The Portion of a Company's Profits That Are Kept by the Company

question 67

Multiple Choice

The portion of a company's profits that are kept by the company rather than distributed to the stockholders as cash dividends is referred to as

• A) restricted earnings.
• B) venture capital.
• C) retained earnings.
• D) institutional investment.

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Definitions:

Clutch Pack

An assembly of multiple friction discs and steel plates in an automatic transmission that engage and disengage drive.

Clutch Pack

A component of an automatic transmission consisting of multiple discs and plates that engage and disengage to change gears.

Clutch Free Pedal

The free downward travel of a clutch pedal during which the clutch release linkage takes up the 1/8 inch (3 mm) of free travel between the release forks and the clutch release bearing. After clutch free pedal has been taken up, the clutch begins to release as the pedal continues to be depressed. Clutch free pedal is correctly set at between 1½ and 2 inches (3.8 and 5 cm).

Release Yoke Fingers

Components in a clutch mechanism that disengage the clutch disc from the flywheel, allowing the transmission to shift gears.