Question

The money that is spent to buy assets such as land, building, machines, and other equipment is called ________ *


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Answer 1

Answer:

Capital

Explanation:

The money that is spent to buy assets such as land, building, machines and other equipment is called capital.

Answer 2

Answer:

The money that is spent to buy assets such as land, building, machines, and other equipment is called capital.

Explanation:

• Capital is basically a broader terminology that is used to define anything that confers value.
• It gives benefits to its owners for example factory and its machinery.
• Money and capital are the two terms that are often used interchangeably but capital is that kind of cash that is being put to work for productive purposes as well as investment purposes.
• There are four different types of capital.
• It includes:

1. working capital
2. debt
3. equity
4. trading capital

• Brokerages and other financial institutions use trading capital.

Final Answer:

Hence, the money that is spent to buy assets such as land, building, machines, and other equipment is called capital.

Link:

https://brainly.in/question/34902673?referrer=searchResults

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