37758767 Working Capital Management of a Manufacturing Company Project Report M B A

¯

ñ

!¯ "#$$%&#$''( c c

c

cc

)*+,-.

/01*-)/ *" *,.22 31-(2 ! " /"*, *4*, (2

! # ! ñ ñ$ " % & #'

! c c

c

cc

5

(c Ã Ã)Ãñ&*

c

c 3)

c #

c .

8c /&9,$.#,$ÃÃ,

+c ,-ñ&*.&/0#Ã 1c /2Ã/.,*

c ñ/ ñ 4c /5Ã)Ãñ/02Ãñ-* 6c &Ã)Ã/0#Ã&&Ã 7c &ÃñÃ&2Ã2/-/#/$*

c

c $

c

c

c , 3

:c /.Ã&,$*#Ã/0ñ2Ãñ*,2Ãñ

c $ c , c c

c

cc

èc ñ2Ã-#Ã2,$Ã,/&9,$.#3,#*ññ (;c/&9,$.#&/ñ/0ñ2Ãñ*,2Ãñ

c & &

c . &

c &

c &

((c,#*ññ/02Ãñ-*

c

c

c < &

c

c ñ -

c 3

c #

c .

(+c/,#ñ/,

(1cñ$$Ãññ/,ñ3&Ã/Ã,-/,ñ (4c#/$&.2*3&Ã0&Ã,Ãñ (6c,,Ã &Ãñ

c c

c

cc

600.. ! Ã == " >

" ñ ñ$? ñ2Ã +;;6+;;è & 3

3 " "

" > ! c c

c

cc

2

Ã

! = (è ! (è4;> !

@ (è8;> !& - ! 0 ñ ñ =

ñ

c c

c

c c

7¯ & $ 9 = = ñ =

# @ $ / ! Ã (è48 Ã &

ñ "

c c

c

c c

>

Ã ñ / ñ #

(:64 ñ !

A $ ñ" / " " ñ

@$ # @2 ñ" ! 2 ! ! 8;; ! +; +6# &(6;; (; # , . 0 ) ññ B ! 6; ñ c c

c

cc

*-0* (èè6 . 4; 0-* +(; (+;; 3 / /.040 0 *=¯+*)+.**1*.+*,-,-*+41- +118*-01040,,-*8,.04090-*44 **48*-00-4**088,*/ " *8/)40, / ( $ " ñ = / * @ -&Ã/& $Ã,Ã&# 2Ã- /0 Ã2,# 3 ,Ã,,Ã -Ã.&Ã, / : * @ 0,,Ã -Ãñ/, 9Ã& 2Ã- /0 ñ#Ãñ ,- &9Ã,$

!

&&,ñ,$2

$Ã,Ã&#,$Ã&

&ñ/-29&Ã/

.Ã&ñ/,,Ã#,$Ã&

&ñ2/9$&#

ñ/&Ã,$Ã&

&2&ñ2$.

2Ã-&9Ã,$%.&2ñÃ' c

c

c

c c

&ñ2& /,ñ2Ã- /) *@-&Ã/&,Ã/../&,Ãñ0/&/.,* ;& ,7 +-

0-*+(;- 0-*11;- 0-*44;- 0-*7;;- 0-*:4;-

*&,((;A( *&,((;A+ *&,(+;A( *&,(+;A+ *&,(1;A(

0-*(;;;- 0-*(+;;-

*&,(1;A+

& * *4.8 + - # ñ # 0 0 2

.

**

,,- 8

*-0* 8

*-0

(;A-

./#*.&/.*#Ã,Ã #ññÃ, *&,

"8-,( ñ $ "

(;6;;

,=+ñ

:;;;

76A-

./#*.&/.*#Ã,Ã #ññÃ, *&,3 ,/,=/)Ã, 0&ñ

c c

c

c c

< ñÃ& $ 2=:7(; A ñ" (;+;;8ñ $ " A ñÃ&?Ã-

- Ã! $ %$' ñ2Ã ñ*,2Ãñ 0& ./#*.&/.*#Ã,Ã #0#Ã, *&, 0& ! ./#*.&/.*#Ã,Ã #0#Ã, *&, 3 ,/, /)Ã, 0&ñ. @(; =76 0

! = ! ! ñ2Ã ñ*,2Ãñ2 !

