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Required information Exercise 10-21 (Algo) Comparative Ratios [LO 10-4] The rnvernment-wirle finanrial gtatemente fnr the Citu nf rhorland far a threp-vear nerind are nresented CITY
Required information Exercise 10-21 (Algo) Comparative Ratios [LO 10-4] The rnvernment-wirle finanrial gtatemente fnr the Citu nf rhorland far a threp-vear nerind are nresented CITY OF ARBORLAND Statement of Activities For the Year Ended December 31, 2023 (in thousands) Net (Expense) Revenue and Changes in Net Position Additional information follows: Population: Year 2023: 30,500, Year 2022: 28,371, Year 2021: 26,454. Debt limit remained at $20,400,000 for each of the chree years. Net cash from operations is generally 80 percent of total revenues each year. Required a. Select X for the financial performance measures in Illustration 104 that can be calculated for the City of Arborland based on the information provided. \begin{tabular}{|c|l|l|} \hline \multicolumn{2}{|c|}{ Performance Measures } & \\ \hline 1. & Unrestricted net position & \\ \hline 2. & Debt ratio & \\ \hline 3. & Current ratio & \\ \hline 4. & Change in net position & \\ \hline 5 & Interperiod equity & \\ \hline 6. & Business-type activities self-sufficiency & \\ \hline 7. & Capital asset condition & \\ \hline \end{tabular} ILLUSTRATION 104 Financial Indicators Using the CAFR Financial Capability and Efficiency: "The long-term debt indicator provided is a simpification of the ICMA measure. Selt-supporting debt would include revenve bonds that have been issued. Calculate for govemmental activites and lusiness-type activiter separately and then for the total
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