Question

categories the following as fixed or working capital. cotton
machine

Answer 1

Answer:

Cotton - Working capital

Machine - Fixed capital

Explanation:

• Fixed capital refers to the equipment, machinery, and structures that can be used in production for a long period of time.
• Working capital is defined as cash on hand and raw commodities.
• The stock of tangible, long-lasting fixed assets that resident businesses hold or use for a longer period of time is referred to as fixed capital.
• This covers the value of buildings, land improvements, machinery, vehicles, and equipment, installations, and physical infrastructure.
• Various fixed assets, including as equipment, furnishings, automobiles, and other plant and machinery, are purchased with fixed capital.

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