In order to compute the interest coverage on revenue bonds,one would look in the CAFR at the:
A) Government-wide Statement of Activities.
B) Government-wide Statement of Activities
C) Budgetary Comparison Schedule.
D) Enterprise funds Statement of Revenues, Expenses, and Changes in Net Assets.

Question

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The interest coverage on revenue bonds would be found in the Enterprise funds Statement of Revenues, Expenses, and Changes in Net Assets. This statement shows the financial activities of the government's business-like activities, such as revenue bonds which are used to finance enterprise funds.

In Order to Compute the Interest Coverage on Revenue Bonds,one