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Part of the book series: Macmillan Work Out Series ((MCWO))

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Abstract

All firms need finance to stay in business. The finance required may be divided into two categories:

  • fixed capital for purchasing assets such as buildings, vehicles and equipment;

  • working capital for running costs such as wages, materials and rent.

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© 1992 Gerry Gorman

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Gorman, G. (1992). Finance. In: Business Studies A Level. Macmillan Work Out Series. Palgrave, London. https://doi.org/10.1007/978-1-349-13846-3_4

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