A Study on Capital Budgeting at Bharathi Cement Ltdijtsrd
The investment decision of a firm are generally known as the capital budgeting, or capital budgeting decisions may be defined as the firms decisions to invest its current funds most efficiently in the long term assets anticipation of an expected flow of benefits over a series of years .The long term assets are those that affect the firms operations beyond the one year period .The firm’s investment decisions would generally include expansion, acquisition, modernization and replacement of the long term assets. Sale of a division or business is also as an investment decision. Decisions like the change in the methods of sales distribution, or an advertisements campaign or a research and development programmes have long term implications for the firms expenditure and benefits, and therefore they should also be evaluated as investment decisions. It is important to note that investment is the long assets invariably requires large funds to be tied up in the current assets such as inventories and receivables. As such, investment in fixed and current assets is one single activity. A D Mamatha | Dr. P. Basaiah "A Study on Capital Budgeting at Bharathi Cement Ltd" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-6 , October 2020, URL: https://www.ijtsrd.com/papers/ijtsrd33161.pdf Paper Url: https://www.ijtsrd.com/management/other/33161/a-study-on-capital-budgeting-at-bharathi-cement-ltd/a-d-mamatha
“Working Capital Management and Firms Financial Performance of Oil Companies ...IOSRJBM
The research examined the connection amid Working Capital Management (WCM) in addition to Financial Performance of Oil companies in Nigeria. The Quasi-Experimental design was employed. The hypotheses were tested by using the Pearson Product Moment Correlation (PPMC). Data analysis results point to that of a progressive and perfectly substantial relationship amongst investing and financing rules and Return on Assets (ROA) exists; a neutral and minor relationship amid both financing and investing policies and earnings per share (EPS) exists. Furthermore, there is an insignificant but undesirable relationship amongst investing and financing rules and return on equity (ROE). Conclusively, WCM impacts performance of Nigerian firms primarily from the domain of ROA. It is recommended amongst others that the comprehensive appraisal of fiscal performance trends and WCM framework; Firms in the sector should establish adequate benchmarks of working assets components in order for emerging obligations to be met adequately.
A critical analysis of funds management in selected cement industries [www.wr...WriteKraft Dissertations
We started this Academic Writing Help in the year 2011.Writekraft Research & Publication: www.writekraft.com 1000s of students have graduated across the globe from our in-depth research.
We help students with the following services:
1. Thesis Writing (from 50 pages and above)
2. Dissertation writing
3. Research Writing for Publishing
4. Data Analysis
5. Research Proposal Writing
6. Study Plan
7. Plagiarism Report
Contact us at admin@writekraft.com OR call us on +917753818181, +919838033084
The charges are fair and we allow negotiations as per the student’s budget. You can also inbox me for more direction.
Analysis of Financial Statement of SNGCMaaz HaCeeb
Analysis of Financial Statement of SNGC to determined the financial position of the company and also compared it with their previous year whether company progress increases or decreases
A Study on Capital Budgeting at Bharathi Cement Ltdijtsrd
The investment decision of a firm are generally known as the capital budgeting, or capital budgeting decisions may be defined as the firms decisions to invest its current funds most efficiently in the long term assets anticipation of an expected flow of benefits over a series of years .The long term assets are those that affect the firms operations beyond the one year period .The firm’s investment decisions would generally include expansion, acquisition, modernization and replacement of the long term assets. Sale of a division or business is also as an investment decision. Decisions like the change in the methods of sales distribution, or an advertisements campaign or a research and development programmes have long term implications for the firms expenditure and benefits, and therefore they should also be evaluated as investment decisions. It is important to note that investment is the long assets invariably requires large funds to be tied up in the current assets such as inventories and receivables. As such, investment in fixed and current assets is one single activity. A D Mamatha | Dr. P. Basaiah "A Study on Capital Budgeting at Bharathi Cement Ltd" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-6 , October 2020, URL: https://www.ijtsrd.com/papers/ijtsrd33161.pdf Paper Url: https://www.ijtsrd.com/management/other/33161/a-study-on-capital-budgeting-at-bharathi-cement-ltd/a-d-mamatha
“Working Capital Management and Firms Financial Performance of Oil Companies ...IOSRJBM
The research examined the connection amid Working Capital Management (WCM) in addition to Financial Performance of Oil companies in Nigeria. The Quasi-Experimental design was employed. The hypotheses were tested by using the Pearson Product Moment Correlation (PPMC). Data analysis results point to that of a progressive and perfectly substantial relationship amongst investing and financing rules and Return on Assets (ROA) exists; a neutral and minor relationship amid both financing and investing policies and earnings per share (EPS) exists. Furthermore, there is an insignificant but undesirable relationship amongst investing and financing rules and return on equity (ROE). Conclusively, WCM impacts performance of Nigerian firms primarily from the domain of ROA. It is recommended amongst others that the comprehensive appraisal of fiscal performance trends and WCM framework; Firms in the sector should establish adequate benchmarks of working assets components in order for emerging obligations to be met adequately.
