Earnings this year for Plasti-tech Inc.were $200,000, of which $60,000 it decided to plow back and 10 % was depreciation.Plasti-tech's internally generated funds are:
A) $40,000
B) $60,000
C) $80,000
D) $140,000 Internally generated funds:
= (0.10) (200,000) + 60,000
Correct Answer:
Verified
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