Question

Write the difference between fixed capital and working capital

Answer 1

Explanation:

Fixed capital alludes to the amount of investment of company in long term assets. Working capital refers to the capital that is invested into the current assets of the organization.

Answer 2

Answer:

Fixed capital refers to the investment of the enterprise in long term assets of the company. Working capital means the capital invested in the current assets of the company. Comprise of. Durable goods whose useful life is more than one accounting period. Short term assets and liabilities.