wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

What is fixed capital? Explain with examples.

Open in App
Solution

Fixed capital are assets of a business that are permanent in nature and are not intended to be disposed of by a business. These assets include land, buildings, plant, machinery, fixed equipment, furniture, fixtures, vehicles, livestock, etc. which are held and used by a business to directly or indirectly generate revenue.


flag
Suggest Corrections
thumbs-up
156
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Financial Market
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon