Question

differentiate between Floating and Sunk capital by giving suitable example.​

Answer 1

Answer:

Sunk capital is that category of capital which can be used to produce only one type of commodity or services. Examples: An ice factory, oil mill etc. Floating capital includes all such items which can be put to alternate uses. The use of such commodities is not restricted for any specific purpose

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Answer 2

Answer:

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Explanation:

Sunk capital is that category of capital which can be used to produce only one type of commodity or services. Examples: An ice factory, oil mill etc. Floating capital includes all such items which can be put to alternate uses. The use of such commodities is not restricted for any specific purpose.

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