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WORKING CAPITAL MANAGEMENT IN SELECT COMPANIES IN ENUGU STATE


By


CHIDIMMA AZUKA AC/N2002/317



Presented To


Accountancy Department

πŸ“„ Pages: 39       🧠 Words: 4174       πŸ“š Chapters: 3 πŸ—‚οΈοΈ For: OND PROJECT

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ABSTRACT

Working capital is the ability of a business to meet its short-term liabilities as they fall due to out of its short-term assets.
It is therefore necessary that a company should maintain a well-articulated and consistent management of its working capital.
To facilitate the exposition of this research work for lucid understanding by our readers, this work had been divided into three chapters. In course of the study, it was observed that ANAMCO has adequate working capital to improve efficiency of production. We also found out that ANAMMCO has adequate and good quality capital position, though it has no credit police for its customers.
Based on these, we concluded that ANAMMCO has an effective working capital management. Also some useful suggestions that can further improve the effectiveness of the industryÒ€s working capital management were provided.
The suggestions include the establishment of credit policy and embarking on market strategy organizing of symposium and seminars on working capital management.

TABLE OF CONTENTS
Title page                                    ii
Approval page                                iii
Dedication                                    iv
Acknowledgement                                v
Abstract                                    vii
Table of contents                                vii

CHAPTER ONE
1.0    Introduction                                1

CHAPTER TWO
2.1    Working capital management and overview             6
2.2    Management of cash                        10
2.3    Management of inventories                     15
2.4    Management of debtors                        19
2.5    Management of creditors                        20
2.6    Method of data collection                    21

CHAPTER THREE

3.1    Summary                                 22
3.2    Recommendations                            23
3.3    Conclusion                                25
Bibliography

πŸ“„ Pages: 39       🧠 Words: 4174       πŸ“š Chapters: 3 πŸ—‚οΈοΈ For: OND PROJECT

πŸ‘οΈβ€πŸ—¨οΈοΈοΈ Views: 174      

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πŸ”— Related Topics

ACCOUNTING SYSTEM OF CO-OPERATIVE SOCIETIES IN ENUGU NORTH LOCAL GOVERNMENT AREA FINANCIAL RATIOS AS AN AID TO MANAGEMENT DECISION MAKING WORKING CAPITAL MANAGEMENT AND FIRMS PERFORMANCE: A STUDY OF MANUFACTURING COMPANIES IN NIGERIA THE APPLICATION OF ACCOUNTING PRINCIPLES IN SOME SELECTED INSURANCE COMPANIES EFFECTIVE WORKING CAPITAL MANAGEMENT IN PAINT INDUSTRIES INVESTORS PERCEPTION OF PUBLISHED FINANCIAL STATEMENT MANAGEMENT ACCOUNTING TECHNIQUES IN MANUFACTURING INDUSTRIES INSPECTION AS AN EFFECTIVE BANK MANAGEMENT THE NEED FOR AUDITING AND INVESTIGATION IN SMALL SCALE BUSINESS ORGANIZATION WITH PARTICULAR REFERENCE TO PENTAGON SHOPPING CENTER ENUGU THE EFFECT OF FINANCIAL ACCOUNTING REPORTING ON THE MANAGEMENT OF BUSINESS THE ROLE OF CORPORATE FINANCE MANAGEMENT IN THE POLICY MAKING DECISIONS OF A CORPORATE BODY INTERNAL AUDIT AS INSTRUMENT FOR MANAGEMENT CONTROL A PROBLEMS OF PERSONAL INCOME TAX COLLECTION AND MANAGEMENT IN NIGERIA MANAGEMENT ACCOUNTING AS A TOOL IN DECISION MAKING PROBLEMS OF REVENUE GENERATION IN ENUGU - SOUTH LOCAL GOVERNMENT SYSTEM FINANCIAL STATEMENT ANALYSIS AS A BANK LENDING TOOL THE EFFECTIVENESS OF INTERNAL CONTROL SYSTEM AND IT’S IMPACT ON THE ACTIVITIES OF PRIVATE LIMITED COMPANIES THE PROBLEMS AND PROSPECTS OF DEBT MANAGEMENT IN NIGERIAN FINANCE INSTITUTIONS THE EFFECTS OF MANAGEMENT OF ACCOUNTS RECEIVABLES ON THE PERFORMANCE OF PUBLIC CORPORATIONS ADEQUACY OR INADEQUACY OF WORKING CAPITAL: ITS IMPORTANCE AND IMPLICATION

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