what do you mean by working capital and fixed capital
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Fixed capital investments represent the acquisition and maintenance of long-termassets. A fixed capitalinvestment can be tangible asset, such as a building, or an intangible asset, such as an intellectual property. Working capital refers to the deployment of financial resources in the day-to-day business operations.
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heya..
Here's ur answer
☆FIXED CAPITAL- Tools,machines,buildings etc. which can be used in production over many years
☆WORKING CAPITAL- The factors of production which are used up in the production process....
Here's ur answer
☆FIXED CAPITAL- Tools,machines,buildings etc. which can be used in production over many years
☆WORKING CAPITAL- The factors of production which are used up in the production process....
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