14C77

(c ñ $ " - # +c - . 1c -- " ñ2Ã ñ*,2Ãñ$ " ! " " Ã! ñ&

c c

c

cc

¬

¬ !

$&Ã*2.ñ c

c

cc ...D.DA.ÃDA,*#/,

c c c

c

c

c

c c

c c

c c c

c c c

c c c

c c

c c

c

c

c

c

c

c

cc

! ! 2!<5 *8 . .

-.$ ñ ñ 0ñ

**,**.

2 & c c

c

cc

2- 0 - 2 Ã!

*-0* 0- 2 ! !

4 ! ! :;; A +6; !

c c

c

cc

X0,**, . +:;=+è;E

./* =1

)

+ ./*

./* ! ! !

! ! !

c c

c

cc

--; -=+8 9 , $ " =+;(;;(%.' *;è(=(+;=+8;;117+8;;1:7 6;è(=(+;=+8;1(8+

&.,; F * *; ///.

,*4 c c

c

c c

Ã! 4; ! ñ ! = ! " è;G ./* . " ! ñ " = ! = ñ ,, ññ ./*

ññ =H= ./* .A-AÃ$ = 88*0 A

! ! ! . ! ./*A.0* ! ! / " %/' +;;6!

! . ./* =

c c

c

c c

# ! & & ñ Ã # A 0 %0' ñ#

! ññ ./ ! ññ> ! =H= " c c

c

cc

! ==

"

5 ! C pc " pc pc " pc

! Iñ2Ãñ*,2Ãñ$ " J 7 A> ñ

c c

c

c c

¯

(=c . # . &2 I

J%(è:4' 4; = = ñ

! +=c 2 I2 J I J== K = = = 2 1=c ñ 0 - 9 I Ã

0. CÃ J%+;;:'

ñ Ã! %ñÃ' (èè:=+;;8 c c

c

c c

Ã

L % '

4=c & I 0K Ã! C Ã ñ J &%+;;:' K ! ñ Ã! ñ !K %(è:6' , # & ! K ! K " 6=c 2 5 I J%+;;8' K % = ' = == /

7=c $ I 0 0 J%+;;è' c c

c

cc

& /

, L ? * I $ . ,. J 8=c - &I = Ã

/ ñ J%+;;:'

:=c ,0 5/2 = J K K K %' # " K !

c c

c

cc

è=c $ - I2 J %+;;7' M M ! = = =

ñ= = = ! = "

(;=c Ã&

I C J -%(èè7' = . = " I = J ((=c . . N .8,0-

ñ ) 9ñ %+;;8' " 2 2

Ã 3 (èè4@è6 +;;4@;6 c c

c

cc

!

'#&c¯*)8,-, . .,,.* 5. , %+;;:' 2Ã#5.ÃÃ#ñ#Ã&Ã&,

ñ , . Ã ) Ã K K c c

c

cc

! !

" " &

. *-*40-; ñ! (45 =+75 ; - "

" c c

c

cc

8; 8 ,

- 8

-8

*

0!

c

*07*,,* *-; (c . +c ñ *-;

ñ

ñ ñ 2 = pc pc . A ñ ñ c c

c

c c

pc 3 08*; ñ $ " +;;6=+;;è

**,0-;

" & pc pc ñ pc $ 3, pc )

! pc

pc

ñ

ñ2Ã ñ*,2Ãñ $ " pc

c c

c

c c

c c

c

cc

! 5

¯

¯

!

! ¯ C= (c

O

+c

!

O

'/

0,**,;&

c c

c

c c

ñ2Ã ñ*,2Ãñ #/ . * . - * . 6 4* *4 0 ;& C ! !C=

!

= ! 3 = C

&' (c#$!"c %%"%c

)'"c"c*+! !#+!,c

c

c

c

!!"c#$!"c %%"%c

ññÃñ

'!,"c*+! !#+!,c

c

c

!;&

c c

c

c c

= = Ã = = =

c

ñ=

c

c

c

c

.

#= 0!

! = ñ c

c

c c

.

#

c

0!

