ADM-626 – Public Budgeting and Financial Management
Topic 6 – Budget Justifications
Benchmark – Module 26
Summary:
Using ratios to conduct financial analysis must be done with care. One year’s worth of data is worth little; establishing a trend line over a period of years is the most useful approach. Using ratio analysis, we can examine liquidity, solvency, intergenerational equity, and revenue diversification. All of these factors can come together to provide a picture of the fiscal health of a government entity.
Directions: Go to https://study.sagepub.com/chen2e to access the tables and data for Module 26. Using the information from the zip file answer the following prompts.
1. Use the financial statements from Charlottesville, Virginia, to conduct your own analysis. The statement from the year 2013 is in Tables 26.2 and 26.3; the statement from 2012 is provided in Tables 26.6 and 26.7. Statements from two years are provided to allow a comparison between years.
Use the format in Table 26.6 and add an additional column for FY2012 so that the ratios can be compared side by side.
2. City A’s balance sheet is shown in Table 26.8. Calculate the following:
a. current ratio
b. working capital
c. quick ratio
d. the common-size ratios for cash, advance payments, receivables, and restricted assets.
3. City B’s balance sheet is shown in Table 26.9. Calculate the following:
a. current ratio
b. working capital
c. quick ratio
d. the common-size ratios for cash, advance payments, receivables, and restricted assets.
This benchmark assignment assesses the following programmatic competency: 2.2: Analyze a budget and balance the sources and uses of funds.
Why Choose Us
- 100% non-plagiarized Papers
- 24/7 /365 Service Available
- Affordable Prices
- Any Paper, Urgency, and Subject
- Will complete your papers in 6 hours
- On-time Delivery
- Money-back and Privacy guarantees
- Unlimited Amendments upon request
- Satisfaction guarantee
How it Works
- Click on the “Place Order” tab at the top menu or “Order Now” icon at the bottom and a new page will appear with an order form to be filled.
- Fill in your paper’s requirements in the "PAPER DETAILS" section.
- Fill in your paper’s academic level, deadline, and the required number of pages from the drop-down menus.
- Click “CREATE ACCOUNT & SIGN IN” to enter your registration details and get an account with us for record-keeping and then, click on “PROCEED TO CHECKOUT” at the bottom of the page.
- From there, the payment sections will show, follow the guided payment process and your order will be available for our writing team to work on it.