Computation of a villages operating margin the following


Question: (Computation of a village's operating margin) The following information is extracted from a village's governmental funds statement of revenues, expenditures, and changes in fund balances (amounts in thousands). Compute the village's operating margin

(a) for the General Fund and

(b) for the General, Debt Service, and Library Funds aggregated.

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Accounting Basics: Computation of a villages operating margin the following
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