WHAT IS FIXED CAPITAL ???
(WITH EXAMPLE)
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☞￣ᴥ￣☞ Fixed capital: Tools and machines range from a plough to a tractor and sophisticated machines like generators, turbines, computers, etc. The tools, machines, buildings which can be used in production over many years are called fixed capital.
eg: Property, plant, and equipment are standard fixed capital items.
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accounting, fixed capital is any kind of real, physical asset that is used repeatedly in the production of a product. In economics, fixed capital is a type of capital good that as a real, physical asset is used as a means of production which is durable or isn't fully consumed in a single time period
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