Define working capital. How is it different from fixed capital?
Class 9th Economics
Answers
Answered by
0
The primary difference between fixed capital and working capital is that Fixed Capital is the capital which is invested by the company in procuring the fixed assets required for the working of the business whereas working capital is the capital which is required by the company for the purpose of financing its day to day operations.
Answered by
1
Answer:
working capital refers to the such type of capital which is used for current assets
fixed capital refers to such type of capital which is used for fixed assets.
Similar questions
Math,
30 days ago
Hindi,
30 days ago
Math,
2 months ago
India Languages,
9 months ago
Math,
9 months ago