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Chapter 13 Financial Statement Analysis Assemble the financial statements prepared for the City of Monroe. These nancial statements 1will he in the solutions to Exercises

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Chapter 13 Financial Statement Analysis Assemble the financial statements prepared for the City of Monroe. These nancial statements 1will he in the solutions to Exercises SG, C, 'FG, and 84:. Assume a population of 25,ouo and fair value of property in the amount of $350 million. Compute the following ratios, following the guidance used for the Village of Elizabeth in this chapter: [1] Financial Position Governmental Activities [2] Financial Position General Fund. [3) Quick Ration Governmental Activities [4] Leverage PrimaryY Government [5] Debt Coverage Enterprise thds [] Debt Service to Total Expenditures [3'] Debt per Capital PrimaryY Government [8) Debt to Assessed Value of Property Primary Government

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