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Khadi and Village industries, being a part of MSME, were facing some issues related to sales with a fir big brand apparel industry competitors. The length of production is small and labour intensive whereas the inventory holding period and average collection are huge. Reducing operations is also not a way to deal in this situation. You are appointed as a finance manager Management. You further faces the problem of compromising between liquidity and profitability. What strategies you would adopt as finance manger to solve this problem. the company to deal with the problem of Working Capital

Khadi and Village industries, being a part of MSME, were facing some issues related to sales with a fir big brand apparel industry competitors. The length of production is small and labour intensive whereas the inventory holding period and average collection are huge. Reducing operations is also not a way to deal in this situation. You are appointed as a finance manager Management. You further faces the problem of compromising between liquidity and profitability. What strategies you would adopt as finance manger to solve this problem. the company to deal with the problem of Working Capital

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter9: Responsibility Accounting And Decentralization
Section: Chapter Questions
Problem 7EA: Based on your research of the market in the previous exercises, you have determined the market price...
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Khadi and Village industries, being a part of MSME, were facing some issues related to sales with a fir big brand apparel industry competitors. The length of production is small and labour intensive whereas the inventory holding period and average collection are huge. Reducing operations is also not a way to deal in this situation. You are appointed as a finance manager Management. You further faces the problem of compromising between liquidity and profitability. What strategies you would adopt as finance manger to solve this problem. the company to deal with the problem of Working Capital
Transcribed Image Text:Khadi and Village industries, being a part of MSME, were facing some issues related to sales with a fir big brand apparel industry competitors. The length of production is small and labour intensive whereas the inventory holding period and average collection are huge. Reducing operations is also not a way to deal in this situation. You are appointed as a finance manager Management. You further faces the problem of compromising between liquidity and profitability. What strategies you would adopt as finance manger to solve this problem. the company to deal with the problem of Working Capital
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