=+EX 17-19 Six measures of solvency or profitability objs. 2, 3 c. Ratio of net sales
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=+EX 17-19 Six measures of solvency or profitability objs. 2, 3
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c. Ratio of net sales to assets, 5.0 The balance sheet for Bearing Industries Inc. at the end of the current fiscal year indicated the following:
Bonds payable, 10% (issued in 2000, due in 2020) $4,000,000 Preferred $5 stock, $100 par 1,000,000 Common stock, $10 par 2,000,000
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