Accountancy, asked by chelseamomin2003, 5 months ago

what is floating capital?(in simple words)

Answers

Answered by mujtabaiisj

2

Answer:

floating capital - noun the portion of capital invested in current assets, as distinct from that invested in fixed assets or capital assets

Explanation:

Answered by adetolalydia

2

Answer:

Floating capital is the amount of funding needed by a business to pay for its immediate operational needs.

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