2007-04-11 09:08:56 · 5 answers · asked by Anonymous in Business & Finance ➔ Corporations
Boat
2007-04-11 09:11:59 · answer #1 · answered by the Boss 7 · 1⤊ 0⤋
Floating Assets are also know as current assets
Cash and convertible assets: available cash and other assets that could be converted to cash within a year are examples floating assets
2007-04-15 00:13:09 · answer #2 · answered by Wendy 1 · 0⤊ 0⤋
Generally, "floating assets" refer to those that have not been permanently placed and are available for reallocation. For example, "floating capital" means funds that are readily available to satisfy current expenses and are not tied to long term investments such as real estate.
Hope that helps!
2007-04-11 09:27:05 · answer #3 · answered by Anonymous · 1⤊ 0⤋
Jerry J sounds like he knows what he's talking about,, but I'm sticking with The Boss,, boat
2007-04-11 09:30:46 · answer #4 · answered by Jeff 3 · 1⤊ 0⤋
Go throw some money in the toilet and you will find out.
2007-04-11 09:11:59 · answer #5 · answered by jeffwilliams1979 2 · 0⤊ 0⤋