Saturday, June 2, 2012

What is Fixed capital? Definition, Meaning and Examples

Definition of Fixed Capital
In general, the definition of fixed capital can be stated as under.“Fixed capital is a compulsory initial investment made by the entrepreneur to start up the activities of his business.”Fixed capital is a mandatory one-time investment made at the introductory phase of a business establishment.Fixed capital is not alike working capital, which is required on a

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