Saved Bookmarks
| 1. |
Difference between fixed and working capital in detail |
|
Answer» Fixed capital 1. Tools machines and buildings that can be used in production is called fixed capital.2. Tools machines buildings can be used in production for over many years.3. Tools and machines range from very simple tools such as block to sophisticated machines such as generator turbines computer etc.Working capital 1. Raw materials and money in hand required for production is called working capital.2. Raw materials and money in hand are used in production.3. Yarn used by the Weaver the clay used by the Potter etc. Fixed capital1. Tools machines and buildings that can be used in production is called fixed capital.2. Tools machines buildings for over Fixed capital will remain for long time and will not get over easily. Working capital will finish in short span of time |
|