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City A has the following financial data. What is the Net Asset Ratio? Cash: $ 4,650; Cash Equivalents: $12,350; Market Securities: $3,462; Receivables: $ 12,409;
City A has the following financial data. What is the Net Asset Ratio? Cash: $ 4,650; Cash Equivalents: $12,350; Market Securities: $3,462; Receivables: $ 12,409; Current Liabilities: $45,690; Net Assets: $139,450; Total Assets: $2,458,360; Total Revenues: $1,367,809; Total Expenditures: $1,450,098; Population: 1,670.
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