Advertisements
Advertisements
Question
Classify the following into fixed capital and working capital. Give reasons:
Iron ore in steel plant.
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?
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 |
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.
Distinguish between fixed and circulatory 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.
Out of the following capital used in the cotton textile industry classify the following as fixed or circulating capital.
- Cotton yarns
- Dyes
- Power
- Weaving machines
- Factory buildings
- Machines
- Stocks of raw material lying in a factory
- A car owned by a taxi-driver
- Coal used in a factory
- Cotton used by a doctor