WORKING CAPITAL MANAGEMENT IN AUTOMOBILE INDUSTRY
ABSTRACT
Working capital is the ability of a business to meet its short-term liabilities as the full due out of its short-term assets. It is therefore necessary that an industry should always maintain a well-articulated and consistent management of its working capital. To facilitate the exposition of this research work for a clear understanding by our readers, this work had been divided into three chapters. In course of the study hypothesis were development, it was observed that automobile industry had adequate working capital to improve efficiency of its production we observed that automobile industry had adequate and good quality capital position though it has no credit policy for its customers. Based on these we concluded that, automobile industry has effective working capital management. Also we provided some useful suggestions that can further improve the effectiveness of the industry’s working capital management. The suggestions include the establishment of credit policy and embarking on marketing strategy organizing of symposium and seminars on working capital management.
TABLE OF CONTENTS
Chapter One:
- Introduction
1.1Â Â Â Â Â Â Background of the Study
- Statement of the Problem
- Purpose of the Study
- Significance of the Study
Chapter Two:
- Review of Related Literature
- Working Capital Management an Overview
- Management of Cash
- Management of Inventories
- Management of Debtors
- Management of Creditors
- Method of Data Collected
Chapter Three:
- Design and Methodology
- Sources of Data
- Location of Data
