Commerce WAEC

Money spent on acquiring vehicles, furniture and fittings by a manufacturing company is termed?
Money spent on acquiring vehicles, furniture and fittings by a manufacturing company is termed?Money spent on acquiring vehicles, furniture and fittings by a manufacturing company is termed?

A. Circulation capital
B. working capital
C. fictitious capital
D. fixed capital
E. capital owned

Correct Answer:

Option D – fixed capital

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5 years ago

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