explain the difference between fixed and working capital ( around 5 points each).
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explain the difference between fixed and working capital ( around 5 points each).
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Answer:
Fixed capital is definedas the part of the totalcapital of the enterprise which is invested in long-term assets.Working Capital refers to the capital, which is used to perform day to day business operations. ... On the other hand, Working capital comprises of short-term assets and liabilities of the business.