ADM 626 Public Budgeting and Financial Management Assignment: Budget Justifications- Grand Canyon University
Directions: Access the tables and data for Module 26. Using the information from the zip file answer the following questions.
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.
1. 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.
2. 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.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.
Attachment:- Module-26-Chart-and-Data.rar