Which capital are called raw material and money
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raw material and money are the form of working capital as they depreciate over time
the capital which is used up over time in construction or in any other economic activity is called working capital .
so , money and raw material are called working capital
as raw material is needed in economic activity and is used up and money is needed to buy equipments , pay workers etc
hope this helps
the capital which is used up over time in construction or in any other economic activity is called working capital .
so , money and raw material are called working capital
as raw material is needed in economic activity and is used up and money is needed to buy equipments , pay workers etc
hope this helps
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