EXPLAIN THE DIFFERENCE BETWEEN FIXED AND WORKING CAPITAL? plz don't spam otherwise 5 answers will reported

EXPLAIN THE DIFFERENCE BETWEEN FIXED AND WORKING CAPITAL? plz don't

1.	EXPLAIN THE DIFFERENCE BETWEEN FIXED AND WORKING CAPITAL? plz don't spam otherwise 5 answers will reported
Answer» ng capital :• Working capital is the amount that the company uses in its day to day trading operations. It is a measure of company's efficiency and short term financial health or liquidity. Working capital = CURRENT assets - current liabilities.1. Used for daily BUSINESS activities.2. Acquires current assets.3. If needed, these can be converted into cash immediately.4. It has liquidity5. Company needs working capital for operations.⠀⟹ Fixed capital :• Those materials which can be used in production over many years are called FIXED CAPITAL . for EXAMPLE, Tools, machines and buildings range from very simple tools such as a farmer's plough to SOPHISTICATED machines such as generators, turbines, computers, etc.1. Used for long term benefits.2. Acquires non-current assets.3. If needed, these can’t be converted into cash immediately.4. It has no liquidity.5. Company consumes indirectly.⠀