Comparative Ratios (LO10-4) The government-wide financial statement for the City of Arborland for a three-year period are presented below. Additional information follows:

Population: Year 2023: 28,420, Year 2022: 28,291, Year 2021: 26,374

Debt Limit remained at $20,000,000 for each of the three years. Net cash from operations is generally 80 percent of total revenues each year.

Required -

1. a. Which of the financial performance measures in Illustration 10-4 can be calculated for the City of Arborland based on the information that is provided
2. b. Calculate those ratios identified in part a for FY 2023. Show your computations.
3. c. Provide an overall assessment of the City of Arborland's financial condition using all the information provided, both financial and non-financial.
4.