FINANCING WORKING CAPITAL IN A DEPRESSED ECONOMY:
FINANCING WORKING CAPITAL IN A DEPRESSED ECONOMY:
| dc.contributor.author | DONATUS, OLUKA | |
| dc.date.accessioned | 2014-03-22T09:30:16Z | |
| dc.date.available | 2014-03-22T09:30:16Z | |
| dc.date.issued | 1999-09 | |
| dc.description | DEPARTMENT OF BUSINESS ADMINISTRATION INSTITUTE OF ADMINISTRATION, ZARIA. | en_US |
| dc.description.abstract | ABSTRACT There is no one generally or universally accepted definition of "Working Capital." Working capital may mean, "those funds used in acquiring current assets, "but for the purpose of this study, working capital is defined as the excess of current assets over current liabilities. Current assets include: Stock, Cash. Marketable securities, Accounts Receivables while current liabilities include: Notes Payable, Bank Overdraft, Accruals, Trade Creditors, short-term Loans. West African Milk Company Nigeria Pic, like any other manufacturer operates in a depressed Nigerian economy characterised by high inflation, massive unemployment, depreciating Naira value, low capacity utilisation, high interest rate, etc. The technique adopted in this project was examination of company's records and accounts coupled with direct observation of its day-today activities. For any company to meet its short term obligations, there must be enough working capital. This is therefore the bedrock for the company's effective and efficient performance. | en_US |
| dc.identifier.uri | http://hdl.handle.net/123456789/4151 | |
| dc.language.iso | en | en_US |
| dc.subject | FINANCING, | en_US |
| dc.subject | WORKING, | en_US |
| dc.subject | CAPITAL, | en_US |
| dc.subject | DEPRESSED, | en_US |
| dc.subject | ECONOMY, | en_US |
| dc.subject | CASE, | en_US |
| dc.subject | STUDY | en_US |
| dc.subject | WEST, | en_US |
| dc.subject | AFRICAN MILK, | en_US |
| dc.subject | COMPANY NIGERIA. | en_US |
| dc.title | FINANCING WORKING CAPITAL IN A DEPRESSED ECONOMY: | en_US |
| dc.title.alternative | A CASE STUDY OF WEST AFRICAN MILK COMPANY NIGERIA PLC | en_US |
| dc.type | Thesis | en_US |
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