1 Financial Ratios Measures of: Financial Position Financial Performance Calculation: Unrestricted Net Assets Expenses Change in Net Assets Total Net Assets General Revenues + Transfers Expenses Cash + Current Investments + Receivables Current Liabilities Long-term Debt Assets Change in Net Assets + Interest Expense Interest Expense Liquidity Solvency: Calculate the risk ratios for state, and answer a. b. What conclusions concerning the city's financial position can be drawn from these ratios? What conclusions concerning the city's liquidity can be drawn from these ratios? What conclusions concerning the city's financial performance can be drawn from these ratios? What conclusions concerning the city's solvency can be drawn from these ratios? c. d. 1 Financial Ratios Measures of: Financial Position Financial Performance Calculation: Unrestricted Net Assets Expenses Change in Net Assets Total Net Assets General Revenues + Transfers Expenses Cash + Current Investments + Receivables Current Liabilities Long-term Debt Assets Change in Net Assets + Interest Expense Interest Expense Liquidity Solvency: Calculate the risk ratios for state, and answer a. b. What conclusions concerning the city's financial position can be drawn from these ratios? What conclusions concerning the city's liquidity can be drawn from these ratios? What conclusions concerning the city's financial performance can be drawn from these ratios? What conclusions concerning the city's solvency can be drawn from these ratios? c. d