Which of the following is not fixed capital?
a) land b) Buildings c) Raw material d) tractor
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Answer:-Raw materials
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What is the fixed capital?
Fixed capital are the assets that are not destroyed or consumed during the production or a product.
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Importance of the fixed capital?
- It plays a vital role in saving the money or managing with less money
- It is required in maintaining a vital role for fixing the assets.
- It is important to make a balance profits.
- It helps a management to kick start the production of materials.
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