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Question : It is meant for making permanent or long term needs of the business. Which concept is highlighted in the given statement?

Option 1: Fixed capital

Option 2: Working capital

Option 3: Capital structure

Option 4: None of the above

 


Team Careers360 23rd Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer: Fixed capital


Solution : Fixed capital is the money invested in fixed assets which is to be used over a long period of time. Fixed capital is made for meeting permanent or long term needs of the business.

Hence, option A is correct.

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