distinguish fixed and working capital
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Explanation:
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.
Answered by
1
Answer:
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.
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