The following data comes from the 2020 financial statements of the Village of Matthews. Although presented in summarized format, the balance sheet debits and credits are equal and the operating statement information is complete.

General Fund - Balance Sheet ElementsCash$1,200,000

Short-term Investments405,000Property taxes receivable - delinquent

282,000Due from other funds58,000Accounts payable and other accrued liabilities920,000Assigned fund balance90,000Unassigned fund balance935,000General Fund - Operating Statement Elements

Revenues, including property taxes of $6,125,000$8,350,000Expenditures (total)7,510,000Transfer out to Debt Service Fund400,000Excess of revenues and other sources over expenditures and other uses

440,000Debt Service Fund - Balance Sheet ElementsCash and cash equivalents230,000Restricted fund balance230,000Debt Service Fund - Operating Statement ElementsDebt service expenditures:Principal100,000Interest200,000Operating transfer from General Fund400,000Excess of revenues and other sources over expenditures and other uses

100,000

Calculate the following ratios for the Village of Matthews:

1. Number of days' cash on hand - General Fund
2. Quick ratio - General Fund
3. Property tax receivable delinquency rate
4. Budgetary cushion for the General Fund (Assume all assigned fund balance is available.)
5. Debt service burden
6. Excess of revenues and other sources over expenditures and other uses, as a percentage of revenues - Combined, General Fund and Debt Service Fund (Hint: The transfers out and in cancel each other. Therefore, use the revenues for the denominator.)
7. Assess the liquidity of the Village of Matthews, based on the standard that the General Fund's number of days' cash on hand should be no less than 45 (and that 60 is more desirable) and that the quick ratio should be at least 1.