8 to 10 page paper

Format of paper (Use bolded purple as headings in paper):

· Using the graphs of the Measures of Solvency data you computed for Bay City, Texas, analyze The Degree of Solvency of Bay City, Texas.

How to Interpret ratios :

The ratio should be greater than 1.50. When the Current Liabilities Ratio is greater than 1.00, it shows the financial stability of an organization over the next fiscal year. For example, if the Current Liabilities Ratio was at 1.84, the ratio of 1.84 means that the City has 1.84 times more current assets than liabilities. When the Current Liabilities Ratio is greater than 1.00, it tells the financial stability of an organization over the next fiscal year is sound. When the Current Liabilities Ratio is less than 1.00, it tells the financial stability of an organization over the next fiscal year is unsound. As a rule of thumb, a ratio of 1.5 or less means lower ability to obtain additional financing or higher interest charged for any financing obtained.

For Operating Ratio = Total Revenues/Total Expenses

Then ratio should be greater than 1.50. When the Operating Ratio is greater than 1.00, it shows the financial stability of an organization over the next fiscal year. For example, if the Operating Ratio was at 1.84, the ratio of 1.84 means that the City has 1.84 times more current revenues than expenditures. When the Operating Ratio is greater than 1.00, it tells the financial stability of an organization over the next fiscal year is sound. When the Operating Ratio is less than 1.00, it tells the financial stability of an organization over the next fiscal year is unsound. As a rule of thumb, a ratio of 1.5 or less means lower ability to obtain additional financing or higher interest charged for any financing obtained.

For Net Asset Ratio = Total Assets/(Restricted + Unrestricted Assets):

Then ratio should be greater than 1.50. When the Net Asset Ratio is greater than 1.00, it shows the financial stability of an organization over the next fiscal year. For example, if the Net Asset Ratio was at 1.84, the ratio of 1.84 means that the City has 1.84 times more current assets than restricted and unrestricted net assets. When the Net Asset Ratio is greater than 1.00, it tells the financial stability of an organization over the next fiscal year is sound. When the Net Asset Ratio is less than 1.00, it tells the financial stability of an organization over the next fiscal year is unsound. As a rule of thumb, a ratio of 1.5 or less means lower ability to obtain additional financing or higher interest charged for any financing obtained.

If using tables and/or charts in the analysis, professionally presentations are expected.

Then:

You will need to expand your research beyond text authors’ comments, which normally are not specific enough to provide sufficient information to help you determine the significance and implications of the conclusions.

There must be no careless or simple grammatical errors such as misspellings, incomplete sentences, comma splices, instances of faulty noun/verb agreement, etc. Such errors will result in significant point deductions.

Plagiarism in any form is strictly prohibited and may result in failure of the assignment, failure of the course, and/or removal from the program. It is your responsibility to ensure that you fully understand what constitutes the various forms of plagiarism and that you avoid all forms of plagiarism. The text of this research paper must be at least 8-10 pages (not including title page, reference page, and any appendices). This paper must be in current APA format with 1-inch margins and 12-pt Times New Roman font. You must also include a title page and reference page. You must include citations to a sufficient number of appropriate professional, scholarly, or other appropriate sources to fully support your assertions and conclusions (which will likely require more than the minimum number of citations); each paper must contain citations to the course texts book, assigned readings, and a minimum of 5 additional sources not including the course textbooks, assigned readings, and the Bible verse.

Make sure that you support research with scholarly and/or biblical references in APA format.

Submit this assignment by 11:59 p.m. (ET) on Sunday, April 25.

Abreviated Budget

for Bay CIty, Texas.docx

Abbreviated Budget for Bay City Texas

Assignment Resource

Measures of Solvency.xlsx