short note on fixed capital and working capital(palampur)
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FIXED CAPITAL: In fixed capital, the salary we used to get that is fixed. Like - In Goverment office the gets money, that is called fixed capital.
WORKING CAPITAL: In working capital, people used get salary acooeding to their working hours. Like - The work of vegetable vendor they usallay get salary by their working hours, that is called working salary
WORKING CAPITAL: In working capital, people used get salary acooeding to their working hours. Like - The work of vegetable vendor they usallay get salary by their working hours, that is called working salary
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Fixed capital:. Raw materials and money in hand is called Fixed capital. eg: Irons,Rocks,Steels,etc
Working capital:. Machines, Buildings,Tools used in production is called Working capital.
eg:Ploughing tool,tractors,harvesters,combiners
etc...
Hope this helps you
Thanks a lot
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