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Question
Classify the following into fixed capital and working capital.
- Cash at bank
- Plant and machinery
- Book debts
- Work-in-progress
- Motor vehicles
- Stock of raw materials
- Cash in hand
- Computers
Classify
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Solution
| Fixed capital | Working capital |
| Plant and machinery | Cash at bank |
| Motor vehicles | Book debts |
| Computers | Work-in-progress |
| Stock of raw materials | |
| Cash in hand |
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Chapter 2: Capital - Fixed and Working - QUESTION BANK [Page 47]