ñ2Ã ñ*,2Ãñ c c

c

cc

¯

'/ /

" ñ > / ! . 0$ > /P&QQ0Q-@ c c

c

cc

&P P 0P -P P "'(

+ ,** *-" (

P

& ñ

&

c

.&#&ñ +;;:=;è

+;;8=;:

+;;7=;8

+;;6=;7

+;;4=;6

1116++(16

+;:(è(6(

(1;87;7+6

è48(8+;(+

+(1;è146

(;8474;4

+(:18(76

(+(8+è47

(676+

(è181

6è::

88:;

11;76((:

&

1(4(77;1

&.

(;6+6

Y

Y

Y

Y

Y

"#(

¯*) *** *-"¯ (

P

c c

c

c

cc

. .&#&ñ +;;è

+;;:

+;;8

+;;7

+;;6

8:14(6(6;

:1(1;èè6

66:7;(1

4:(::+(6

171471è6

+((+81;+

(è4+4:74

(:;;(6++

(17:+466

18è1

+:86

+788

+767

(è;è6+:7 .

4(;1

å

åY

å

Y Y

">(

-**-** *-" (

P

cc-./c ccc-./c

.&#&ñ +;;è

+;;:

+;;8

+;;7

+;;6

(1(4èè;66

6;;44è8

71è7++6

6:6:1:46

(74:64;8+

(1è:+++(8

(+7;(81

è:è+(6(:

(4è(((6è

(è666+1è:

c c

c

cc

0$.

871

8è:

16:

6;:

6è+

å

Y

"?(

1*@** *-" (

P

-

->

.&#&ñ -

+;;;è

17;

+;;:

+;;8

+;;7

+;;6

17;

17;

17;

17;

->

+(77

++:è

(:4(

(6:+

(:1:

-.

(77+

(68+

(è66

++87

(è6è

c c

c

cc

Y

Y

Y

Y

Y

Y

"A(

-** *-" (

P

-

>

.&#&ñ

+;;:

+;;8

+;;7

+;;6

17;

17;

17;

17;

+8(6

+7;+

1è6;

++88

+11;

(1+7

(1:4

è((

(6:(

(7(4

-

+;;è

17;

>

/&.

c c

c

c c

Y Y Yå Y Y å

YYå

YY Yå

Y

YY

! ! ; *Ã&

&.

.

0$.

-.

$/

+;;è

(;6+6

4(;1

871

(77+

(8;61

+;;:

(676+

18è1

8è:

(68+

+(8:4

+;;8

(è181

+:86

16:

(è66

+467(

+;;7

6è::

+788

6;:

++87

((44è

+;;6

88:;

+767

6è+

(è6è

(+è:8

åY

Yå Y

Y

YYåå

Y

Y

c

c

c

c c

;& *Ã&

$/

./&..

,/

+;;è

(8;61

(1+7

(68+8

+;;:

+(8:4

(1:4

+;41(

+;;8

+467(

è((

+176

+;;7

((44è

(6:(

è:7:

+;;6

(+è:8

(7(4

((181

åY Y Y

YY

Y

ñ2Ãñ*,2Ãñ +;;4=;6 +;;6=;7 ! +;;4=;6(+è:8 ((44è +;;6=;7 +;;7=;8 +467( +;;7=;8 +;;7=;8

$/ 2 +;;8=;:$/ ññ +;41( +;;7=;8 +467( ! +;;:=;è (8;61 $/. c c

c

cc

) > ,/ ñ ñ > /& ññ (6 %6'

$/ $/ > ,/ ((181 è:7: +176 +;41( (68+8 +;;6 +;;7+;;8+;;: +;;è ,/ ñ ñ '/ & X

;@ 2 +C( & P

c

c

c

c c

#

5 ((67(+78167

#$$%

(:6+:7(8++

7+4

(4(è144è+;;

#$$B

16(8+6:4+;

4;4

è887(;86+;

#$$C

(+141+(484

8è+

8+11646;++

#$$D

(186:(1+;è

6+7

8+(8(814;7

#$$A

3

111

230

6 2

+(7874+:7è

.01

.

40.

4

1/1

1

---

0 5 / 0//3

0//6

0//2

0//.

