How is fixed capital different from working capital?
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9
Working Capital refers to the capital, which is used to perform day to day business operations.
Working capital comprises of short-term assets
ex- money
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Fixed capitalinvestments include durable goods, which will remain in the business for more than accounted period
it comprises for long - term assets
ex- land , machines
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Answered by
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working capital refers to the capital, which is used to do day to day operations. Fixed capital investments include durable goods, which will remain in the business for more than one accounting period...
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