Which of the following is an example of circulating capital?

CA Foundation · Business Economics · RTP · May 2026
Which of the following is an example of circulating capital?
(A) A. Machinery
(B) B. Factory building
(C) C. Raw material
(D) D. Tools

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Raw material

Topics: Theory of Production and Cost

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