Assets of a business which cannot easily be changed into cash are known as

Assets of a business that cannot easily be changed into cash are known as fixed capital. Fixed capital includes assets such as land, buildings, machinery, and equipment, which are used in the production process and have a long-term use. These assets are considered long-term investments and are not intended to be sold or converted into cash in the short term. In contrast, floating capital or working capital refers to the current assets of a business that can be converted into cash within a short period of time, such as inventory, accounts receivable, and cash in hand. Paid-up capital is the amount of capital that has been paid by shareholders in exchange for shares in the company, and current capital is not a commonly used term in accounting or finance.