state three reasons of calling raw material and money as working capital
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Answers
Answered by
1
Explanation:
Raw materials, stocks of goods and the money that has to be used to pay the wages of workers and to meet the day to day expenses come under working capital. ... The owner gets back the working capital when the product is sold.
Answered by
0
Answer:
raw material and money never be at a particular place
as money goes from one hand to another
raw material from nature to factories to producers to market to consumers etc
that's why these are called working capital
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