-
Appraisal Of Working Capital Management In Brewery Industries
[A CASE STUDY OF GUNNESS PLC LAGOS]
CHAPTER ONE -- [Total Page(s) 2]
Page 2 of 2
-
-
-
RESEARCH HYPOTESIS
HO: management of working capital and profitability of brewing industries is not a catalyst for the growth and survival of Nigeria economy
H1: the management of working capital and profitability of brewing industries is directly related to cash or profit management.
i. H0: there is significant relationship between adequate management of working capital and profitability and organization survival
ii. H1: there significant difference between good working capital and profitability and employees efficiency
1.6. SCOPE OF THE STUDY
The scope of these research is to study the appraisal management of working capital and profitability of the brewing industries, it limit the research work to look into the trading and other services of brewing industries, also, to evaluate and assess the marketing department, production department and finance department.
1.7. LIMITATION OF THE STUDY
This study will be limited to the assessment of management of working capital and profitability of brewing industries in Nigeria ( a case study of Guinness plc, lagos) this project work will mainly focus attention on the various strategies or policy used in managing the working capital and profit maximization of brewing industries by the directors of guiness plc, lagos.
1.8. DEFINATION OF OPERATION TERMS
I. ACID TEST OR QUICK RATIO: this is to show which cash and those assest most readily convertible to cash can meet the demand of short term creditors
II. CURRENT RATIO: this is to show the extent to which short term asset that will be converted into cash within cover creditors
III. INVESTORS: this is stock of the product a firm is manufacturing for sales and the component that make up the product
IV. MANAGEMENT: this is the study of body that responsible for manipulating for available resources (factors of production) to achieve the organization objectives, they are concerned with internal control profit of the company and efficient management of assets.
V. PROFIT: this is the excess at total revenue over total cost of the manufactured product.
CHAPTER ONE -- [Total Page(s) 2]
Page 2 of 2
-
