Government Financial Condition Analysis Concerns
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What general problems must be addressed in doing ratio analysis for government financial condition analysis? Do traditional solvency ratios adequately address financial condition analysis concerns?
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Solution Summary
Main problems during the ratio analysis for government financial condition are addressed
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What general problems must be addressed in doing ratio analysis for government financial condition analysis?
Governments issue bonds and compete in the economic system for investor dollars like private businesses. What the government analysts are lacking most of the time are the commonly accepted ratios and state and local government data bases. An important problem is ...
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