categorise the following into fixed & working capital 1. diesel, 2. tractor 3.unit of electricity 4.cash in hand
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Fixed capital is the capital invested in fixed assets.
Whereas, Working Capital is the capital used to fulfill daily requirements.
The above mentioned items can be categorized as below;
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Answer:
Explanation:
fixed capital is the capital invested in fixed assets.
Whereas, Working Capital is the capital used to fulfill daily requirements.
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