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Compute the ratios listed in EFFICIENCY and NET PROFIT table using the balance sheet and income statements (Tables 1 and 2) and the production data
Compute the ratios listed in EFFICIENCY and NET PROFIT table using the balance sheet and income statements (Tables 1 and 2) and the production data (Table 3).
Please fill the EFFEICENCY AND NET PROFIT worksheet.
TABLE A
IV. | EFFICIENCY | |||||
a. | Volume of Water Produced / Total Assets (Percentage) | |||||
b. | Volume of Water Sold / Total Assets (Percentage) | |||||
c. | Operating Ratio Total Operating Expenses / Gross Operating Revenues (Percentage) | |||||
d. | Operation and Maintenance Expenses as a percent of operating expenses (Percentage) | |||||
e. | Administration Expenses as a percent of operating expenses (Percentage) | |||||
f. | Volume of Water Sold / Water Produced (Percentage) |
NET PROFIT
Net Profit Percentage (net income - adjustments from Table 2) / Total (Gross) Revenues (Percentage) | |||
Net Profit / Patrimony (Percentage) | |||
Net Profit / Total Assets (Percentage) |
The Panama Water Authority, December 31, 1974 General Balance Sheet (thousands of Balboas) 1 1 One Baiboa = One US Dollar 2 Each year a reserve is kept for uncollectable accounts. These reserves are negative numbers. To compute a net receivable figure suburact the reserves from the accounts receivable. 3 The water authority collects and keeps a portion of the property tax to subsidize water prices. 4 What the water authority called Patrimony is normally called Contributions in a publicly owned utility. This is equivalent to equity or proprietary capital in an investor owned utility. Table 1 (continued) Table 2 The Panamanian Water Authority CONSOLIDATED INCOME STATEMENT (Thousands of Balboas) Table 3 The Panamanian Water Authority WATER PRODUCTION DATA The Panama Water Authority, December 31, 1974 General Balance Sheet (thousands of Balboas) 1 1 One Baiboa = One US Dollar 2 Each year a reserve is kept for uncollectable accounts. These reserves are negative numbers. To compute a net receivable figure suburact the reserves from the accounts receivable. 3 The water authority collects and keeps a portion of the property tax to subsidize water prices. 4 What the water authority called Patrimony is normally called Contributions in a publicly owned utility. This is equivalent to equity or proprietary capital in an investor owned utility. Table 1 (continued) Table 2 The Panamanian Water Authority CONSOLIDATED INCOME STATEMENT (Thousands of Balboas) Table 3 The Panamanian Water Authority WATER PRODUCTION DATA
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