History, asked by izharahmed2012, 10 months ago

what are the difference between fixed and working capital ? explain.

Answers

Answered by neelimaniviben

Answer:

Fixed capital refers to the investment of the enterprise in long term assets of the company. Working capital means the capital invested in the current assets of the company. Durable goods whose useful life is more than one accounting period. ... Used to buy non-current assets for business.

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