🏷️ LIMITED TIME OFFER: GET 20% OFF GRADE+ YEARLY SUBSCRIPTION →
Log in
Finance
1
answer
0
watching
56
views

Ladies and Gentlemen, Please help with following questions, I also provided direct link to the CAFR that needs to be used:

27. Does the government have revenue bonds or pledged revenues associated with business-type activities? Please explain.

28. Do the financial statements include a Statement of Cash Flows? What are the categories presented and were there net inflows or outflows in each of these categories? What was the net change in cash during the year?

29. Has the government entered into Service Concession Arrangements? If so, please explain the nature of this arrangement.

30. Other than bonds, what other long-term debt, such as compensated absences, was reported on the financial statements or in the notes?

31. What are the main classes of capital assets presented in the government's Statement of Net Position and in the notes to the financial statements?Direct link: http://www.daytonohio.gov/DocumentCenter/Home/View/1901

Watch
1
answer
0
watching
56
views

For unlimited access to Homework Help, a Homework+ subscription is required.

Bunny Greenfelder
Bunny GreenfelderLv2
28 Sep 2019

Unlock all answers

Get 1 free homework help answer.
Already have an account? Log in
Share

Related questions

Evening everyone, I need some help with these questions, please provide a complete answer for all 5 questions. Below are questions and the link to the CAFR used to answer those questions;

17. Does the government classify expenditures by function or object, and does it differ significantly in the government-wide financial statements versus the government funds financial statements?

18. Where is depreciation expense reported?

19. What are the Other Financing Sources and Uses the government entity reported in the governmental funds financial statements?

20. What capital projects funds did the government report (hint: also look in the schedules following the notes)? Are any of these funds reported as major funds, and how can you tell?

21. Select the largest capital project fund reported, and identify the significant resources reported that were or will be used to finance construction expenditures

Direct Link: http://www.daytonohio.gov/DocumentCenter/Home/View/1901

Hey everyone, Can someone help me with these questions:

Below the link to the financial statements and the questions:

22. What debt service funds did the government report (hint: also look in the schedules following the notes)? Are any of these funds reported as major funds, and how can you tell?

23. What long-term debt is being reported in the government-wide financial statements and notes?

24. Did the government entity increase or decrease its long-term debt borrowings during the year, and what was the total effect on total long-term liabilities at year end?

25. What is the total long-term debt obligation for both governmental and business-type activities, and do these amounts reconcile with the amounts report on the government-wide Statement of Net Position?

26. Were any of the government's enterprise funds profitable during the year? Was there an operating profit or were additional resources required (nonoperating revenues) included? What does the government do with the earnings (i.e. retain, spend, transfer to the general fund, etc.)?

Link: http://www.daytonohio.gov/DocumentCenter/Home/View/1901

Using the Compresensive Annual Financial Report found at https://dwuconsulting.com/images/CAFR/AUS%202014%20City%20CAFR.pdf please answer the following:

1. Indicate the activities accounted for in both internal service funds and major enterprise funds. Comment on whether any of these activities could also have been accounted for in a general or other govern- mental fund.
2. How are the internal service fund activities reported in the government-wide statement of net position? How are they reported in the proprietary funds statement of net position?
3. Did any of the internal service funds report significant operating surpluses or deficits for the year? Were any accumulated significant net asset balances over the years not invested in capital assets?
4. Were any of the government’s enterprise funds “profitable” during the year? If so, what has the government done with the “earnings”? Has it transferred them to the general fund?
5. Does the government have revenue bonds outstanding that are related to business-type activities? If so, for what activities?
6. Do the financial statements include a statement of cash flows for proprietary funds? Is the statement on a direct or an indirect basis? In how many categories are the cash flows presented? Which of these categories resulted in net cash inflows? Which resulted in net cash outflows?
7. What was the total operating income? What was total net cash provided by operating activities? What accounts for the largest difference between these two amounts?
8. Has the city entered into any service concession arrangements? Which specific ones, and why?

Weekly leaderboard

Home
Homework Help 3,900,000
Finance 370,000
Start filling in the gaps now
Log in