Question

Define floating capital

Answer 1

Answer:

Floating capital is the amount of funding needed by a business to pay for its immediate operational needs. At a general level, floating capital is working capital, which focuses on the current assets of a business, minus its current liabilities.

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Answer 2

Floating Capital means capital not presently invested or committed. It is that part of capital that is invested in current assets of the organisation. It is used for the purpose of meeting current expenditure.

It includes raw materials, intermediate goods, inventories and operating expenses.