GASB's Analyst's Guide to Government Financial Statements identifies four categories of financial ratios. What are these categories?

A. Solvency, ability to pay, financial position and financial leverage.
B. Financial position, liquidity, solvency, and ability to pay.
C. Long-term liquidity, short-term liquidity, financial position and solvency.
D. Financial leverage, Liquidity, solvency, and ability to pay.


Answer: B

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