Which of the following items is not classified as working...
Which of the following items is not classified as working capital?
Fuel
Money to pay wages
Semi-finished goods
Equipment
Correct answer is D
The answer is equipment. Working capital is the difference between a company's current assets and current liabilities. Current assets are those that can be converted into cash within a year, such as cash, accounts receivable, and inventory. Current liabilities are those that are due within a year, such as accounts payable and accrued expenses.
Equipment is a long-term asset, meaning that it is not expected to be converted into cash within a year. Therefore, it is not classified as working capital.
The other options, fuel, money to pay wages, and semi-finished goods, are all current assets and are therefore classified as working capital.
To summarize, the item that is not classified as working capital is equipment.
Balance of trade can be define as ...
What must be added to variable cost to give total cost? ...
In Economics, want means…………aspiration ...
A cheque book is issued to customers of a bank operating a ...
The point x inside the ppc indicate? ...
Development banks mainly provides ...
A country whose economy is buoyant is likely to have ...