Internship Report
Dhaka University Department of Accounting & Information Systems EMBA Program
Course Code: 5414 (Working Capital Management)
(A FINANCIAL RATIO BASIS APPROACH)
Prepared For: Ms. Rumana Ahmed Lecturer Dept. of Accounting & Information Systems University of Dhaka Prepared By: Tanvir Rahman (11018045) Md. Ehaque Fahad (11018046)
Date of Submission: February 5, 2013
1
Table of Contents
Topic
Page No.
01. Abstract
3
02. Introduction
4
03. Objective of the Report
4
04. Scope of the Report
5
05. Limitations of the Report
5
06. Company Overview (Apex Foods Ltd.)
5
07. Literature Review
6-9
08. Financial Ratio Analysis of Apex Foods Ltd.
9-11
09. Findings and Analysis of Financial Ratios
12-16
10. Conclusion
17
11. Bibliography and Reference
17
12. Annexure
18-20
2
ABSTRACT In the era of 21 st century, the business world is at its zenith with adoption of dynamism and rapid changes in technology. Today no such industry is uncompetitive with the bless ings of open market system and customer oriented business structure. The industries in Bangladesh are of no exception in this regard. Most of the industries in our country are competing with various other industries worldwide. However, to survive in a rattle race of global competition, a business organization under a certain industry has to substantially consider the cost structure and the working capital of it. Working capital management has now become a common issue for every financial manager of an organization to deal with. Whether it is a small scale operation oriented or a large scale, management of working capital is an imperative requirement for every business organization. Without working capital management, a firm might not run properly and/or sometimes might need to terminate its operation and sack out of the market. The basic objective of this report is to link up the theory of working capital management with the
Course Code: 5414 (Working Capital Management)
(A FINANCIAL RATIO BASIS APPROACH)
Prepared For: Ms. Rumana Ahmed Lecturer Dept. of Accounting & Information Systems University of Dhaka Prepared By: Tanvir Rahman (11018045) Md. Ehaque Fahad (11018046)
Date of Submission: February 5, 2013
1
Table of Contents
Topic
Page No.
01. Abstract
3
02. Introduction
4
03. Objective of the Report
4
04. Scope of the Report
5
05. Limitations of the Report
5
06. Company Overview (Apex Foods Ltd.)
5
07. Literature Review
6-9
08. Financial Ratio Analysis of Apex Foods Ltd.
9-11
09. Findings and Analysis of Financial Ratios
12-16
10. Conclusion
17
11. Bibliography and Reference
17
12. Annexure
18-20
2
ABSTRACT In the era of 21 st century, the business world is at its zenith with adoption of dynamism and rapid changes in technology. Today no such industry is uncompetitive with the bless ings of open market system and customer oriented business structure. The industries in Bangladesh are of no exception in this regard. Most of the industries in our country are competing with various other industries worldwide. However, to survive in a rattle race of global competition, a business organization under a certain industry has to substantially consider the cost structure and the working capital of it. Working capital management has now become a common issue for every financial manager of an organization to deal with. Whether it is a small scale operation oriented or a large scale, management of working capital is an imperative requirement for every business organization. Without working capital management, a firm might not run properly and/or sometimes might need to terminate its operation and sack out of the market. The basic objective of this report is to link up the theory of working capital management with the
Bibliography: Ross, Stephen A., - Fundamentals of Corporate Finance. Tata-McGraw Hill, 2088-2009. (8th Edition) Van Horne, James C. and Wachowicz, John M. – Fundamentals of Financial Management. Prentice Hall of India, 2005-2006. (11 th Edition) Annual Report of Apex Food Ltd. (2010-11) Reference http://www.apexfoods.com/ 17 18 Courtesy: Annual Report, Apex Foods Ltd. (2010-11) 19 Courtesy: Annual Report, Apex Foods Ltd. (2010-11) 20