categorise the following into fixed & working capital 1. diesel, 2. tractor 3.unit of electricity 4.cash in hand
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0
Answer:
fixed capital -tractor
working capital - diesel ,unit of electricity ,cash in hand
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4
Answer:
★ Fixed Capital
Fixed capital is a mandatory one-time investment made at the introductory phase of a business establishment.
★ Working Capital
The capital of a business which is used in its day-to-day trading operations.
Now , Your Answer is Very Simple .
1. Diesel = Working Capital
2. Tractor = Fixed Capital
3. Unit of Electricity = Working Capital
4. Cash in Hand = Working Capital
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