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One of the challenges of financial analysis in government is that it is not always obvious whether an increase in a financial ratio is a sign of increasing or decreasing fiscal strength. Explain the significance of each of the following ratios. For each of the ratios indicate whether an increase can be interpreted as a sign of (1) increasing or (2) decreasing fiscal strength. Where appropriate, show how an increase in the ratio can be interpreted as a sign of either. Explain and justify your response. 1. Cash, short-term investments, and receivables/Current liabilities 2. Revenue from own sources/Median family income 3. Number of employees/Population 4. Property tax revenues/Total operating revenues 5. Nondiscretionary expenditures/Total expenditures 6. Unassigned general-fund balance/Total operating revenues 7. Intergovernmental revenues/Total operating revenues 8. Expenditures for public safety/Total expenditures