wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

What are 'raw materials and money in hand' called?

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

The correct option is B Working capital

The raw materials and money in hand are known as working capital, which is used for the production of commodities. It is also called as current capital.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Comparative Financial Statement
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon