Economy, asked by ziamtrashh, 1 year ago

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 Sidyandex
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 mishra2tiktoklover
7

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