Cooperative Economics I: Module 3

Inabo, O. A. (Obaka Abel)

Learning Object

At the end of this unit, you should be able to: • define fixed capital and working capital • estimate the value of fixed capital • determine investment risk of fixed capital • list sources of funding for fixed capital investment • explain factors which influence fixed capital requirements • calculate working capital • determine accounts received, accounts payable and inventory • describe the history of cooperative development in Nigeria • explain the meaning of investment • discuss the various types of investment opportunities open to cooperatives in Nigeria.

Published by:

National Open University of Nigeria (NOUN)

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