Financial Study of Oakland County report
Study the section "Evaluating Performance" in Essentials of Accounting for Governmental and Not-for-Profit Organizations, 12th edition, Chapter 13, pages 407-411.
Using the 2014 County of Oakland, Michigan CAFR, complete the following table. Show your work as well as the CAFR page references for your data.
Ratio
|
Calculation for County of Oakland, 2014
|
Results
|
CAFR Page Ref.
|
Points
Awarded/
Possible
|
- Financial Position, Government-wide, governmental activities
|
|
|
|
/20
|
- Financial Position, General Fund
|
|
|
|
/20
|
- Quick Ratio, Government-wide, governmental activities
|
|
|
|
/10
|
- Leverage, Government-wide, primary government
|
|
|
|
/10
|
- Debt Service Coverage, Enterprise Funds
|
|
|
|
/10
|
- Debt Service to Total Expenditures, Governmental Fund Basis
|
|
|
|
/10
|
- Debt per Capita, Government-wide, primary government
|
|
|
|
/10
|
- Debt to Assessed Value of Property, Government-wide, primary government
|
|
|
|
/10
|