ABSTRACT
Working capital is the ability of a business to meet its short-term liabilities as the full due out of its short-term assets.
It is therefore necessary that an industry should always maintain a well-articulated and consistent management of its working capital.
To facilitate the exposition of this research work for a clear understanding by our readers, this work had been divided into three chapters. In course of the study hypothesis were development, it was observed that automobile industry had adequate working capital to improve efficiency of its production we observed that automobile industry had adequate and good quality capital position though it has no credit policy for its customers.
Based on these we concluded that, automobile industry has effective working capital management. Also we provided some useful suggestions that can further improve the effectiveness of the industry’s working capital management. The suggestions include the establishment of credit policy and embarking on marketing strategy organizing of symposium and seminars on working capital management.
TABLE OF CONTENTS
Title Page
Approval Page
Dedication
Acknowledgement
Table of Content
Abstract of Preface
Chapter One:
1.0Introduction
1.1Background of the Study
1.2Statement of the Problem
1.3Purpose of the Study
1.4Significance of the Study
Chapter Two:
2.1Review of Related Literature
2.2Working Capital Management an Overview
2.3Management of Cash
2.4Management of Inventories
2.5Management of Debtors
2.6Management of Creditors
2.7Method of Data Collected
Chapter Three:
3.1Design and Methodology
3.2Sources of Data
3.3Location of Data
Chapter Four:
4.0Summary of Findings
Chapter Five:
5.0Recommendation and Conclusion
Bibliography