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GCE Commerce 1989 Question 42

Question 42

Business Finance

The part of business capital that does not change its form in the process of production is known as

  1. A.circulating capital
  2. B.nominal capital
  3. C.liquid capital
  4. D.fixed capital
  5. E.working capital
Show the answer and explanation

Answer: D (fixed capital)

Explanation

Fixed capital (buildings, machines) stays in the same form while it is used again and again.