distinguish between fixed capital and working capital “point wise” for (3 marks)
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•Investing capital in the long term assets of an enterprise.
Working capital is the capital invested in the current assets of an enterprise.
•Fixed capital is Used to acquire non-current assets for the company.
Working capital is Used to acquire current assets for the company.
•Fixed capital is not at all liquid.
Working capital is highly liquid.
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Explanation:
>>> Fixed Capital :-
>>> Working Capital :-
.