Funds used for paying wages, salaries and payments for ra...
Funds used for paying wages, salaries and payments for raw materials are categorized under
liquid capital
circulating capital
fixed capital
nominal capital
Correct answer is B
Circulating capital includes intermediate goods and operating expenses, i.e., short-lived items that are used in production and used up in the process of creating other goods or services. e.g Raw materials, work in process, finished goods, and cash at hand that continually flow within an organization.
Which of the following is has a fixed rate of dividend? ...
\(\begin{array}{c|c} \text{Opening stock} & 1800 \\ \hline \text{Purchases} & 2800 \\ \hline ...
Organization licensed and authorized to deliver fast malls, and parcels are engaged in? ...
An agent who transacts business with the broker in the stock exchange is a ...
Goods invoiced at N5,000.00 were sold to Adegoke at less 2½% trade discount. How much would h...
The safety and quality of products are the social responsibility of? ...
The people involved in the formation of new companies are called? ...
Trading on the stock exchange in anticipation of price change in the market value of shares is? ...
Money can be simply be referred to as a ...
Which of the following policies could be taken for a guaranteed life income? ...