what is fixed capital
Answers
Answered by
0
economics and accounting, 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. It contrasts with circulating capital such as raw materials, operating expenses and the like.
Answered by
4
ANSWER :-
⭕ Fixed capital is the any kind of real , physical asset that is used in the production of product but is not used up in the production .
⭕ It contrasts with circulating capital such a raw materials , operating expenses.
⭕ For example equipments and facilities from part of fixed assets are fixed Capital
HOPE IT HELPS YOU ❣️
Similar questions