Circulating capital is best described as: The materials in inventory that go into or are consumed in making the finished product and all the finished goods in inventory. The tools used in making the finished product. When a product is built by moving it from station to station throughout a factory where workers focus on one small job that is only a portion of the whole process of production. Money that moves through different divisions of a business to be used in the production process.

Capital is term that broadly describes anything that grants value or benefit to its owner, which…

Answered: Circulating capital is best described…

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter10: Financing And Producing Goods

Section: Chapter Questions

Problem 4AA

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Circulating capital is best described as:

		The materials in inventory that go into or are consumed in making the finished product and all the finished goods in inventory.
		The tools used in making the finished product.
		When a product is built by moving it from station to station throughout a factory where workers focus on one small job that is only a portion of the whole process of production.
		Money that moves through different divisions of a business to be used in the production process.

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