Explain '
the term capital! Give two examples. :
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Answered by
2
Answer:
Capital can include funds held in deposit accounts, tangible machinery like production equipment, machinery, storage buildings, and more. Raw materials used in manufacturing are not considered capital. Some examples are: company cars. patents.
Answered by
7
Answer:
The term 'capital' refers to any financial resources or assets owned by a business that are useful in furthering development and generating income. Capital can also represent the accumulated wealth of a business, represented by its assets less liabilities.
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