six measures of solvency

Calculator The balance sheets at the end of each of the first two years of operations indicate the following: Kellman Company Year 2 Year 1 Total current assets $600,897 $573,442 Total investments 62,079 44,856 Total property, plant, and equipment 924,428 789,426 Total current liabilities 103,532 87,200 Total long-term liabilities 319,147 240,457 Preferred 9% stock, $100 par 90,862 90,862 Common stock, $10 par 587,561 587,561 Paid-in capital in excess of par-common stock 60,722 60,722 Retained earnings 425,580 340,922