+1 vote
in Class 11 by kratos

Out of the following capital used in the cotton textile industry, classify the following as fixed or circulation capital :

(i) Cotton yarns

(ii) Dyes

(iii) Power

(iv) Weaving machines

1 Answer

+6 votes
by kratos
 
Best answer

(i) Cotton Yarn : Circulating Capital

(ii) Dyes : Circulating Capital

(iii) Power : Circulation Capital

(iv) Weaving Machines : Fixed Capital.

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