0//4

ñ ñ

c c

c

c c

111+;;4=;66+7 +;;6=;7 8è++;;7=;8 +;;4=;6

+;;:=;è +;;7=;8 X @ ! ! < & P

< #

#

< P @@. Ã! *Ã&

#<-ññÃñ

&&Ã, ##Ãñ

#<-&/

+;;è

8(:46;+è67

(:6+:7(8++

1::

+;;:

84;:(+8è;;

16(8+6:4+;

+((

+;;8

676:1:6(+;

(+141(+484

46:

+;;7

6;7è116+++

(186:(1+;è

17:

+;;6

46+1(7(4;7

+(7874+:7è

+;è

c c

c

cc

å å Y Y

å

YY

, (C( 0 ñ +;è+;;4=;6 46:+;;7=;8

+((+;;8=;: +(( +;;8=;: ¯ @ "

&

P

/$ñ/&ñ

,

*Ã&

ñ#Ãñ

,Ã /&9,$ & .#

+;;è

8;1è::7147(

è8;:4;6714

8+6

+;;:

6è148476è77

(;787(è;8:;

667

+;;8

6;116èè8è47

:64(8è6;47

6:è

+;;7

46177++8:8;

46177++8:8;

884

+;;6

167((8476+;

6;4è61;618

8;6 c

c

c

cc

å

å Y

" " 0ñ 8;6 +;;4=;6 884 +;;6=;7 +;;7=;8 6:è! +;;8=;: 667 0 ñ ! +;;:=;è8+4 ñ/9/&,)Ã,/&*&,/)Ã&&/P/$ñ/&ñ#Ãñ

)Ã&$Ãñ/9

c c

c

cc

*Ã&

ñ#Ãñ

)Ã&$Ã ñ/9

ñ&&

+;;è

8;1è::7147(

66:(;4+:6

(+7(

+;;:

6è148476è77

+1è:(+7:6

+486

+;;8

6;116èè8è47

1(4;è77(

(7;1

+;;7

46177++8:8;

+4+è((;è

(:7:

+;;6

167((8476+;

(:è74844((

(:8:

å Y

Y

Y Y

YY

Y

;& " = +;;6 +;;7 3 +;;7 +;;8 %(;' %+' +;;: +;;: +;;:

+;;è c c

c

cc

5 @ ;& -Ã/&ñ>&,/)Ã&&/P&Ã-ñ#Ãñ

)Ã&$Ã-Ã/&ñ>

*Ã&

&Ã-ñ#Ãñ

)Ã&$Ã -Ã/&ñ>

-&

+;;è

8;1è::7147(

1+6;1181

+(77

+;;:

6è148476è77

+6è+14:(6+

++:è

+;;8

6;116èè8è47

+814::+1:8

(:4(

+;;7

46177++8:8;

+:788;è:(1

(6:+

+;;6

167((8476+;

(è184(+1è7

(:1:

Y

YåY

Y Y

Y

Y

$ >

, - & c c

c

cc

, " &Ã-/&ñ>&,/)Ã&&/C= $ >

&Ã-/&ñ>&,/)Ã&&/P,Ã&Ã-.&2ñÃ

)Ã&$Ã&Ã-/&ñ>

*Ã&

&Ã- .&2ñÃ

)Ã&$Ã &Ã-/&ñ>

&

+;;è

67886;6166:

+;è(48(1+(

+8(6

+;;:

6;64(+1++47

(è4+7:+;;+

+7;+

+;;8

4+(668:(81+

(;78+1((è6

1è6;

+;;7

16:;187(716

(68+41è(;(

++88

+;;6

1;;78+6è84+

(+è;7+;;4:

+11;

c c

c

c c

å

å

Y

Y Y

$ > , " +;;8 +;;8 >

c c

c

c c

! 5 ! ! ¯

#$$A&$D

#$$D&$C

;

+(74+;è:;;

4((88++4;;

(è616(+7

ñ

1;16è64:7è

++(6:4+è(7

:+;(((è61

3

14;81;81+

++è87è8::

((;è7;è44

# 3

(7è+74è7+(

1+(+88+4(7

(6+;(++8è6

%'

8+11646;++

è887(;86+;

5 ;

ñ

((6:6(7+;6

è86è47(:4

(:+68;;+(

.

