Using Familiar Words 17. The company must desist from its deficit financing immediately. 18. This antiquated merchandising strategy is ineffectual in contemporary business operations. 19. Percentage return on common stockholders equity averaged 23.1 for the year. 20. The companys retained earnings last year exceeded $2,500,000.
17. The company must stop spending
more than it receives now. 18. This old selling strategy will not work in business today.
19. Stockholders received payment of
23.1 percent of the value of their common stock. 20. The company kept over $2,500,000 of its profits last year.