Answer to Question #204531 in Economics for Kelebogile

Question #204531

Explain whether or not you agree with the following statement: “A company has R500 million in a deposit account with a local bank. In terms of economic theory, this represents capital to the firm”


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Expert's answer
2021-06-08T10:56:46-0400

Since the money deposited will bring profit, then they can be attributed to the capital of the company.


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