A. liquid capital
B. circulating capital
C. fixed capital
D. nominal capital
Correct Answer:
Option B – circulating capital
Explanation
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.
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