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Answer in one sentence. What is fixed capital? - Secretarial Practice

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Question

Answer in one sentence.

What is fixed capital?

One Line Answer
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Solution

Fixed capital is that portion of capital which is invested in fixed assets such as land, building, furniture, etc.

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Capital Requirements
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Chapter 1: Introduction To Corporate Finance - Exercises [Page 12]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 1 Introduction To Corporate Finance
Exercises | Q 1. H) 2. | Page 12

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