which of the following items is not an example ... - WAEC Economics 2017 Question
which of the following items is not an example of circulating capital
A
raw material
B
money
C
fuel
D
machinery
correct option: d
Circulating capital can consist of cash, operating expenses, raw materials, inventory in process, finished goods inventory and accounts receivable.
Circulating capital is frequently referred to as working capital or alternatively, revolving capital.
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