APPRAISAL OF WORKING CAPITAL MANAGEMENT IN BREWERY INDUSTRIES ( A CASE STUDY OF GUNNESS PLC LAGOS)


APPRAISAL OF WORKING CAPITAL MANAGEMENT IN BREWERY INDUSTRIES ( A CASE STUDY OF GUNNESS PLC LAGOS)  

TABLE OF CONTENT

TITLE PAGE

CERTIFICATION

DEDICATION

ACKNOWLEDGEMENT

TABLE OF CONTENT

CHAPTER ONE

1.0. INTRODUCTION

1.1. BACKGROUND OF THE STUDY

1.2. STATEMENT OF THE STUDY

1.3. OBJECTIVE OF THE STUDY

1.4. SIGNIFICANCE OF THE STUDY

1.5. RESEARCH HYPOTHESIS

1.6. SCOPE OF THE STUDY

1.7. LIMITATION OF THE STUDY

1.8. DEFINATION OF OPERATION TERMS

CHPTER TWO

2.0. LITERATURE REVIEW

2.1. DEFINATION AND IMPORTANCE OF WORKING CAPITAL AND PROFIT

2.2. THE GOALS OF WORKING CAPITAL MANAGEMENT PROFIT

2.3. SOURCES OF WORKING CAPITAL

2.4. ESTABLISHMENT OF THE WORKING CAPITAL POLICY

2.5. AGGRESSIVE ASSETS MANAGEMENT

2.6. CONSERVATIVE ASSETS MANAGEMENT

2.7. AGGRESSIVE LIABILITY MANAGEMENT

2.8. PRINCIPLE OF CURRENT ASSETS AND CURRENT LIABILITY MANAGEMENT

2.9. OPTIMUM INVESTMENT IN CURRENT ASSETS

CHAPTER THREE

3.0. RESEARCH METHODOLOGY

3.1. HISTORICAL BACKGROUND OF THE CASE STUDY

3.2. RESEARCH INVESTMENT

3.3. METHOD OF DATA ANALYSIS

3.4. LIMITATION OF THE STUDY

3.5. METHOD OF DATA COLLECTION

3.6. METHOD OF DATA ANALYSIS

CHAPTER FOUR

4.0. PRESENTATION AND ANALYSIS OF DATA

4.1. DATA PRESENTATION

4.2. DATA ANALYSIS

4.3. FINDINGS

4.4. RATIO/ANALYSIS WORKING CAPITAL

4.5. WORKING CAPITAL CYCLE, THERE DETERMINATION AND EFFECT ON PROFIT

CHAPTER FIVE

5.0. SUMMARY, CONCLUSION AND RECOMMENDATION

6.0. INTRODUCTION

7.0. CONCLUSION

8.0. RECOMMENDATION

9.0. BIBLOGRAPHY

CHAPTER ONE

1.0. INTRODUCTION

1.1. BACKGROUND OF THE STUDY

After the commencement of the business it will soon occur to the enterprenuer that business operation are not an easy as he assumed. As he aim the business he will realize the most of the profit margin (if at all he makes them), which he assumed will be available for further financing of the business may not come forth when some will be tied to account receivable or stock of hirentorius.

It will further down on the enterprenuer that if he meets most of his customers demand expand the scope of the business and increase the profitability of the organization, he will always need the service at credit facilities by surplus.

Problem however will arise for unprepared managers with naïve attitude in respect to working capital will suddenly discover that they are handling and not be able to meet the target profit, hence he might not do anything to keep the business going they will realize that the blood stream of the business i.e working capital has stpped flowing or is not properly flowing and that can lead to the death of the business.

The focus of this research work is to stress the importance of working capital management in any brewing industries due to negligence of the fact, many organization that has sample opportunity to make it big in the economic retarded while others are experiencing severe cut down in profitability.

From the fore mentioned reason, am now making it as a matter of responsibility to look at this subject matter so as to cut down, if not completely eliminated, the problem of working capital management and it’s effects on the profit of a brewing industries and a case study of guiness Nigeria plc lagos.

1.2. STATEMENT OF RESEARCH PROBLEM

The statement of the research problem to be discussed in this research work is listed below:

1. What are the level of working capital require to meet the liquidity and profitability of the brewing industries?

2. How can management placement, which generate into management in efficiency in planning and controlling of working capital, could be reduced?

