Earnings This Year for Plasti-Tech Inc

question 101

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.

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