what do you mean by fixed and working capital?
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Fixed capital is any kind of real, physical asset that is used in the production of a product but is not used up in the production.
eg: Land, Building
Working capital costs (WCC) refer to the costs of maintaining daily operations at an organization.
eg: Cash Credit, Trade credit
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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.
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