A critical analysis of funds management in selected cement industries [www.wr...WriteKraft Dissertations
We started this Academic Writing Help in the year 2011.Writekraft Research & Publication: www.writekraft.com 1000s of students have graduated across the globe from our in-depth research.
We help students with the following services:
1. Thesis Writing (from 50 pages and above)
2. Dissertation writing
3. Research Writing for Publishing
4. Data Analysis
5. Research Proposal Writing
6. Study Plan
7. Plagiarism Report
Contact us at admin@writekraft.com OR call us on +917753818181, +919838033084
The charges are fair and we allow negotiations as per the student’s budget. You can also inbox me for more direction.
Analysis of Financial Statement of SNGCMaaz HaCeeb
Analysis of Financial Statement of SNGC to determined the financial position of the company and also compared it with their previous year whether company progress increases or decreases
An Evaluation of the Financial Performance Analysis at Rane Brake Lining Limi...ijtsrd
This study examines the determinants of financial statement analysis in Rane Brake Lining Limited, Puducherry. Specifically, the study investigates the financial performance of the company. For the study we have collected secondary data from last three years 2017 to 2019. The main objectives of the study to understand the company financial strength during the study period. The financial statement includes balance sheet, income statement and cash flow statement. It has evaluated using methods of horizontal analysis like comparative statement analysis. In the present study the financial performance profitability, liquiduity, solvency and activity status of the Rane Brake Lining Limited, Puducherry. The results of data analysis, liquidity and activity ratio to be found in good position. According to data analysis, recommendations have been given to ensure the company`s revenue and reduce liabilities. All the recommendation and suggestions were made according to key ratios which will directly influence company`s financial performance. Ms. Bakyalakshmi. K | Dr. Sinouvassane. N "An Evaluation of the Financial Performance Analysis at Rane Brake Lining Limited, Puducherry" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-6 , October 2019, URL: https://www.ijtsrd.com/papers/ijtsrd29208.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/29208/an-evaluation-of-the-financial-performance-analysis-at-rane-brake-lining-limited-puducherry/ms-bakyalakshmi-k
Balkrishna Industries Q4FY14 operating performance was better than estimate on account of higher than expected volume growth at 19.8% during the quarter. Strong topline led to a 450bps YoY improvement in EBITDA margins to 25.8% with EBITDA for the quarter.
India Equity Analytics today by Narnolia Securities Limited. We recommended Reliance and Emami Ltd to BUY the stock with target price of Rs 1040 and Rs635 respectively. Also book profit on Kotak bank stock.
