets.”)

Return on assets.

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