name fixed capital working capital labour type of labour
1} kareem as an
computer center
2} Mishrilal as a
manufacture
3} Kishora as a
dairy man
4} Kishora as a
transporter
Answers
Hey Mate !
2.Manufacture:Fixed capital can be contrasted with variable capital, the cost and level of which change over time, and with the scale of a company's output. For instance, machinery used in production would be considered fixed capital, as it would remain with a company regardless of current output levels.
Working Capital Management for Manufacturers :One accounting description of working capital is expressed as a financial formula in which net working capital equals current assets minus current liabilities. ... Manufacturing financial managers have several potential strategies to review for cash flow improvement.
3.Dairy man:The fixed capital of a business means the materials or equipment needed for accomplishing the tasks of that trade successfully, mainly during the initial stage. Hence, a dairy farmer will need some cows and other dairy animals for starting the business.
This calculation says working capital should be one-third the "value of farm production," defined as total gross sales minus the cost of goods sold, including purchased feed. Below is an average calculation assuming a 305-day lactation per cow.
Hope it helps u !