APPRAISAL OF WORKING CAPITAL MANAGEMENT IN BREWERY INDUSTRIES ( A CASE STUDY OF GUNNESS PLC LAGOS

0
451

TABLE OF CONTENT
TITLE PAGE
CERTIFICATION
DEDICATION
ACKNOWLEDGEMENT
TABLE OF CONTENT
CHAPTER ONE
1.0. INTRODUCTION
1.1. BACKGROUND OF THE STUDY
1.2. STATEMENT OF THE STUDY
1.3. OBJECTIVE OF THE STUDY
1.4. SIGNIFICANCE OF THE STUDY
1.5. RESEARCH HYPOTHESIS
1.6. SCOPE OF THE STUDY
1.7. LIMITATION OF THE STUDY
1.8. DEFINITION OF OPERATION TERMS
CHAPTER TWO
2.0. LITERATURE REVIEW
2.1. DEFINITION AND IMPORTANCE OF WORKING CAPITAL AND PROFIT
2.2. THE GOALS OF WORKING CAPITAL MANAGEMENT PROFIT
2.3. SOURCES OF WORKING CAPITAL
2.4. ESTABLISHMENT OF THE WORKING CAPITAL POLICY
2.5. AGGRESSIVE ASSETS MANAGEMENT
2.6. CONSERVATIVE ASSETS MANAGEMENT
2.7. AGGRESSIVE LIABILITY MANAGEMENT
2.8. PRINCIPLE OF CURRENT ASSETS AND CURRENT LIABILITY MANAGEMENT
2.9. OPTIMUM INVESTMENT IN CURRENT ASSETS
CHAPTER THREE
3.0. RESEARCH METHODOLOGY
3.1. HISTORICAL BACKGROUND OF THE CASE STUDY
3.2. RESEARCH INVESTMENT
3.3. METHOD OF DATA ANALYSIS
3.4. LIMITATION OF THE STUDY
3.5. METHOD OF DATA COLLECTION
3.6. METHOD OF DATA ANALYSIS
CHAPTER FOUR
4.0. PRESENTATION AND ANALYSIS OF DATA
4.1. DATA PRESENTATION
4.2. DATA ANALYSIS
4.3. FINDINGS
4.4. RATIO/ANALYSIS WORKING CAPITAL
4.5. WORKING CAPITAL CYCLE, THERE DETERMINATION AND EFFECT ON PROFIT
CHAPTER FIVE
5.0. SUMMARY, CONCLUSION AND RECOMMENDATION
6.0. INTRODUCTION
7.0. CONCLUSION
8.0. RECOMMENDATION
9.0. BIBLOGRAPHY

CHAPTER ONE

1.0. INTRODUCTION

1.1. BACKGROUND OF THE STUDY
After the commencement of the business it will soon occur to the enterprenuer that business operation are not an easy as he assumed. As he aim the business he will realize the most of the profit margin (if at all he makes them), which he assumed will be available for further financing of the business may not come forth when some will be tied to account receivable or stock of hirentorius.
It will further down on the enterprenuer that if he meets most of his customers demand expand the scope of the business and increase the profitability of the organization, he will always need the service at credit facilities by surplus.
Problem however will arise for unprepared managers with naïve attitude in respect to working capital will suddenly discover that they are handling and not be able to meet the target profit, hence he might not do anything to keep the business going they will realize that the blood stream of the business i.e working capital has stpped flowing or is not properly flowing and that can lead to the death of the business.
The focus of this research work is to stress the importance of working capital management in any brewing industries due to negligence of the fact, many organization that has sample opportunity to make it big in the economic retarded while others are experiencing severe cut down in profitability.
From the fore mentioned reason, am now making it as a matter of responsibility to look at this subject matter so as to cut down, if not completely eliminated, the problem of working capital management and it’s effects on the profit of a brewing industries and a case study of guiness Nigeria plc lagos.

1.2. STATEMENT OF RESEARCH PROBLEM
The statement of the research problem to be discussed in this research work is listed below:

  1. What are the level of working capital require to meet the liquidity and profitability of the brewing industries?
  2. How can management placement, which generate into management in efficiency in planning and controlling of working capital, could be reduced?
  3. What is the working capital cycle in brewing industries?
  4. What are the working capital determinations and their effect on the profit of brewing industries?
APPRAISAL OF WORKING CAPITAL MANAGEMENT IN BREWERY INDUSTRIES ( A CASE STUDY OF GUNNESS PLC LAGOS