The total value of fixed and current assets is?

The total value of fixed and current assets is referred to as "capital employed." This represents the total amount of capital that a business has invested in its assets in order to generate revenue. Fixed assets include items like buildings and equipment that are used in the long-term operation of the business, while current assets include items like inventory and accounts receivable that are expected to be converted into cash within a year. By adding these two types of assets together, we get the total amount of capital that the business has employed in its operations.