Question

Raw material and money in hand in which type of capital

Answer 1

hi it is your answer
raw material and money in hand are working capital because they are required at every stage of production.

Answer 2

ANSWER:

The raw material and money in hand in called working capital.

EXPLANATION:

    For producing commodities, we need a capital for buying the raw materials which is called as working capital. Working capital is the cash availability for funding daily operations of an organization. It is also known as current capital. These are the ways of the working capital.

   Raw materials are certain materials which are very essential to start the production activity, so it needs a big part of investment which is working capital.