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Cash Crops of Pakistan
Final project

WORKING MANAGEMENT CAPITAL OF TEXTILE INDUSTRIES OF PAKISTAN

THE UNIVERSITY OF LAHORE

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Submitted by:

Muhammad Asim

Malik Adil Rehman

Imran

Rabia Riaz

Submitted to:-

Sir Kashif Mushtaq

In partial fulfillment of the requirement for the Degree of MBA

[pic]

Project Supervisor

Sir Kashif Mushtaq

_________________

Examiner-I

Mr. Abdul Gafoor __________________

Examiner-II

Mr. Junaid Khalid __________________

Abstract

Working capital management is important part in firm financial management decision. Improper management of Working capital, that is, too much or too low working capital may suffer firms, so an optimum level of working capital is the key to a smooth inflow of profit. In this paper we investigate the relationship between profitability and working capital management. We used a sample of 08 textile companies for the period of 2001-2005. The results of our research showed that there is great significance of working capital management with profitability, measured through using ratio analysis. Moreover managers can create profits for their companies by handling correctly Working capital, fixed assets’ cost, Cost of production, cost of debt (interest expense), and size (capital) of the firm .

Acknowledgment

All gratitude and thanks to almighty “ALLAH” the gracious, the most merciful and beneficent who gave me courage to undertake and complete this task.

I want to express my sincere gratitude for all the efforts taken during this research work by Mr. Kashif Mushtaq for his continuous support, encouraging, & motivation and valuable suggestions and guidance made this work possible
Words are very few to express enormous humble obligations to my affectionate Parents for their prayers and strong determination to enabling me to achieve this job.

Table of contents

A. Chapter-I

1.


Bibliography: - 1. http://www.bizresearchpapers.com/Paper%2019.pdf 2. http://www.google.com.pk/url?sa=t&rct=j&q=research%20papers%20on%2 0working%20capital%20management%20of%20textile%20industry%20in% 20pakistan&source=web&cd=1&ved=0CF0QFjAA&url=http%3A%2F%2F www.journal-archieves13.webs.com%2F1092-1105.pdf&ei=H- O9T7G7CrLc4QTz6bA9&usg=AFQjCNF7SlNTcZayqNyzWApDaRJast34 Yg&cad=rja 3. http://www.google.com.pk/url?sa=t&rct=j&q=research%20papers%20on%2 0working%20capital%20management%20of%20textile%20industry%20in% 20pakistan&source=web&cd=2&ved=0CF8QFjAB&url=http%3A%2F%2F 121.52.153.179%2FJOURNAL%2FLJE%2520Vol%252016- 2%2520%2823-12- 11%29%2520pdf%2F06%2520Shahid%2520Ali%2520ED%2520ttc%2520 221211.pdf&ei=H- O9T7G7CrLc4QTz6bA9&usg=AFQjCNERlQgL7RrZK697YX_yXJA8cAf Dvw&cad=rja 4. http://www.google.com.pk/url?sa=t&rct=j&q=research%20papers%20on%2 0working%20capital%20management%20of%20textile%20industry%20in% 20pakistan&source=web&cd=14&ved=0CE8QFjADOAo&url=http%3A%2 F%2F www.icibm.ucp.edu.pk%2Fdownload%2FAbsract%28ICIBM- 2011%29.pdf&ei=iOO9T6SdEpTP4QSSg91R&usg=AFQjCNH7JeiaCR3G Ka2vYCtFMmMBnnC-RQ&cad=rja
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