The circulating capital of a business enterprise is classified into
COMMERCE
JAMB 2015
The circulating capital of a business enterprise is classified into
- A. Cash, work-in-progress and debtors
- B. Cash, Vehicles, land and building
- C. debtors, stocks of raw materials and fitting
- D. Prepayments, debtors and equipment
Correct Answer: A. Cash, work-in-progress and debtors
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