1. Which of the following is fixed and circulating capital.Give reasons in each case.
a). Stock of raw cotton in a textile mill.
b). A pair of bullocks used for
ploughing.
c). A motorcar owned by a doctor.
d). Water stored in an irrigation dam.
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Answer:
fixed capitalbuildingthrasherworking capitalcashcotton. ... Secondary School · Social sciences; 5 points. Category the following as fixed capital or working capital (a) cotton (B) Thrasher (C) cash (d) building .
Explanation:
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