Required For each of the following, select plus (+) if a high or increasing value of the item is generally associated with stronger financial condition, a minus (-) if a high or increasing value of the item is generally associated with a weaker financial condition, and NE if the item generally has no effect on the financial condition or the direction of the effect cannot be predicted. a. Unfunded pension liability. b. Operating deficit. c. Revenues over expenditures. d. Intergovernmental revenues. e. Level of business activity. f. Education level of citizens. g. Unemployment rate. h. Fund balances. i. Personal income per capita. j. Debt service. k. Percentage of households below the poverty level. 1. Short-term borrowing. m. Property values. n. Capital maintenance. o. Birthrate.

Required For each of the following, select plus (+) if a high or increasing value of the item is generally associated with stronger financial condition, a minus (-) if a high or increasing value of the item is generally associated with a weaker financial condition, and NE if the item generally has no effect on the financial condition or the direction of the effect cannot be predicted. a. Unfunded pension liability. b. Operating deficit. c. Revenues over expenditures. d. Intergovernmental revenues. e. Level of business activity. f. Education level of citizens. g. Unemployment rate. h. Fund balances. i. Personal income per capita. j. Debt service. k. Percentage of households below the poverty level. 1. Short-term borrowing. m. Property values. n. Capital maintenance. o. Birthrate.

Financial Management: Theory & Practice

16th Edition

ISBN:9781337909730

Author:Brigham

Publisher:Brigham

Chapter12: Corporate Valuation And Financial Planning

Section: Chapter Questions

Problem 6Q: Suppose a firm makes the following policy changes listed. If a change means that external,...

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