What is fixed and working capital?
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Explanation:
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. Comprise of. Durable goods whose useful life is more than one accounting period. Short term assets and liabilities.
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Answer:
Fixed capital is the things which once brought you an use it every time on production
ex. machines,
Working capital is the things which can use once for ex raw material
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