Economy, asked by rajeaiswarya907, 1 month ago

define both fixed and working capital ​

Answers

Answered by Mysticaldimples27
2

Answer:

Fixed and working capital are both vital to a small business. Fixed capital includes the assets or investments needed to start and maintain a business, like property or equipment. Working capital is the cash or other liquid assets that a business uses to cover daily operations, like meeting payroll and paying bills.

Answered by KrithikaQueen
6

Answer:

Fixed and working capital are both vital to a small business. Fixed capital includes the assets or investments needed to start and maintain a business, like property or equipment. Working capital is the cash or other liquid assets that a business uses to cover daily operations, like meeting payroll and paying bills.

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