Floating capital is also known as circulating capital. It encompasses (1) the raw materials consumed in each phase of manufacturing; (2) money designated for wages; and (3) products stored in the warehouses of manufacturers or merchants.
Floating capital is also known as circulating capital. It encompasses (1) the raw materials consumed in each phase of manufacturing; (2) money designated for wages; and (3) products stored in the warehouses of manufacturers or merchants.
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