define fixed capital , working capital and physical capital
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Fixed capital refers to the investment of the enterprise in long term assets of the company.
Working capital means the capital invested in the current assets of the company.
Durable goods whose useful life is more than one accounting period. Used to buy non-current assets for business.
physical capital refers to a factor of production (or input into the process of production), such as machinery, buildings, or computers. In economic theory, physical capital is one of the three primary factors of production, also known as inputs production function.
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