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What is kishora's fixed capital ?

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What is kishora's fixed capital ?

Posted by Saɴᴋᴇᴛ ???? 4 years, 5 months ago

CBSE > Class 09 > Social Science

2 answers

Diksha Laniya 4 years, 5 months ago

Answer: (i)Kishora's fixed capital is the buffalo and wooden-cart which he has purchased with the bank loan. (ii)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.

Saɴᴋᴇᴛ ???? 4 years, 5 months ago

Kishora's fixed capital is the buffalo and wooden-cart which he has purchased with the bank loan.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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