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eBook Print Question 5 Not changed since last attempt Marked out of 3.00 P Flag question Computation of a city's debt burden The following information
eBook Print Question 5 Not changed since last attempt Marked out of 3.00 P Flag question Computation of a city's debt burden The following information is extracted from a city government's CAFR. Compute the city's debt burden based on population and on full value of taxable real property. Make separate computations for (a) net direct debt and (b) combined net direct and overlapping debt. Net direct debt $ 15,841,000 Overlapping debt $12,142,000 Population 13,243 Full value of taxable real property $484,481,000 Support Instructions: Round debt per capita to the nearest whole number. Round debt as a percent to one decimal place (ex: 0.0345 = 3.5%). Net direct and Computation of direct burden Net direct debt overlapping debt Debt per capita Debt as a percent of property value 0 % 0 % Previous Save Answers Next
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