Social Sciences, asked by yash5416, 7 months ago


How working capital is different form fixed capital​

Answers

Answered by Anonymous
1
  • Tools and machines range from very simple tools to sophisticated machines.Tools, machines, buildings can be used in production over many years, and are called fixed capital.
  • Production requires a variety of raw materials. Also, some money is always required during production to make payments and buy other necessary items. Raw materials and money in hand are called working capital.

Hope this helps you.....

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