What is capital ? With an example
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3
Hey there !
They are purchased and used to help your company produce consumer goods or provide services. They are reported as assets on a company's balance sheet and often can be depreciated over time. Examples of capital goods include buildings, machines, equipment, furniture and fixtures.
Hope it helps you !
They are purchased and used to help your company produce consumer goods or provide services. They are reported as assets on a company's balance sheet and often can be depreciated over time. Examples of capital goods include buildings, machines, equipment, furniture and fixtures.
Hope it helps you !
Answered by
5
Capital is the wealth in the form of money or other assets owned by a person or organization or available for a purpose such as starting a company or investing.
FOR EXAMPLE: Examples of capital goods include buildings, machines, equipment, furniture and fixtures.
FOR EXAMPLE: Examples of capital goods include buildings, machines, equipment, furniture and fixtures.
spkr1976:
One of the factors of production which is produced. For example... Initial investment to commence a business
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