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WORKING CAPITAL MANAGEMENT IN SELECT COMPANIES IN ENUGU STATE


By


CHIDIMMA AZUKA AC/N2002/317



Presented To


Accountancy Department

๐Ÿ“„ Pages: 39       ๐Ÿง  Words: 4174       ๐Ÿ“š Chapters: 3 ๐Ÿ—‚๏ธ๏ธ 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 industryรขโ‚ฌs 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

๐Ÿ“„ Pages: 39       ๐Ÿง  Words: 4174       ๐Ÿ“š Chapters: 3 ๐Ÿ—‚๏ธ๏ธ For: OND PROJECT

๐Ÿ‘๏ธโ€๐Ÿ—จ๏ธ๏ธ๏ธ Views: 333      

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๐Ÿ”— Related Topics

INTERNAL AUDIT AS A TOOL FOR MANAGEMENT CONTROL THE APPLICATION OF ACCOUNTING PRINCIPLES IN SOME SELECTED INSURANCE COMPANIES AN INVESTIGATION INTO THE STUDENT HOSTEL ACCOMMODATION PROBLEM IN THE INSTITUTE OF MANAGEMENT AND TECHNOLOGY (I.M.T) ENUGU THE ACCOUNTANT, THE FINANCIAL MANAGER AND THE TAX OFFICIALS CONCEPTION OF DEPRECIATION AND CAPITAL ALLOWANCES IN BUSINESS OPERATION FINANCIAL STATEMENT ANALYSIS AS A BANK LENDING TOOL FINANCIAL RATIOS AS AN AID TO MANAGEMENT DECISION MAKING THE ACCOUNTING SYSTEM AND METHOD OF INTERNAL CONTROL IN LOCAL GOVERNMENT OF ENUGU SOUTH FINDINGS OF FEDERAL PARASTATALS IN ENUGU STATE MARGINAL COSTING TECHNIQUE AS A TOOL FOR MANAGEMENT DECISION MAKING WORKING CAPITAL MANAGEMENT AND FIRMS PERFORMANCE: A STUDY OF MANUFACTURING COMPANIES IN NIGERIA AN EXAMINATION OF THE PROBLEMS OF PERSONAL INCOME TAX MANAGEMENT IN ENUGU STATE THE IMPACT OF TAXATION AS AN AID TO ECONOMIC DEVELOPMENT IN ANAMBRA STATE FINANCIAL STATEMENT ANALYSIS AS A BANK LENDING TOOLS CAPITAL MARKET IN NIGERIAN'S ECONOMIC DEVELOPMENT CASH MANAGEMENT IN MANUFACTURING ORGANIZATION THE APPLICATION OF ACCOUNTING PRINCIPLES IN INSURANCE COMPANIES EFFECTIVE APPLICATION OF BREAK-EVEN ANALYSIS IN MANAGEMENTS FIRMS IMPACT OF SUPERVISION ON EFFECTIVE BANK MANAGEMENT THE AUDIT DEPARTMENT AND ACCOUNTABILITY IN THE MINISTRY OF FINANCE ENUGU STATE THE PROBLEM OF WORKING CAPITAL MANAGEMENT IN THE MANUFACTURING INDUSTRIES IN NIGERIA

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