Use the information in the above question to compute the following financial indicators. Discuss briefly the meaning of each indicator.

1. Total revenue per resident. (Note: To find out the population figure, you may want to check the “Statistical Section” of CAFR, call the organization, or search the Web.)

2. Total expenditure per resident.

3. The current ratio.

4. The net asset ratio. (Change in Net Assets/Net Assets.)

5. Total asset turnover.

6. Fixed asset turnover. (Sometimes fixed assets are listed as “longterm assets,” “noncurrent assets,” or “capital assets.”)

7. Return on assets.