Capital:
Capital is the man-made physical goods employed to generate other goods and services. In usual language, capital means money. In Economics, capital refers to that portion of man-made wealth that is employed for the further production of wealth. According to Marshall, “Capital comprises of such kinds of wealth other than free gifts of nature that yield income”.
Money is considered as capital since it can be employed to buy raw materials, tools, and machinery for production. The word capital and wealth are not identical. Capital is that portion of wealth that is employed for the further production of wealth. Therefore, all wealth is not capital however all capital is wealth.
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the power can be calculated basically with the help of just ammeter and voltmeter.
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the company whose shares have been attained do not become a subsidiary of the investing company. One technique would just include the investment of shares in the company at cost in the investing statement of financial position of company.
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The remuneration committee is the cornerstone of the UK Code’s attempt to make sure that directors’ rewards are suitable. The UK Code says that this committee should be accountable for setting remuneration for executive directors and the chairman.
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The different roles that non-executives are expected to play provide potential for conflict. In developing strategy, co-operation between the executive and non-executive directors is essential.
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