If a Firm Uses External Financing as a Plug Item,has

question 17

Multiple Choice

If a firm uses external financing as a plug item,has a new capital budget of $2 million,a net income of $3 million,and a plowback ratio of 40%,how much should be raised in external funds?

• A) $200,000
• B) $600,000
• C) $800,000
• D) $1,200,000

---

Definitions:

Susceptible Genes

Genes that increase an organism's likelihood of developing a particular disease or condition when exposed to certain environmental factors.

Resistant Genes

Genes that provide organisms, whether plants, animals, or microbes, with the ability to resist the effects of antibiotics, pesticides, or environmental stressors.

Low-armor Eda Allele

A specific genetic variant associated with reduced body armor in certain fish populations, often used to study evolutionary adaptation and natural selection.

freshwater Stickleback

A small fish found in freshwater environments, often used in evolutionary biology studies due to its adaptability and variation.