+;8+è8;;4

+4:177+è;

4(;7è+:7

ñ 3&

(;;;;;

(;;;;;

=====

======

%'

(186:(1+;è

%='

6:6881(:(1

:64(8è6;47

1767+;64(7

è8+(4+(:1

+*)8,

#DB?$D>#/>>

#DB?$D>#/>>

BA?'C%A$/?D

(+141(+484

BA?'C%A$/?D

>DAD#$A?/'D

>DAD#$A?/'D

c c

c

cc

! 5 ! ! ¯ #$$C&$B

#$$B&$%

;

78:61+(1

41878744

+4;:667è

ñ

+86;::74

184è8::+

èè:è;(:

3

17764;17;

7:è(44è+è

1++7;467è

# 3

4+è;8;((4;

+84667è:+8

(646(1(1(1

%'

(4(è144è+;;

((67(+78167

5 C

ñ

+è;è4(8:+;

(+816+4:++

(716:è+èè:

+41è;6;

8++;64

(8(7èè7

.

161è167;;

4è8(1(6;;

(41(è6è

ñ 3&

(;;;;;;;

(;;;;;

=====

=====

%'

16(8+6:4+;

(:6+:7(8++

%='

(;787(è;8:

è8;:4;6714

1(+è;è:è78

4;è7::4((1

+*)8,

'$DCD'%$C/B

%DCCBA'/?D

%DCCBA'/?D

'$DCD'%$C/B

?$%DBB?'/'>

?$%DBB?'/'>

c c

c

c c

0/&*Ã&ñ+;;7,-+;;8C ñ +;;6=;7 +;;7=;8

+;;6=;7 +;;7=;8 3 0/&*Ã&ñ+;;8=;:,-+;;:=;èC 3 3

c c

c

c c

¯

C= (& +ñ 10 ***4*;& .&#&ñ & . 0 /#

+;;è +::11+(( 6è(++:; è;++(61 41878744

+;;: 18+è8;+6 è867;+1 +;:;;(76 78:61+(1

+;;8 +è4;84;+ 7+8;(87 64èè747 4((88++4

+;;7 (++1;è;; 4è;(:6; 46;è14: +(74+;è:

+;;6 (1è+(++6 48168è1 :+:1(;+ +7è4;(+;

å

Y

; "6 A ;7=;8

;8=;: (è616(+7+;;8 +;;: +7786è:è +;;8 ñ ñ 0 c c

c

cc

5 - - ***40-1* .&#&ñ -Ãñ/Añ 0/&.Ã&/- /0ñ /,2ñ /2Ã& -Ãñ /#

+;;è ;;;

+;;: +;1648;;

+;;8 ((:;+:;;

+;;7 :6(+4;;

+;;6 +7++è;;;

184è8::+;; +81;61(8;; ++;4;4;((7 1;+844+47è +781+16868 184è8::+;; +86;::74;; ++(6:4+è(7 1;16è64:7è +7èè474868

å

Y Y

ñ ñ %6' +;;7=;8 - ! +;;:3+;;è - ñ c c

c

cc

!55 L

***4-5)5,;& .&#&ñ +;;è 3 7:è(44è+è /# 7:è(44è+è

+;;: 17764;17; 17764;17;

+;;8 ++è87è8:: ++è87è8::

+;;7 14;81;81+ 14;81;81+

+;;6 77(8888(è 77(8888(è

å

cc

Y

" +;;6 +;;7+;;8 +;;: > +;;7+;;83+;;: ! 4+1G;7=;8 +;;6 +;;8 " ! ! .

