The clay used by a potter is an example of which type of capital?

The clay used by a potter is an example of which type of capital?

  1. A

    Working capital

  2. B

    Fixed capital

  3. C

    Both of these

  4. D

    None of these

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    Solution:

    The clay used for making pottery is an example of working capital because it is a raw material that is used to make pottery. Money or cash in hand is also an example of working capital.

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