Fixed capital is also referred as circulating capital.
Q.1 (D) (3) Fixed capital is also referred as circulating capital.
Q.1 (D) (3) Fixed capital is also referred as circulating capital.
Best answer
Answer: False
Fixed capital is invested in fixed assets for the long term and is also called block capital. It is working capital that is called circulating capital because it keeps circulating from cash to stock to debtors and back to cash.
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