#

0 c c

c

cc

.&#&ñ +;;è +;;: +;;8 +;;7 +;;6 #/,ñ3 +84667è:+8 4+è;8;((4; 1+(+88+4(7 (7è+74è7+( ((7(è(:è1; -),Ãñ /# +84667è:+8 4+è;8;((4; 1+(+88+4(7 (7è+74è7+( ((7(è(:è1; å å Y Y

cc

" $ ! +;;è +;;: &4 ! ! > " 5 # c c

c

cc

;& .&#&ñ +;;è +;;: +;;8 ñ,-&* (+816+4:++ +è;è4(8:+; è86è47(:4 &Ã-/&ñ /# (+816+4:++ +è;è4(8:+; è86è47(:4

+;;7 +;;6 ((6:6(7+;6 (è:717(èè8 ((6:6(7+;6 (è:717(èè8

Y

Y

" +;;7 86G +;;8 (;;G;8=;: +;;: 2 ***4 ** .&#&ñ +;;è +;;: +;;8 .&/)ñ/,ñ 4è8(1(6;; 161è167;; +4:177+è; /# 4è8(1(6;; 161è167;; +4:177+è;

+;;7 +;8+è8;;4 +;8+è8;;4

+;;6 (:(+:;:8+ (:(+:;:8+

c c

c

cc

å

Y

0 ! ! !

c c

c

c c

c c

c

c c

pc ñ2Ãñ*,2Ãññ2Ãñ*,2Ãñ

ñ2Ãñ*,2Ãñ pc & ñ2Ãñ*,2Ãñ

pc

!

" 0 ! pc # ñ ñ pc pc 0 c c

c

cc

pc

! !

pc

Ã/<

pc

" " !

pc

-

pc

pc

! L

!

pc

> (è

c c

c

c c

c c

c

c c

0*.8*¯*)8, . ! ! ; pc

ñ

pc ! = = pc =

" 0

pc = > = !

pc Ã

/

pc

Ã

c c

c

c c

c c

c

c c

¯ 5

;&

pc# " -&

. # ñ Ã! 5 0 ) (è,(5 =5 +;;7 ññ&,C CAAA Pè1(6è(

pc CAA A 1A O RPè1(6è(3 L LP(3 L L Pè77(:: pc CAA AA)ñ O P 3ññ PA A ! A A+è(;;1;+;+ 5 pc +;;(I C J ¬ ) 4%4' 16=76

pc 5(è:1Iñ 0 C # J Ã (%4' 48=6è pc 2+;;( Cñ .2 ,- pc $ 5(è87I & ñ J

(4 +1=+: pc $ 5(è:4I0 J ¬ 5 6è=76 pc ñ . 2 +;;7 Cñ ñ ñ 5 .

Ã ) (+,1. 1(1=114 c c

c

c c

E 5 !

ñ2&$,Ãñ25 ñ2&# 5 ñ2&Ã.# &ÃñÃ&)Ã,- ñ&.#ñ ñÃ&Ã-#/,ñ -Ã0Ã&Ã- ##* ,ñÃ&Ã- #/,ñ

E C$&/ññ#/9 C -Ã.&/, ; 5 ; ,)Ã,/&* ñ,-&*-Ã/&ñ ñ2,2,-3 ,9 #/,ñ,- -),Ãñ

; 5 ñ,-&* &Ã-/&ñ -),Ã0&/ ñ/Ã&ñA-#&>ñ .&/)ñ/,ñ "& ( ñÃ##,Ã/ñ Ã .Ã,ñÃñ

#$$B&$%

#$$C&$B

#$$D&$C

#$$A&$D

#$$?&$A

6++6 6(;; (èè;(;;;;; 1466(è7;4:+

6++6 6(;; (èè;(;;;;; +è7+6(+8è:

6++6 6(;; (èè;(;;;;; (6+61:6161

6++6 6(;; (èè;(;;;;; +(:+è(è++è

6++6 6(;; (èè;(;;;;; +;8:6è4èè4

8+7:7(;66: 11:1;è8;;

::61è;;+(1 144è4(+;;

è46166(è84 1;:;4:1;;

661+11è6+1 77+11+;;

641èè6:(8+ =========

414:7781;;

47è487(7;;

+::8++11;;

(68;16;(;;

(44;:4(48;

'C>%CDAB>/DA 'BB?D##D'/>D 'C'D?>'%#/A# ''>?'%A#>/CC '$%?%A$?%/D' (8:461è6(è1 (8++4;68((: (74:::4(+7: (+768;;7(87 (+118;6:4è7 (;(67(4+47+ è;64;+(87+ 8:771(8;7+ 8(8+èè1:7+ 741:;8(67+ 87:è+6+81(

