Question

Which of the following is not fixed capital?

a) land b) Buildings c) Raw material d) tractor​

Answer 1

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.