3. What is the working capital cycle in brewing industries?

4. What are the working capital determinations and their effect on the profit of brewing industries?

1.3. OBJECTIVE OF THE STUDY

The research is embarked upon to achieve the following:

1. To show that health condition of  a company is revealed first, in the working capital

2. To examine the importance of level of items, ratio analysis of working capital management

3. To establish the relationship between the efficient management of working capital and profit of brewing industries

4. Excess and inadequate of working capital has negative effect on the profitability level.

5. To make a recommendation.

1.4. SIGNIFICANCE OF THE STUDY

The information to communicate can be used by the management of Guinness plc and any other entrepreneur and brewing industries.

1. In formulating policies concerning working capital

2. In planning and controlling the activities of the enterprises.

1.5. RESEARCH HYPOTHESIS

A research hypothesis can be seen as tentive statement, which is formulated and push forward for the purpose of empirical testing (hypothesis) the research question can be state or formulated in two ways:

H1-Null hypothesis

H0-Alternate hypothesis

H0- the 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.

3. It can also be useful foe an investors from considering the working capital of any companies before investing.

4. It can also discuss some information to extend entities.

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.

.


TYPE IN YOUR TOPIC AND CLICK SEARCH.






RESEARCHWAP.COM

Researchwap.com is an online repository for free project topics and research materials, articles and custom writing of research works. We’re an online resource centre that provides a vast database for students to access numerous research project topics and materials. Researchwap.com guides and assist Postgraduate, Undergraduate and Final Year Students with well researched and quality project topics, topic ideas, research guides and project materials. We’re reliable and trustworthy, and we really understand what is called “time factor”, that is why we’ve simplified the process so that students can get their research projects ready on time. Our platform provides more educational services, such as hiring a writer, research analysis, and software for computer science research and we also seriously adhere to a timely delivery.

TESTIMONIES FROM OUR CLIENTS


Please feel free to carefully review some written and captured responses from our satisfied clients.

  • "Exceptionally outstanding. Highly recommend for all who wish to have effective and excellent project defence. Easily Accessable, Affordable, Effective and effective."

    Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.
  • "I saw this website on facebook page and I did not even bother since I was in a hurry to complete my project. But I am totally amazed that when I visited the website and saw the topic I was looking for and I decided to give a try and now I have received it within an hour after ordering the material. Am grateful guys!"

    Hilary Yusuf, United States International University Africa, Nairobi, Kenya.
  • "Researchwap.com is a website I recommend to all student and researchers within and outside the country. The web owners are doing great job and I appreciate them for that. Once again, thank you very much "researchwap.com" and God bless you and your business! ."

    Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.
  • "I love what you guys are doing, your material guided me well through my research. Thank you for helping me achieve academic success."

    Sampson, University of Nigeria, Nsukka.
  • "researchwap.com is God-sent! I got good grades in my seminar and project with the help of your service, thank you soooooo much."

    Cynthia, Akwa Ibom State University .
  • "Great User Experience, Nice flows and Superb functionalities.The app is indeed a great tech innovation for greasing the wheels of final year, research and other pedagogical related project works. A trial would definitely convince you."

    Lamilare Valentine, Kwame Nkrumah University, Kumasi, Ghana.
  • "Sorry, it was in my spam folder all along, I should have looked it up properly first. Please keep up the good work, your team is quite commited. Am grateful...I will certainly refer my friends too."

    Elizabeth, Obafemi Awolowo University
  • "Am happy the defense went well, thanks to your articles. I may not be able to express how grateful I am for all your assistance, but on my honour, I owe you guys a good number of referrals. Thank you once again."

    Ali Olanrewaju, Lagos State University.
  • "My Dear Researchwap, initially I never believed one can actually do honest business transactions with Nigerians online until i stumbled into your website. You have broken a new legacy of record as far as am concerned. Keep up the good work!"

    Willie Ekereobong, University of Port Harcourt.
  • "WOW, SO IT'S TRUE??!! I can't believe I got this quality work for just 3k...I thought it was scam ooo. I wouldn't mind if it goes for over 5k, its worth it. Thank you!"

    Theressa, Igbinedion University.
  • "I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much researchwap.com, infact, I owe my graduating well today to you guys...."

    Joseph, Abia state Polytechnic.
  • "My friend told me about ResearchWap website, I doubted her until I saw her receive her full project in less than 15 miniutes, I tried mine too and got it same, right now, am telling everyone in my school about researchwap.com, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work"

    Christiana, Landmark University .
  • "I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!."

    Musa, Federal University of Technology Minna
  • "I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!."

    Ali Obafemi, Ibrahim Badamasi Babangida University, Niger State.
  • To contribute to our success story, send us a feedback or please kindly call 2348037664978.
    Then your comment and contact will be published here also with your consent.

    Thank you for choosing researchwap.com.