Ranbaxy's 5QFY14 results were below estimates. Revenue was flat YoY at INR24.7b, while EBITDA declined 7% YoY to INR1.5b, with EBITDA margin at 6.1%. Reported loss stood at INR738m
A Study on Predicting the Profit Growth with Finacial Ratios on Kalyani Steel...ijtsrd
One of the information contained in the financial statements used to determine the success or failure of a company is profit. This study aims to examine the effect of financial ratios in predicting the profit growth. The variables in this study consisted of current ratio CR , debt to equity ratio DER , ratio of Total Asset Turnover TATO activity, net profit margin ratio NPM and profit growth as the dependent variable. The population in this study were real estate and property companies listed on the Indonesia Stock Exchange for the period 2015 2017. The samples from this study were 24 companies. Analysis of this study uses a linear regression method consisting of 2 variables, namely the dependent variable and the independent variable. The results showed that Current Ratio CR , and Debt to Equity Ratio DER had no effect in predicting Profit Growth, but Total Asset Turnover TATO and Net Profit Margin NPM had a positive effect in predicting profit Growth. Dodagatta Roja | Dr. P. Basaiah "A Study on Predicting the Profit Growth with Finacial Ratios on Kalyani Steel Pvt, Ltd at Koppal (D), Karnataka" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-6 , October 2022, URL: https://www.ijtsrd.com/papers/ijtsrd51832.pdf Paper URL: https://www.ijtsrd.com/humanities-and-the-arts/education/51832/a-study-on-predicting-the-profit-growth-with-finacial-ratios-on-kalyani-steel-pvt-ltd-at-koppal-d-karnataka/dodagatta-roja
Financial ratios are an important technique of the financial analysis of a business organization. Effective financial management is the key to running a financially successful business. Ratio analysis is critical for helping you understand financial statements, for identifying trends over time, and for measuring the overall financial health of your business. Lenders and potential investors often rely on ratio analysis for making lending and investing decisions. This book aims to not only develop an understanding of the concepts of financial ratios but also to provide the students a practical insight into the application of financial ratios for decision making and control. It analyzes the financial statements of corporate enterprises in India in diverse sectors with the help of financial ratios in order to facilitate the learning process. S. Nasreen | Dr. D. Varalakshmi "Study on Ratio Analysis" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-6 , October 2020, URL: https://www.ijtsrd.com/papers/ijtsrd33564.pdf Paper Url: https://www.ijtsrd.com/management/accounting-and-finance/33564/study-on-ratio-analysis/s-nasreen
An Evaluation of the Financial Performance Analysis at Rane Brake Lining Limi...ijtsrd
This study examines the determinants of financial statement analysis in Rane Brake Lining Limited, Puducherry. Specifically, the study investigates the financial performance of the company. For the study we have collected secondary data from last three years 2017 to 2019. The main objectives of the study to understand the company financial strength during the study period. The financial statement includes balance sheet, income statement and cash flow statement. It has evaluated using methods of horizontal analysis like comparative statement analysis. In the present study the financial performance profitability, liquiduity, solvency and activity status of the Rane Brake Lining Limited, Puducherry. The results of data analysis, liquidity and activity ratio to be found in good position. According to data analysis, recommendations have been given to ensure the company`s revenue and reduce liabilities. All the recommendation and suggestions were made according to key ratios which will directly influence company`s financial performance. Ms. Bakyalakshmi. K | Dr. Sinouvassane. N "An Evaluation of the Financial Performance Analysis at Rane Brake Lining Limited, Puducherry" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-6 , October 2019, URL: https://www.ijtsrd.com/papers/ijtsrd29208.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/29208/an-evaluation-of-the-financial-performance-analysis-at-rane-brake-lining-limited-puducherry/ms-bakyalakshmi-k
Balkrishna Industries Q4FY14 operating performance was better than estimate on account of higher than expected volume growth at 19.8% during the quarter. Strong topline led to a 450bps YoY improvement in EBITDA margins to 25.8% with EBITDA for the quarter.
India Equity Analytics today by Narnolia Securities Limited. We recommended Reliance and Emami Ltd to BUY the stock with target price of Rs 1040 and Rs635 respectively. Also book profit on Kotak bank stock.
