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State two differences between fixed and working capital. |
Answer» Answer: Fixed capital is used at a place and are not CHANGED frequently and last longer. Like machineries. Working capital is just its opposite Ex. Money, labourers, ETC. . More accurately----- The primary difference between fixed capital and working capital is that Fixed Capital is the capital which is invested by the company in PROCURING the fixed assets required for the working of the business whereas working capital is the capital which is required by the company for the purpose of financing its DAY to ... |
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