There are several types of capital in economics and business. Some contribute directly and are used to produce goods and services. Meanwhile, others contribute indirectly. And, here, we discuss four of them:Physical capitalFinancial capitalHuman
Capital
What is Capital in Economics as a Factor of Production
What's it: In a broad definition, based on Lexico.com, capital refers to wealth owned by individuals or companies and available or contributed for a specific purpose such as starting a company or investing. It can be money or other assets,
Return on Invested Capital (ROIC): Calculation and Interpretation
What's it: Return on invested capital (ROIC) is a profitability ratio to measure how much profit is generated for every dollar invested in the company. We calculate it by dividing net income by the total invested capital, expressed as