Need And Importance Of Working Capital Working capital is the life blood and nerve center of business. Working capital is very essential to maintain smooth running of a business. No business can run successfully without an adequate amount of working capital. The main advantages or importance of working capital are as follows: 1. Strengthen The Solvency Working capital helps to operate the business smoothly without any financial problem for making the payment of short-term liabilities. Purchase
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Effective Working Capital Management in Small and Medium Scale Enterprises (SMEs) Kehinde James Sunday Dept of Accounting and Finance‚ Lagos State University Ojo‚ Nigeria E-mail: pastorkehindebox@yahoo.com Received: November 15‚ 2010 Accepted: August 10‚ 2011 doi:10.5539/ijbm.v6n9p271 Abstract The need to main effective working capital management within Small and Medium Scale Enterprises (SMEs) remain pivotal to solvency and liquidity of SMES. Most SMES do not care about their working capital position
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Argumentative Essay WORKING MOTHERS These days there are a lot of women working outside the house‚ which can affect many people positively or negatively. The Australian feminist Germaine Greer said in one of her interviews‚ “Most women still need a room of their own‚ and the only way to find it may be outside their own homes.” The working mother can affect the family in positive way‚ where her children learn how to be independent‚ help in raising the income‚ and she can make her personal
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Management Of Working Capital Introduction Working Capital-Definition Working Capital is the cash needed to pay for the day to day operation of the business. Along with long term investments ‚ business also needs funds for short-term purposes to finance current operations. Investment in short term assets like cash‚ inventories‚ debtors etc.‚ is called ‘Short-term Funds’ or ‘Working Capital’. Hence‚ the management of Working Capital is very important
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WORKING CAPITAL MANAGEMENT: Investment Decisions for Current Assets Compiled by Dr D. M. L. Kasilo (MBA‚ CPA‚ PhD) 1 Working Capital: What is it? 1.1 Introduction As a matter of principal‚ any understanding of financial management theories and best practices depends much on ones understanding of the balance sheet model. Figure 1‚ is adopted to facilitate discussions on working capital management practices. Figure 1:The Balance Sheet Model? Financial
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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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Scenario - 01 The Indian Institute of Science (IISC) has requirement of Assistant Professor for next coming Year. The details can be got on site https://sites.google.com/site/newfacultyiisc/recruitment. You are part of the Recruitment team so recommend the Recruitment Procedure to be followed to guide the other members of the Team and for documentation purpose. You need to select two Resumes from the any job portals or website and analyze which of these is suitable candidate for the job with logical
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AN ACCIDENT Accidents are very common in big cities as there are many modes of transport and roads are narrow and crowded. Every day we come across news about such accidents that claim lives and cause casualties. Sadly‚ driver error remains the most common cause of road accidents; such as Speeding‚ Drink Driving‚ Seat Belt Wearing‚ Careless Driving‚ At-work‚ Inexperience‚ Failed to Look Properly‚ Loss of Control‚ Failed to Judge Other Person ’s Path/Speed. I was a witness to one. Once‚ I and my
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amazing author and writes about her experience of working hard and how it pays off. I 100% agree with Dillard’s beliefs about talent and if you work hard towards your goal to achieve it‚ then it will be much more rewarding in the end. Now a day’s people in society feel like ones’ talent just comes naturally without really having to work for them at all. This is exactly the opposite of what Annie’s perspective was on talents. Society today wants the easy way out and they don’t want to work hard to achieve
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A second thing that caregivers can do is to provide children with items that can remind them of their parents while they’re gone such as photos of their family as well as providing comfort items like a favorite toy or blanket from home. It might also help to have caregivers read books that talk about hellos and goodbyes (Balaban‚ 2006). A third step that care providers can take to help with separations is to have a consistent and predictable goodbye routine that children use every day. Benjamin Mardell
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