Use Exhibit 13-7, City of Toledo, Ohio, Ratio of Net General Bonded Debt to Assessed Value and
Question:
Use Exhibit 13-7, City of Toledo, Ohio, Ratio of Net General Bonded Debt to Assessed Value and Net Bonded Debt Per Capita.
Required
a. How much has assessed value increased from 1988 to 1997?
b. How much has net general bonded debt increased from 1988 to 1997?
c. Give your opinion of the significance of the change in debt between 1988 and 1997.
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Related Book For 
Financial Reporting And Analysis Using Financial Accounting Information
ISBN: 9780324023534
8th Edition
Authors: Charles H Gibson
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