7/17/2019 Lesiker’s Business Communication Solution 5

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Lesiker’s BusinessCommunication Solution

7/17/2019 Lesiker’s Business Communication Solution 5

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Chapter-2: Critical Thinking Exercises

17. The company must desist from

its deficit financing immediately.

18. This antiquated merchandising

strategy is ineffectual in

contemporary businessoperations.

19. Percentage return on common

stockholders’ equity averaged

23.1 for the year.20. The company’s 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.

Using Familiar Words