GASB's Analyst's Guide to Government Financial Statements identifies four categories of financial ratios. What are these categories?
A) Financial leverage, Liquidity, solvency, and ability to pay,
B) Solvency, ability to pay, financial position and financial leverage
C) Long-term liquidity, short-term liquidity, financial position and solvency
D) Financial position, liquidity, solvency, and ability to pay.

Question

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GASB's Analyst's Guide to Government Financial Statements identifies four categories of financial ratios. They are financial position, liquidity, solvency and ability to pay.

GASB's Analyst's Guide to Government Financial Statements Identifies Four Categories