Sources of Corporate Finance — Secretarial Practice STD 12 Commerce / Arts — Question
Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsSecretarial PracticeSources of Corporate Finance2 Marks
Question
Ploughing back of profit
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Answer
Ploughing back of profit or retained earnings is a management policy under which all profits are not distributed amongst shareholders.
It is an internal source of financing or self-financing as when the need arises, such reserves are ploughed back, brought into the business to meet the financial needs
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