raw material and cash currency are called capital
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The raw materials and money in hand are known as working capital, which are used for production of commodities. ... It is also called as current capital.
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The correct question will be :
Why raw material and cash currency are called as capital?
Raw material and cash currency are called as capital because of the following reasons :
- Both the materials are very important aspects of the economic development and are very vital source for the growth of the capital.
- So basically the working capital is the amount present in hand and is used for the development of any infrastructure area or it's used in any kind of renovation.
- This amount of money is used for completing any kind of work and then giving a final product to the client.
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