wiz-icon
MyQuestionIcon
MyQuestionIcon
9
You visited us 9 times! Enjoying our articles? Unlock Full Access!
Question

Leather in a shoe factory is _______.

A
fixed capital
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
sunk capital
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
floating capital
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
circulating capital
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C floating capital
Floating capital refers to the raw material part of the capital also known as working capital which can be used in many ways in the factory. Therefore, leather in a shoe factory is a floating capital.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Understanding Human Capital
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon