Question

For a milkman, what is the fixed capital and working capital for him?​

Answer 1

Answer:

1 Kishora 's fixed capital is buffalo, wooden cart and potter since they have permanent existence. 2 Kishora 's working capital is money earned from selling milk, jaggery, clay pot and transporation of goods.

Answer 2

1 Kishora 's fixed capital is buffalo, wooden cart and potter since they have permanent existence.

2 Kishora 's working capital is money earned from selling milk, jaggery, clay pot and transporation of goods.

3 He was a farm lanourer but like other labourers he found it diffivult to meet is family needs and he took loan from bank and buy a buffalo and start selling its milk and therefore, he uses his wooden cart for transporation of goods.

4 Kishora has been benefited by the building of the road as it has helped him to do trade with the neighbouring towns and earn from transport.