Is capital basically Any person or thing that helps contribute to money production for a company/person? Isn’t that synonymous with an asset?
- Anonymous1 month agoFavourite answer
"Is capital basically Any person or thing"
No. People are not capital. Not all financial assets are capital either (such as pension funds).
"Isn’t that synonymous with an asset?"
No. Not all assets are considered capital assets such as inventory purchased for resale.