explain fixed and working capital
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Fixed capital investments represent the acquisition and maintenance of long-term assets. A fixed capital investment can be tangible asset, such as a building, or an intangible asset, such as an intellectual property.Working capital refers to the deployment of financial resources in the day-to-day business operations.
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Fixed capital is something which when purchased can be used for many years like tractor, machines etc.
Working capital is something which when purchased cannot be used for a longer period of time like seeds, money in hand etc.
Hope it helps....
Working capital is something which when purchased cannot be used for a longer period of time like seeds, money in hand etc.
Hope it helps....
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