The following research questions guided the study: These include;
1. What are the attitudes of management towards working capital management practices in the different units of RCDF LTD.?
2. What techniques use by different units in managing their accounts receivables and accounts payables?
3. How are matters on inventory management approached with respect to Working Capital Management?
4 How do manage their cash flows?
5 What are the flaws witnessed by units investors in managing their working capital?
Research instruments
Under this study, both Secondary data and Primary data were used. Secondary source consisted of different units Annual Financial statements, Budgets and Monetary records.
Questionnaire was administered to collect the primary data from the various dairy units in order to tap more information from those who handle and or keep records of current assets and current liabilities. The questionnaire used was both structured and unstructured.
Research methodology
It is a comprehensive framework to prepare research goals and determine an optimum platform to achieve them. It includes the outline and proposed plan by which the operational implications of the study and analytical findings can be implemented.
In order to elaborate and analytical study of this area, it may include the aspects as given here:-
(i) Objectives and target oriented aspects of working capital’
(ii) Structural framework of the components of working capital;
(iii) Integrated
The three procedures of accounting and bookkeeping assist an individual in recognising the most effectual use of capital incomes, gauging the properties of the cost controls across their finances. The accrued economic data is collected into usable data facts and reports are summarised for their decision-making procedure. By recognising and gauging costs, individuals can transfer capital to advance productivities and decrease costs.
of the information obtained for this paper was retrieved from a textbook for which the
Research two (2) manufacturing or two (2) service companies that manage inventory and complete this assignment.
The strategy of secondary analysis was chosen for this research because it is cheap and timely in comparison to other forms of research. Using data collected by other reliable sources increases the validity of secondary data analysis research.
The paper will begin with a Review of the Research. This section will summarize all the information gathered for this paper. Here the background will be given and the foundation laid for the rest of the report. Next will be the Application of the Research. This is
Secondary data using existing data, as related to new data that is being gathered or have been recently gathered. Information already exist on the topics that are being studied. In quantitative approaches, it is this knowledge that assists one with finding the hypothesis to be examined in the new research. It opens the door for the researcher to further explore and generate new questions for the study. This also allows the researcher to find gaps in the research process. Secondary data sources can be acquired via the
Question 3. TCO 6. Why is the purchasing, receiving, storing, and issuing cycle so critical to the financial stability of a foodservice facility?
The secondary data comes from report, journals, online database. The main secondary data sources in our project including but not limited to:
Consider whether the accounting system at Cold Moo Ice Cream Company includes the three characteristics of a successful responsibility accounting system. How could the responsibility accounting system at Cold Moo be improved?
1 Identify the primary authoritative guidance for the accounting for inventories. What is the predecessor literature?
Alan Litchman and Laura B. Trust, Co-Presidents of Finagle a Bagel, own a bagel business in Boston (Parrino, Kidwell, Bates, 2012). Alan and Laura met in business school and after gaining business experience in other industries they purchased the bagel business with the intent of growing it as much as possible. They have two primary target markets: 1) retail stores and 2) wholesale accounts with large institutions. In this paper, we will briefly discuss a few of the strategies they used to manage their working capital.
The article highlights the important information and provides details and explanations in an overall strong and understandable important way for the respective field.
Parrino, R., Kidwell, D. S, & Bates, T. W. (2012: Concept Review Video: Working Capital Management
Primary and secondary sources are ways in which data can be retrieved. As Serakan (2006) stated, “Primary data refer to information obtained by the researcher on the variables of interest for the specific purpose of the study”. Various evidence suggesting to what methods of primary research can be conducted and which are most effective for the previously mentioned problem description are stated in this chapter.