identify the following as fixed or working capital 1. bullock cart 2. tube well 3. jute fibre to make sacks 4. electricity to run machines 5. loan taken to buy a tractor 6. cash in hand to purchase seeds
Answers
Answered by
48
1. bullock cart – fixed capital, it is still used today.
2. tube well - fixed capital and it is used for various purposes such as new well digging, existing well deepening and others.
3. jute fiber to make sacks – working capital and it is used for the production process.
4. electricity to run machines - working capital and it is used for the production process.
5. loan taken to buy a tractor - working capital and it is used for the production process.
6. cash in hand to purchase seeds- working capital and it is used for production process.
Answered by
7
Answer:
Hope This helps you ✌❤️
Attachments:
Similar questions