Advertisements
Advertisements
Question
Classify the following into fixed capital and working capital. Give reasons:
Iron ore in steel plant.
Advertisements
Solution
Working Capital: Iron-ore in a steel plant can be used once since it is a raw material to the plant.
APPEARS IN
RELATED QUESTIONS

Identify what type of capital is it?
Is a multiple use power generating machine owned by a factory, sunk capital or floating capital? Give two arguments to support of your answer.
Match the following and select the correct option.
| Column I | Column II | ||
| (i) | Capital which is given to workers in form of wages | (A) | Circulating capital |
| (ii) | Producer goods having long life | (B) | Floating capital |
| (iii) | Goods which can be used for a specific purpose only once | (C) | Fixed capital |
| (iv) | Goods which can be put to alternative uses or by several industries | (D) | Remunerative capital |
______ capital is used once in production whereas ______ capital can be used for long time.
Which of the following types of capital can be used only for a specific purpose?
Which of the following goods will be considered circulating capital?
Explain in brief the term sunk capital.
Define real capital.
Give two examples of real capital.
Classify the following into fixed capital and working capital. Give reasons:
A television in a hotel room.
