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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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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Gross Working Capital vs Net working Capital Working capital of a company is one of the most important measures in any financial statement that is also easy to calculate. It is a reflection of the current financial condition of a company that enables investors to know about the health (financial) of a company. However‚ there are two terms called gross working capital and net working capital that are also used commonly. People remain confused between these two as they cannot differentiate between
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LABOR LAWS OF SINGAPORE In Singapore‚ for employment to be valid there must be a contract that has been agreed upon between the employers and the employee/s. In principle‚ employer and employee could enter into contractual obligations without a written contract. According to Sharon Bernhardt‚ that Singapore is known for its thriving business economy as well according to the WEF Global Competitiveness Report‚ Singapore is the most competitive economy in Asia‚ ranking third in the world and following
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Hours of Work | Work Operation/Shift Schedule | Shift Premium | Overtime | Rest/Meal Period | Opening Position | 2 Operating Shifts being run by 2 shift groups. (40 hour work week) Morning Shift (60% Workforce) Evening Shift (40% Workforce)Each employee will be working on 8-hour shift. Schedule of Shifts will run on a 5 day a week. Morning Shift -5 days (Monday to Friday) 8 hours fixed‚ with 2 consecutive days off (Saturday & Sunday off)Evening Shift – 5 days (Monday to Friday) 8 hours
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Financing working capital Working capital management is the management of the net of current assets and current liabilities with the objective of reaching the right balance between profitability and liquidity. The aim of managing inventory (stock)‚ trade receivables (debtors)‚ cash‚ trade payables (creditors)‚ is to obtain the right balance of all the current assets and current liabilities at any given time so that the achieve the objectives of working capital management in the form of profitability
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SUMMARY‚ CONCLUSIONS AND RECOMMENDATIONS Summary The main purpose of the study was to determine the problems encountered by working students. Specifically‚ the following questions were answered: 1. What are the problems encountered by working students: 1.1 .Home 1.2 .School 1.3 .Work 2. What suggestions can you give to solve the problems of working students? The result of the study revealed the following: 1. ____% of the respondents were _________ ; _____% were male. The
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of Business and Social Science Vol. 2 No. 22; December 2011 Analyzing the Impact of Working Capital Management on the Profitability of SME’s in Pakistan Mustafa Afeef Lecturer Iqra National University Phase 2‚ Hayatabad‚ Peshawar Pakistan Abstract Working Capital Management has an overriding impact on a firm’s profit performance. However‚ it is expected that an efficient management of working capital might have a more profound impact on profitability of small enterprises than on the
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holding 8 250 2000 5 Wet berry holding 3 400 1200 6 Destoning 3 1500 4500 7 Dechaffing 3 1500 4500 8 Drying 3 200 600 9 Separating 3 400 1200 During peak period 9/20-10/9 Average daily deliveries = 16‚380 bbls/day Working hours = 12 hr/day Average hourly deliveries = 16‚380/12 = 1‚365 bbls/hr From the above table‚ Average hourly deliveries (1‚365) is larger than Drying capacity (600) and Separating capacity (1‚200). Therefore‚ in general‚ these two processes are
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English 101 March 24‚ 2014 Obstacles Faced by the Working Poor There are millions of Americans who have jobs but still remain poor despite the strong labor markets; these people are referred to as "the working poor." The working poor are working people whose incomes fall below a given poverty line. Even though these people are working‚ the wages are insufficient causing them to face numerous obstacles that make it difficult for them to provide the basic necessities to maintain a stable life. Some
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