In order to compute the operating ratio-enterprise funds, one would look in the CAFR in which of the following sections?
A) In the government-wide Statement of Net Position.
B) In the proprietary funds Statement of Net Position.
C) In the proprietary funds Statement of Revenues, Expenses, and Changes in Fund Net Position.
D) In the proprietary funds Statement of Cash Flows.

Question

Quizplus · Accepted Answer

To compute the operating ratio - enterprise, you would look at the proprietary funds Statement of Revenues, Expenses, and Changes in Fund Net Position.

In Order to Compute the Operating Ratio-Enterprise Funds, One Would