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Question
What is kishora's fixed capital?
What is kishora's fixed capital?
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Solution
1. The fixed capital of Kishora is the buffalo and wooden cart which he has purchased with the bank loan
2. The money that he earns from selling the milk and transporting goods on his bullock-cart minus his own living expenses are his working capital.
1. The fixed capital of Kishora is the buffalo and wooden cart which he has purchased with the bank loan
2. The money that he earns from selling the milk and transporting goods on his bullock-cart minus his own living expenses are his working capital.
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