Question

A company is planning to enhance it's production capacity and is evaluating the possibility
of purchasing new machinery whose cost is * 2 crore or has alternative of machinery
available on lease basis.
a. What type of asset is machinery ?
b. Capital used for purchase of machinery is fixed capital or working capital?
c. Does the size of a business determine the fixed capital requirement ?​

Answer 1

Answer:

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Explanation:

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