MANAGEMENT

Detailed explanation-1: -Long-term assets (also called fixed or capital assets) are those a business can expect to use, replace and/or convert to cash beyond the normal operating cycle of at least 12 months. Often they are used for years. This distinguishes them from current assets, which companies typically expend within 12 months.

Detailed explanation-2: -Fixed capital are assets of a business that are permanent in nature and are not intended to be disposed of by a business. These assets include land, buildings, plant, machinery, fixed equipment, furniture, fixtures, vehicles, livestock, etc.

Detailed explanation-3: -Fixed assets are noncurrent assets that a company uses in its production of goods and services that have a life of more than one year. Fixed assets are recorded on the balance sheet and listed as property, plant, and equipment (PP&E).

Detailed explanation-4: -Fixed Capital. Fixed capital is the amount of investment done by a company in its long-term assets, as known as fixed assets.