raw material and money in hand in Palampurm
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The raw materials and money in hand are known as working capital, which are used for production of commodities. In other words, working capital is the cash available for funding daily operations of an organization.
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Answer:
Raw material and money in hand are called as working capital, which r used for production of commodities (r most often used as input in production of other goods). In other words, working capital is cash available for funding daily operations of an organization. It is also called as current capital.
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