write any 4 features of fixed capital method
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The main characteristics or features of fixed capital are listed as follows:
- Purchase of fixed assets.
- Promotion and expansion of business.
- Low liquidity.
- Permanent in nature.
- Primary sources.
- Amount of fixed capital.
- Long-term needs of business.
- Source of wealth and risk.
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Answer:
The main characteristics or features of fixed capital are listed as follows:
Purchase of fixed assets.
Promotion and expansion of business.
Low liquidity.
Permanent in nature.
Primary sources.
Amount of fixed capital.
Long-term needs of business.
Source of wealth and risk.
Explanation:
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