0
When writing or speaking about capital you need to be specific about the type of capital. You might refer to political, human or social capital. Or the capital of a state or country. In this case, fiscal capital refers to an economic measure that is any form of wealth capable of being employed in the production of more wealth. So, what is wealth? In economics and business, the wealth of a person or nation is the value of assets owned net of liabilities owed (to foreigners in the case of a nation) at a point in time. I'll let you continue your economics vocabulary education and look those words up for more details.
If you look at a balance sheet for a company the bottom line tells you the fiscal capital or wealth of the company. Your check book balance is your fiscal capital.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
What are fiscal assets?
Fiscal assets are the capital revenue for the formulated budget.
Fiscal and monetary policies under managed floating exchange rate regime?
Fiscal and monetary policies under managed floating exchange rate regimes?
Fiscal policy tools impact?
fiscal policy tolls impact the sweet smell of grren vagina in the morning under the tuscan sun.
Whether fiscal deficit is always bad?
Fiscal deficit is not always bad.... deficit arises from two parts - capital deficit and revenue deficit. now revenue deficit is obviously bad for economy stating that we are not able to pull money sufficient to meet our revenue and there is no asset creation. on the other hand if major fiscal deficit is coming from capital deficit its not all that a bad news. after all asset creation is taking place. n such moves are welcome.
What is fiscal consolidation?
Fiscal consolidation is a policy aiming at reducing fiscal deficit of government .
What are fiscal assets?
Fiscal assets are the capital revenue for the formulated budget.
Fiscal and non fiscal barriers in international marketing?
Fiscal barriers include not having enough money or capital to begin. Non fiscal barriers include consumers not being interested I your ideas or products.
Why net profit added in capital?
Net profit of current fiscal year added in capital because it is part of owners capital because owners have invested capital to earn profit.
Explain the difference between capital and revenue items of expenditure and income?
Capital expenditure are those the benefits of which will be taken for more than one fiscal year while for revenue expenditure benefits are only for one fiscal year.
Fiscal and monetary policies under managed floating exchange rate regime?
Fiscal and monetary policies under managed floating exchange rate regimes?
What capital expenditure mean?
Capital expenditures are those expenditures which will provide benefits to the business for more than one fiscal year.
What do the balances of temporary accounts show?
changes in the owners capital for a single fiscal period
How can the success or failure of capital of culture be measured?
success of capital cultures can be measured by how many times people do things wrong but in the end they do them right
What is the optimum working capital?
Optimum working capital is that point where working capital is neither short from requirements nor excess working capital available at any time during fiscal year.
Does profit add to capital?
Profit is earned by the business in fiscal year and it is part of capital of the owner that's why it increases the capital of business because owners invest money to earn profit so it is shown in capital portion of balance sheet as an addition to capital.
Why are closing entries necessary to a business?
at the end of a fiscal year it is most desirable to have the capital account
Fiscal policy tools impact?
fiscal policy tolls impact the sweet smell of grren vagina in the morning under the tuscan sun.
