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[ The following information applies to the questions displayed below. ] Refer the financial statements prepared for the City of Monroe. Assume a population of

[The following information applies to the questions displayed below.]
Refer the financial statements prepared for the City of Monroe. Assume a population of 70,000 and fair value of property in the amount of $250 million.
Compute the following ratios, following the guidance used for the Village of Riverside from your text:
1. Financial Position (Government-wide, governmental activities)
2. Financial Position (General Fund)
3. Quick Ratio (Government-wide, governmental activities)
4. Leverage (Government-wide, primary government)
5. Debt Service Coverage (Enterprise funds)
6. Debt Service to Total Expenditures (Governmental fund-basis)
7. Debt per Capita (Government-wide, primary government)
8. Debt to Assessed Value of Property (Government-wide, primary government)
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