difference between working and fixed capital. please answer
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Explanation:
Fixed capital is the investments done by the business for accruing long-term benefits. Working capital is the daily requirement pumped into the business. Fixed capital is used to acquire non-current assets of the company. Working capital is used to acquire the current assets of the company.
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Working Capital refers to the capital, which is used to perform day to day business operations.
Fixed capital investments include durable goods, which will remain in the business for more than one accounting period.
On the other hand, Working capital comprises of short-term assets and liabilities of the business.
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