REPORT ON ACCOUNT RECEIVABLE MANAGEMENT TATA STEEL Prepared by www.AssignmentPoint.com Date: 21-05-202 EXECUTIVE SUMMARY The project deals in “account receivable management at Tata Steel”. Receivable management is one of the most important aspects of the organization‚ as it deals with the management of the outstanding. The profit of the company mainly depends on the accounts receivables. Therefore it needs a careful analysis and proper management. Debtors occupy an important
Premium Steel Steelmaking Pig iron
INTRODUCTION: BEAUTY CARE INDUSTRY IN INDIA tC Traditionally‚ beauty care products in India had been limited to herbs and homemade products. Only soaps‚ hair oil‚ shampoos‚ and talcum powder from the organized industry had been able to penetrate the Indian market. However‚ with a steady increase in the awareness of hygiene and personal grooming across urban and rural India‚ several beauty and personal care categories gained
Premium Cosmetics
automotive business. These objectives were supported by the company’s formal hedging policy. The company however did not have a substantial competitive exposure hedging policy in place. Over the last year (2001 in case study) GM was trying to properly evaluate the risk to the substantial yen denominated assets it held. The value of the yen relative to the dollar was decreasing and GM had considerable exposure to this. In conjunction with this depreciation affecting the unit sales‚ GM has a significant
Premium Japan General Motors Investment
WTO GENESIS The General Agreement on Trade and Tariff (GATT) came into existence in 1947 It sought substantial reduction in tariff and other barriers to trade and to eliminate discriminatory treatment in international commerce. India became a signatory to GATT in 1947 along with twenty two other countries Reasons for GATT to be carved into WTO GATT faced many problems‚ with the world trade becoming more and more complex‚ GATT was unable to deal with it. Eg. In the agriculture
Premium International trade World Trade Organization General Agreement on Tariffs and Trade
demand‚ which could in practice differ considerably from actual demand‚ leading to unnecessary costs or unsatisfactory customer service. In many organizations‚ capacity planning and control is concerned largely with coping with seasonal demand fluctuations. Almost all products and services have some demand seasonality and some also have supply seasonality‚ usually where the inputs are seasonal
Premium Planning Management Forecasting
chapter 1 accounting information systems: An overview Suggested Answers to Discussion Questions 1.1 The value of information is the difference between the benefits realized from using that information and the costs of producing it. Would you‚ or any organization‚ ever produce information if its expected costs exceeded its benefits? If so‚ provide some examples. If not‚ why not? Most organizations produce information only if its value exceeds its cost. However‚ there are two situations
Premium Accounts receivable Mobile phone Balance sheet
EXECUTIVE SUMMARY This case shows us that apart from transaction‚ translation and economic exposure to currency risk‚ firms also have the very real strategic impact on their competitive position from competitive exposure. Apart from GM’s exposure to the yen which is reflected in their financial statements‚ their competitive position vis-à-vis Japanese manufacturers is affected by a potentially declining yen. This is because a declining yen reduces the Japanese manufacturers’ $ cost‚ enabling
Premium Cost Currency Japan
Impact of 100 % FDI in Retail Sector on Indian Market and Consumers ABSTRECT:- Foreign Direct Investment- “FDI is an investment which has involves the investment of foreign funds into enterprises that operates in a different country of origin from the investor”. The Indian government’s department of industrial policy and promotion has passed a proposal to allow up to 51% FDI in multi-brand retail and 100% in single brand retail. It is a measure of foreign ownership of domestic productive assets
Premium Retailing Shopping mall
Accounts Receivable Turnover = Net Sales/Average Net Account Receivables Accounts receivable turnover ratio measures the effectiveness of a company in extending credit and collecting debts. It is an activity ratio that measures how efficiently a firm uses its assets. Year ABC DEF GHI Industry Average 2012 31‚ 053/988 = 31.43 16‚842/1‚282.5 = 13.13 5‚160/618 = 8.35 17.64 2013 32‚722/1‚042 = 31.4 18‚657/937 = 19.91 5‚858/494 = 11.86 21.06 In this table you see the accounts receivable turnovers from
Premium Accounts receivable
The Impact of Buddhism on Indian society It has been said that Buddhism came as a reaction to the corruption of the Vedic ideals that were governing the Indian society. The Vedic ideals which were governing society till then had become conventional and lost their inner force. As we have seen in the earlier chapter‚ the caste system had a high and noble goal; but now it tended to become hereditary‚ rigid and inelastic. At the same time the teachings of the Vedic Rishis were being applied in a
Free Buddhism Hinduism