What are the different between in fixed capital and working capital ?
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FIXED CAPITAL
* it includes things which have a single investment and a long time period.
* these things are not included in the the daily expenditure
* they are not directly involved in the production of goods
* It included machinery, tools, etc.
WORKING CAPITAL
* it includes things which are not required to make a daily investment.
* these things are not included in the daily expenditure
* they are directly involved in the production of goods
* it includes raw material, money, etc.
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