During the financial crisis of 2007-2009, plowback represented a total of ____ in corporate financing.

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Plowback represents the proportion of net income that is retained by a company and reinvested in its business rather than distributed as dividends to its shareholders. During the financial crisis of 2007-2009, many companies resorted to plowback to finance their operations, as credit markets tightened and access to external financing became more difficult. According to data from S&P Dow Jones Indices, plowback represented a total of $1 trillion in corporate financing during that period.

During the Financial Crisis of 2007-2009, Plowback Represented a Total