define the term fixed capital....give one example
Answers
Answered by
7
hey....!!
capital invested in fixed asset is called fixed capital
machinery and tools are examples of fixed capital
hope this helps u
capital invested in fixed asset is called fixed capital
machinery and tools are examples of fixed capital
hope this helps u
Answered by
0
It refers to any kind of real or physical capital (fixed asset) that is not used up in the production of a product. It contrasts with circulating capital such as raw materials, operating expenses and the like.
This can include office buildings, computers and networking devices, and other standard office equipment.
This can include office buildings, computers and networking devices, and other standard office equipment.
Similar questions