:(8;;16167

:7++6+4+;7

64:4;(+1(4

6:è:è:7è14

41878744;; 184è8::+;; 7:è(44è+è

78:61+(1;; +86;::74;; 17764;17;

4((88++4;; +411:;èè;4 ++è87è8::

+(74+;è:;; 1;16è64:7è 14;81;81+

+7è4;(+;;; +7èè474868 77(8888(è

+84667è:+8

4+è;8;((4;

1+(+88+4(7

(7è+74è7+(

((7(è(:è1;

(+816+4:++

+è;è4(8:+;

è86è47(:4

((6:6(7+;6

(è:717(èè8

:++;64;;

+61è;6;;;

(;;;;;;;

(;;;;;;;

==============

4è8(1(6;; è8;:4;6714

161è167;; +4:177+è; (;787(è;8:; :64(8è6;47

+;8+è8;;4 6:6881(:(1

(:(+:;:8+ 6;4è61;618

=========

=========

+;:+6;

è:84è;

========

'C>%CDAB>/DA 'BB?D##D'/>D 'C'D?>'%#/A# ''>?'%A#>/CC '$%?A$?%/D' c

c

c

c c

c c

c

c c

%',/Ã (C,Ãñ#Ãñ +C/2Ã&,/Ã /# %'Ã .Ã,ñÃñ (C& Ã&#0,ñ2Ã -$//-ñ3/&9 ,.&/$&Ãññ +C,0&,$ Ã .Ã,ñÃñ 1Cñ#&*3/2Ã& Ã.Ã,Ã0ñ 4C-,ñ&)Ã Ã .Ã,ñÃñ 6CñÃ##,$ Ã .Ã,ñÃñ 7C0,,# Ã .Ã,ñÃñ 8C/2Ã&Ã .Ã,ñÃñ :C-Ã.&/, /# .&/0Ã0/&Ã -Ã0Ã&&Ã- .&/)ñ/,0/&0 .&/)ñ/,0/& /, .&/00Ã& .&/0ñ.Ã& #ñ*Ã& #,Ãñ2ÃÃ &&Ã-/ &&Ã,*Ã& #,Ãñ2ÃÃ

!

#$$B&$% 8;1è::7147 ( 417(;74+ 8;44+484(; 1 6è(:17(;46 :

#$$C&$B 6è148476è7 7 1è(18è7:8 6è81::4676 1 48:8171114 7

#$$D&$C 6;116èè8è4 7 (8+1(;;; 6;161++:è4 7 4;+;++7è(1 +

#$$A&$D 46177++8:8 ; (1+14;; 4617866(+8 ; 1711671:16

#$$?&$A 167((8476+ ; 11è7681 167(6(41;è 1 +:48+(:467 6

7:841;+è;6

87;6:+:8+4

7èè+è7(774

74:;64:;18

4è+67:1:è6

4((6844;;

1:467(8;;

114:8(+;;

111774:;;

+78:1+8;;

1+1+7è:4(

1++è8(+è;

116+7847:

+84+1;+1(

+;77:(((8

47474+:+:

4((4714:4

1+874814:

1(:18:4:è

(7(;71667

(1466è4817

(1;1:8(1+:

8+è+6:84(

781(è4::4

4:;1:8(8:

447(:86( ((;+(+;8;; 7è84è8147( è 7è+81è4:4

1+461817 ((:88;48;; 6è(++4::1; : 7(7168146

81(4;+6; 7è11+1+;; 4è7::81è;; 1 7744:èè41

1:4:86è 814è++1;; 46(6+16(11 6 +(6(èèè16

4+è714; (;7;:76:8+ 1668:èè6+8 + 17(48:8;

=771(6;; èè6+(;; (èèè8(+;;

17:è+è;; è;14+;; (111;+:;;

+4(:(6(;; 676+è4( 8466688:

77+11+;; ;;; 4474+6;;

6:(7;;;

4:è4487:4 (:4;77+8è:

418(+8446 (4;1616161

14+477(+4 (;7(;7è++è

(;41+4+16 è67844èè4

1;11(:8;

+11;((;4:+

(:4;77+8è:

(4;1616161

(;7(;7è++è

1;11(:8;

c c

c

c c

37758767 Working Capital Management of a Manufacturing Company Project Report M B A

Recommend Documents