Ratio analysis for government financial condition analysis

ratio analysis for government financial condition analysis

1. What general problems must be addressed in doing ratio analysis for government financial condition analysis?
2. Do traditional solvency ratios adequately address financial condition analysis concerns?
3. How does financial condition analysis differ from financial statement analysis?

This is only three questions

Please use reference below and cite two more scholar references

Finkler, S. A., Purtell, R. M., Calabrese, T. D., & Smith, D. L. (2013). Financial management for public, health, and not-for-profit organizations (4^th ed.). Upper Saddle River, NJ: Pearson Prentice Hall.

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Ratio analysis is a tool of management that helps managers to have a better understanding of financial results and trends over time. Through ratio analysis manager are able to see the key indicators of organization performance, thus helping in identifying the weaknesses and strengths of a business (Finkler, et al., 2013). By these it helps manager in coming up with effective strategies and initiatives to be adopted so as to overcome…

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