Business Studies, asked by ankit779, 1 year ago

what is the plug in back of profit as a source of finance describe any two benefit​

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Answered by animeshtiwari2902
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The 'Ploughing Back of Profits' is a management policy under which all profits are not distributed amongst the shareholders, but a part of the profit is 'Ploughed back' or retained in the company. ... Since it means dependence on internal sources for meeting the financial needs of the company.

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