what is kishora's fixed capital?
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101
Hey there !
(i)Kishora's fixed capital is the buffalo and wooden-cart which he has purchased with the bank loan.
(ii)The money that he earns from selling the milk and transporting goods on his bullock-cart minus his own living expenses are his working capital.
(iii)Kishora is involved in the following production activities.
Hope it helps you !
HAPPY FRIENDSHIP DAY.....!!
(i)Kishora's fixed capital is the buffalo and wooden-cart which he has purchased with the bank loan.
(ii)The money that he earns from selling the milk and transporting goods on his bullock-cart minus his own living expenses are his working capital.
(iii)Kishora is involved in the following production activities.
Hope it helps you !
HAPPY FRIENDSHIP DAY.....!!
samveg57:
thank you for answering
Answered by
27
Answer:
Fixed capital is the type of capital useful for us that remain in a fixed position whereas working capital is the type of capital that works for us
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