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Define Fixed Capital. - Commerce

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प्रश्न

Define Fixed Capital.

व्याख्या
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उत्तर

Fixed capital refers to the funds invested in long-term assets of a business that are used for production and distribution of goods and services over a long period. These assets are not intended for resale in the ordinary course of business. Fixed capital is required for acquiring fixed assets like land, buildings, machinery, furniture, and equipment.

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पाठ 2: Capital - Fixed and Working - QUESTION BANK [पृष्ठ ४३]

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सी. बी. गुप्ता Commerce Volume 2 [English] Class 12 ISC
पाठ 2 Capital - Fixed and Working
QUESTION BANK | Q 6. | पृष्ठ ४३
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