Accountancy, asked by chhayavrm7, 11 months ago

are there fixed assets is the example of working capital

Answers

Answered by Anonymous
0

Fixed capital investments include durable goods, which will remain in the business for more than one accounting period. On the other hand, Working capital comprises of short-term assets and liabilities of the business. Fixed capital is relatively illiquid because it cannot be converted into cash easily.

Similar questions