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Question
Write a word or a term or a phrase which can substitute the following statement.
Capital needed to acquire fixed assets which are used for longer period of time.
Solution
Capital needed to acquire fixed assets which are used for longer period of time. - Fixed Capital
RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
______ refers to any kind of fixed asset.
Select the correct answer from the options given below and rewrite the statement.
The sum of all ______ is gross working capital.
Write a word or a term or a phrase which can substitute the following statement.
The sum of current assets.
Write a word or a term or a phrase which can substitute the following statement.
The process of converting raw material into finished goods.
Complete the sentence.
The process of converting raw material into finished goods is called ______
Explain the following term/concept.
Working capital
State any four factors affecting fixed capital requirement.
Justify the following statement.
There are various factors affecting the requirement of fixed capital.
Justify the following statement.
Fixed capital stays in the business almost permanently.
Fixed capital is also referred as circulating capital.
Explain the following term/concept:
Production Cycle
Explain the following term/concept in detail:
Overhead
Justify the following statement.
The nature of business affects the working capital requirement.
Distinguish between Fixed Capital and Working Capital.
Distinguish between the following.
Fixed Capital and Working Capital.
Liberal credit policy creates a problem of bad debts.
Liberal credit policy creates a problem of bad debts.
Explain the following term/concept:
Fixed capital
Liberal credit policy creates a problem of bad debts.