Which of the following is working capital?
a) raw materials b) money c) tools d) both a and b
Answers
Answered by
1
Raw material and money are the working capital.
Explanation:
Both raw material and money are working capitals. Because both of them are used in production process. Also they are used in day-to-day trading operations. The money that is available for investment and productive purposes has been called money capital or financial capital by some economists. But money capital isn't real capital. Real capital consists of machines, tools, well pipes, factories, tractors, etc., which directly contribute to the production of goods.
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which of the following a working capital . a.cash , b.tool,c.furniture,d ...
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Answered by
0
Answer:
d]
is the answer
BOTH A AND B
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