Categorise the following as working or fixed capital by giving a reason.
(a) Computer
(b) Raw Material
Answers
Answered by
1
- Computer is a Fixed capital - as it is a tine time investment
- Raw Materials is a Working capital- as the capital rate changes with cost of raw material
Similar questions
Psychology,
23 days ago
Math,
23 days ago
English,
1 month ago
English,
9 months ago
Math,
9 months ago