An Analysis on Cash Management at Standard Polymers

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AN ANALYSIS ON CASH MANAGEMENT AT STANDARD POLYMERS, PUDUCHERRY

SUMMER PROJECT REPORT

Submitted by
R.ANAND BABU
REGISTER NO: 27348302

Under the Guidance of

Mrs. R. HEMALATHA, MBA.
Faculty, Department of management studies

in partial fulfilment for the award of the degree
of
MASTER OF BUSINESS ADMINISTRATION
DEPARTMENT OF MANAGEMENT STUDIES
SRI MANAKULA VINAYAGAR ENGINEERING COLLEGE
PONDICHERRY UNIVERSITY
PUDUCHERRY
SEPTEMBER- 2007

SRI MANAKULA VINAYAGAR ENGINEERING COLLEGE
MADAGADIPET, PUDUCHERRY

DEPARTMENT OF MANAGEMENT STUDIES

BONAFIDE CERTIFICATE

This to certify that the project work entitled “AN ANALYSIS ON CASH MANAGEMENT AT STANDARD POLYMERS, PUDUCHERRY” is a bonafide work done by R.ANAND BABU [ REGISTER NO: 27348302 ] in partial fulfilment of the requirement for the award of Master of Business Administration by Pondicherry University during the academic year 2007 – 2008.

GUIDE HEAD OF DEPARTMENT

Submitted for Viva-Voce Examination held on

EXTERNAL EXAMINER

ACKNOWLEDGEMENT

First and foremost, I am very thankful to the lord almighty for having best owned upon his grace, without which I would not have got the strength to complete my project.

I take this opportunity to express my deep sense of gratitude to SHRI.N.KESAVAN, Founder Chairman, SHRI.M.DHANASEKARAN, Managing Director and SHRI.S.V.SUGUMARAN, Vice-Chairman of our college for their good wishes for this project.

I express my immense gratitude to our Principal DR.V.S.K.VENKATACHALAPATHY for his support and encouragement for the completion of my project.

I express my deepest gratitude to Mr. JAYAKUMAR, M.E., M.B.A., MISTE Professor and Head of the Department of Management Studies, Sri Manakula Vinayagar Engineering College, for his support, encouragement and enthusiasm through out the project.

The valuable and unflinching requital support in this Endeavor Mrs.R.HEMALATHA, M.B.A., my internal guide whose assistance was immeasurable to the completion of this project.

I express my gratitude and respect to all the staff members of STANDARD POLYMERS, especially my project guide MR. NATARAJAN, Deputy Finance Manager, for his constant guidance and support that helped me to complete my project successfully.

I take immense pleasure to thank all inspiring spirits behind the success of the project.

ABSTRACT

The need for Cash to run the day-to-day business activities cannot be overemphasized. One can hardly find a business firm, which does not require any amount of Cash. Indeed, firms differ in their requirements of the Cash.

A firm should aim at maximizing the wealth of its shareholders. In its endeavor to do so, a firm should earn sufficient return from its operation. Earning a steady amount of profit requires successful sales activity. The firm has to invest enough funds in current asset for generating sales. Current asset are needed because sales do not convert into cash instantaneously. There is always an operating cycle involved in the conversion of sales into cash.

The objectives are to analyze the Cash management and to determine efficiency in cash, inventories, debtors and creditors. Further, to understand the liquidity and profitability position of the firm. These objectives are achieved by using ratio analysis and then arriving at conclusions, which are important to understand the efficiency / inefficiency of Cash.

It was noticed in the study that the company had utilized its Cash efficiently and can also try to get more effective values by working on it. The cash required to meet out the current liabilities is maintained at a normal level that shows the company follows an average policy.

LIST OF TABLES

Table No. Name of the Table...
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