Why is land a fixed capital
Answers
Answered by
8
Fixed capital. ... So fixed capital is that portion of the total capital outlay that is invested in fixed assets (such as land, buildings, vehicles, plant and equipment), that stay in the business almost permanently—or at the very least, for more than one accounting period.
Similar questions
Math,
7 months ago
World Languages,
7 months ago
Math,
7 months ago
Math,
1 year ago
Hindi,
1 year ago