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WORKING CAPITAL MANAGEMENT IN SELECT COMPANIES IN ENUGU STATE


By


CHIDIMMA AZUKA AC/N2002/317



Presented To


Accountancy Department

πŸ“„ Pages: 39       🧠 Words: 4174       πŸ“š Chapters: 3 πŸ—‚οΈοΈ For: OND PROJECT

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ABSTRACT

Working capital is the ability of a business to meet its short-term liabilities as they fall due to out of its short-term assets.
It is therefore necessary that a company should maintain a well-articulated and consistent management of its working capital.
To facilitate the exposition of this research work for lucid understanding by our readers, this work had been divided into three chapters. In course of the study, it was observed that ANAMCO has adequate working capital to improve efficiency of production. We also found out that ANAMMCO has adequate and good quality capital position, though it has no credit police for its customers.
Based on these, we concluded that ANAMMCO has an effective working capital management. Also some useful suggestions that can further improve the effectiveness of the industryÒ€s working capital management were provided.
The suggestions include the establishment of credit policy and embarking on market strategy organizing of symposium and seminars on working capital management.

TABLE OF CONTENTS
Title page                                    ii
Approval page                                iii
Dedication                                    iv
Acknowledgement                                v
Abstract                                    vii
Table of contents                                vii

CHAPTER ONE
1.0    Introduction                                1

CHAPTER TWO
2.1    Working capital management and overview             6
2.2    Management of cash                        10
2.3    Management of inventories                     15
2.4    Management of debtors                        19
2.5    Management of creditors                        20
2.6    Method of data collection                    21

CHAPTER THREE

3.1    Summary                                 22
3.2    Recommendations                            23
3.3    Conclusion                                25
Bibliography

πŸ“„ Pages: 39       🧠 Words: 4174       πŸ“š Chapters: 3 πŸ—‚οΈοΈ For: OND PROJECT

πŸ‘οΈβ€πŸ—¨οΈοΈοΈ Views: 298      

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πŸ”— Related Topics

Importance of capital budget in an economy THE PROBLEMS OF PERSONAL INCOME TAX, COLLECTION AND MANAGEMENT IN ENUGU STATE THE OBJECTIVES OF FINANCIAL STATEMENTS AND THERE USEFULNESS TO THE GENERAL USER GROUPS MANAGEMENT ACCOUNTING TECHNIQUES IN MANUFACTURING INDUSTRIES EFFICIENT AUDIT OF FINAL ACCOUNTS AND THE FORMATION OF AUDITOR OPINION A SURVEY OF SELECTED AUDIT FIRM FRED OKONTA CO THE USE OF AN INTERNAL AUDIT AS AN AID TO MANAGEMENT CONTROL THE USE OF FINANCIAL ACCOUNTING INFORMATION SYSTEM FOR MANAGEMENT DECISION MAKING LEASING AS A MAJOR FINANCING DEVICE FOR SMALL SCALE INDUSTRIES IN ENUGU URBAN THE EFFECT OF INVENTORY MANAGEMENT IN THE VIABILITY OF A COMPANY MANAGEMENT BASED NATIONAL HOUSING FUND SCHEME FINANCIAL RATIOS AS AN AID TO MANAGEMENT DECISION MAKING THE IMPACT OF AUDIT REPORT ON THE USERS OF FINANCIAL STATEMENT: A CASE STUDY OF FIRST BANK OF NIGERIA PLC FINANCIAL STATEMENT ANALYSIS AS A BANK LENDING TOOL THE USEFULNESS OF FINANCIAL STATEMENT IN ASSUASIVE THE PERFORMANCE COMPANIES AND IN GUIDING INVESTMENT DECISIONS EFFECT OF MANAGEMENT OF FINANCIAL INSTITUTION IN NIGERIA PROBLEMS OF PERSONAL INCOME TAX GENERATION AND ADMINISTRATION IN ENUGU STATE THE EFFECT OF FINANCIAL ACCOUNTING REPORTING ON THE MANAGEMENT OF BUSINESS PROBLEMS OF REVENUE GENERATION IN ENUGU - SOUTH LOCAL GOVERNMENT SYSTEM THE CAPITAL MARKET AND IT'S IMPACT ON THE NIGERIA ECONOMY WITH PARTICULAR EMPHASIS ON THE STOCK EXCHANGE THE NEED FOR EFFECTIVE AND EFFICIENT INVENTORY MANAGEMENT IN A MANUFACTURING COMPANY

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