Differences between fixed capital and circulated capital.
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The primary function of the financial manager is to ensure availability of finance, to fulfill different purposes such as initial promotion, fixed capital, and working capital. Fixed Capital refers to the capital, which is invested in procuring fixed assets for business. On the other hand, working capital represents the amount of money utilized for financing day to day business operations. It is required to support the proper functioning of the company’s business operations.
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Fixed Capital refers to the capital, which is invested in procuring fixed assets for business while circulated capital is - capital consumed in the process of production (as fuel, power, and raw materials)
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