Saturday, October 6, 2012

Explain Role or Importance of Fixed Capital

Explain Role or Importance of Fixed Capital
Following diagram briefly explain the main role or importance of fixed capital.The main role or importance of fixed capital is listed in following eight points:Fixed capital is required to buy fixed assets for the company.
It is needed to meet various promotionl expenses of a company.
It aids a company to modernise by easing the process of purchasing

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