Question

for which purpose fixed capital is needed in the business​

Answer 1

Answer:

It is a part of total capital invested in the business. It has a permanent existence in the business to meet its long-term needs. It is used for purchasing fixed assets like land, building, plant, machinery, etc. It is also used for purchasing intangible assets like patents, copyrights, goodwill, etc.

Answer 2

ายไสยไย. ยบไบไยส ยยมไมยไมยขำสขหข ยยใไม