which of the following items is not an example of circulating capital
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Correct Answer: Option D
Explanation:
Circulating capital can consist of cash, operating expenses, raw materials, inventory in process, finished goods inventory and accounts receivable.
Circulating capital is frequently referred to as working capital or alternatively, revolving capital.
Circulating capital can consist of cash, operating expenses, raw materials, inventory in process, finished goods inventory and accounts receivable.
Circulating capital is frequently referred to as working capital or alternatively, revolving capital.