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