CHAPTER - I INTRODUCTION 1.1. WORKING CAPITAL MANAGEMENT Working capital may be regarded as life blood of a business. Working capital management is a process of planning and controlling the level and mix of the current assets of the firm as well as financing these assets. A study of working capital is of major importance to internal and external analysis because of its close relationship with the day-to-day operation of a business. Even in a well-established business with a long history
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³WORKING CAPITAL MANAGEMENT OF OIL AND NATURAL GAS CORPORATION (ONGC)´ PROJECT REPORT SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE AWARD OF THE DEGREE OF MASTERS IN MANAGEMENT STUDIES MUMBAI UNIVERSITY Submitted By ANKUR JAIN (MMS- Finance) MET¶s INSTITUTE OF MANAGEMENT MET COMPLEX‚ BANDRA RECLAMATION‚ BANDRA(W) MUMBAI-400050 Page | 1 CONTENTS Student¶s declaration Acknowledgement Executive Summary Company profile Methodology used Concept of working capital Factors
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workers assist clients ‚ families‚ and communities to make changes that will improve their lives or change the conditions and social policies that impact their lives.” (Gartwith ‚ 2017 page 113) Planned change is intentional‚ structured through the four phases of the planned change process: engagement‚ assessment‚ intervention‚ and evaluation. They are based on oriented theories and
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MINIMIZING WORKING CAPITAL Working capital is the key to a successful business. It is like their blood flow and the manager’s job is to help keep it flowing. Under the Generally Accepted Accounting Principles working capital is simply the difference between a company’s Current Assets‚ which are cash‚ inventory‚ accounts receivable and prepaid items‚ and Current Liabilities‚ accounts payable and accrued expenses. Working capital is of major importance to a business because it controls the current
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Effects of Working Capital Management on the Growth of Small and Medium Enterprises in Kenya: A Case of Small and Medium Textile Enterprises in Nairobi Central Business District Waheho E. W Abstract Several Kenyan businesses operate in different business sectors of Small and Medium Enterprises (SMEs) and contribute wealth to Kenyan economy in terms of value creation. For the success of any Kenyan enterprise‚ the financial management of assets is so crucial. Thus‚ this research
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4 Phases of Greek Art * Geometric 900-600 B.C.E * Archaic 600-480 B.C.E * Classical 980-323 B.C.E * Hellenistic 323-31 * Large funerary Vase * Known as Diphlon Vase or Krator * From the geometric era * Made from busted clay * Ceramics were used for storage * It also showed a lot of culture with images * The Greek buried their dead & practiced cremations Bronze Man & Centaur * Human body mixed with a horse like figure * Centaur from lefkand
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INTRODUCTION 1.1 WORKING CAPITAL FINANCE Every Enterprise namely company/firm/individual requires money to meet the day to day business operations‚ for purchasing stocks and for acquiring raw materials for processing and conversion to finished good. Banks provide finance to purchase inventory directly by providing funded limits or by issuing letter of credit or Bank Guarantee. Bank also provides receivables finance to provide liquidity to the customers. 1.2 CREDIT - THE LIFELINE OF BUSINESS Of
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digestive system I am carbohydrates‚ fat‚ and protein. When I am consumed‚ most of me is distributed in your body. However‚ what s not useful is expelled. The digestive system is meant to ingest food through your mouth‚ digest it is by breaking it down‚ ingest it to your bloodstream‚ and lastly excrete it through the anus. In this essay I will guide you through these four phases. Bread is made out of carbohydrates. In the digestive system‚ carbohydrates start the digestive process in the mouth. Salivary
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Chapter 2 Overview of Working Capital Management After studying this chapter‚ you should be able to: Explain the definition of working capital Understand the two fundamental decision issues in working capital management -- and the trade-offs involved in making these decisions. Discuss how to determine the optimal level of current assets. Describe the relationship between profitability‚ liquidity‚ and risk in the management of working capital. Explain how to classify working capital according to its
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Dell’s Working Capital The Case: Dell Computers Corporation has been growing faster than its competitors. It has revolutionized the PC industry by providing customized laptops & notebooks to its customers in a few days at competitive prices. It did so by building computers after it received customer’s orders. This enabled Dell to swiftly roll out new products‚ maintain lower inventory & respond quickly to market needs. It generated more cash due to low cash conversion cycle. Low inventory coupled
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