Multiple Choice
Earnings this year for Plasti-tech Inc.were $200,000.It decided to plow back $60,000 and recorded $20,000 of depreciation.Plasti-tech's internally generated funds are:
A) $40,000.
B) $60,000.
C) $80,000.
D) $140,000.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q96: The purpose of a sinking fund is
Q97: One common reason for issuing two distinct
Q98: A corporation's net worth is composed of
Q99: The gap between internally generated cash and
Q100: The term "senior debt" refers only to
Q102: In proxy contests,outsiders compete with the firm's
Q103: Corporate investors are indifferent between investing in
Q104: Firms have the right to resell any
Q105: Which one of these statements describes U.S.firms
Q106: How does competition in financial markets compare