Ranbaxy's 5QFY14 results were below estimates. Revenue was flat YoY at INR24.7b, while EBITDA declined 7% YoY to INR1.5b, with EBITDA margin at 6.1%. Reported loss stood at INR738m
A Study on Predicting the Profit Growth with Finacial Ratios on Kalyani Steel...ijtsrd
One of the information contained in the financial statements used to determine the success or failure of a company is profit. This study aims to examine the effect of financial ratios in predicting the profit growth. The variables in this study consisted of current ratio CR , debt to equity ratio DER , ratio of Total Asset Turnover TATO activity, net profit margin ratio NPM and profit growth as the dependent variable. The population in this study were real estate and property companies listed on the Indonesia Stock Exchange for the period 2015 2017. The samples from this study were 24 companies. Analysis of this study uses a linear regression method consisting of 2 variables, namely the dependent variable and the independent variable. The results showed that Current Ratio CR , and Debt to Equity Ratio DER had no effect in predicting Profit Growth, but Total Asset Turnover TATO and Net Profit Margin NPM had a positive effect in predicting profit Growth. Dodagatta Roja | Dr. P. Basaiah "A Study on Predicting the Profit Growth with Finacial Ratios on Kalyani Steel Pvt, Ltd at Koppal (D), Karnataka" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-6 , October 2022, URL: https://www.ijtsrd.com/papers/ijtsrd51832.pdf Paper URL: https://www.ijtsrd.com/humanities-and-the-arts/education/51832/a-study-on-predicting-the-profit-growth-with-finacial-ratios-on-kalyani-steel-pvt-ltd-at-koppal-d-karnataka/dodagatta-roja
Financial ratios are an important technique of the financial analysis of a business organization. Effective financial management is the key to running a financially successful business. Ratio analysis is critical for helping you understand financial statements, for identifying trends over time, and for measuring the overall financial health of your business. Lenders and potential investors often rely on ratio analysis for making lending and investing decisions. This book aims to not only develop an understanding of the concepts of financial ratios but also to provide the students a practical insight into the application of financial ratios for decision making and control. It analyzes the financial statements of corporate enterprises in India in diverse sectors with the help of financial ratios in order to facilitate the learning process. S. Nasreen | Dr. D. Varalakshmi "Study on Ratio Analysis" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-6 , October 2020, URL: https://www.ijtsrd.com/papers/ijtsrd33564.pdf Paper Url: https://www.ijtsrd.com/management/accounting-and-finance/33564/study-on-ratio-analysis/s-nasreen
A Study on Working Capital Management with Reference to the India Cements Ltdijtsrd
Financial management basically deals with rising of financial resources and its proper allocation in order to maximize share holders wealth. For a successful running of an organization fixed and current assets play crucial role as organization generally invests in this options. A firm’s working capital consists of its investments in short term assets like cash and bank balance, inventories, receivables and short term investments. Therefore the working capital management’s mainly refers to the management of all this individual current assets. In this research paper an attempt has been made to study the components of working capital and the possible implications of working capital management policies on profitability of India cements ltd. The study is based on secondary data collected from annual reports of India cements ltd for the period 2015 16 to 2019 20. In this paper there is an application of ratio analysis to identify the significant impact of working capital management on the profitability. Gogula Nagarjuna | Dr. P Basaiah "A Study on Working Capital Management with Reference to the India Cements Ltd" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, URL: https://www.ijtsrd.com/papers/ijtsrd45114.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/45114/a-study-on-working-capital-management-with-reference-to-the-india-cements-ltd/gogula-nagarjuna
FINANCIAL STATEMENT ANALYSIS OF DELHI TRANSCO LIMITED LakshayKumar43
1. To examine and analyze the Financial Statements of Delhi Transco Ltd.
2. To investigate the profitability of the company with the help of different Ratios.
3. To examine the financial position of the company with the help of solvency ratios.
Financial Management is the specific area of finance dealing with the financial decision corporations make, and the tools and analysis used to make the decisions. The discipline as a whole may be divided between long-term and short-term decisions and techniques. Both share the same goal of enhancing firm value by ensuring that return on capital exceeds the cost of capital, without taking excessive financial risks.
Financial Management is the specific area of finance dealing with the financial decision corporations make, and the tools and analysis used to make the decisions. The discipline as a whole may be divided between long-term and short-term decisions and techniques. Both share the same goal of enhancing firm value by ensuring that return on capital exceeds the cost of capital, without taking excessive financial risks.
1. To examine and analyze the Financial Statements of Delhi Transco Ltd.
2. To investigate the profitability of the company with the help of different Ratios.
3. To examine the financial position of the company with the help of solvency ratios
A Study on Working Capital Management of Bharathi Cement Corporation Ltdijtsrd
Working capital is that amount of funds which is requiring carrying out the day to day transactions of an enterprise whether big or small. It may also regard as that position of an enterprise total capital which is employed in its short term operations those operations consist of primarily such items such as raw materials, semi finished goods, finished goods, sundry debtors, short term investments etc. Thus working capital also refers to all the short term assets known as current assets used in day to day operations of an organizations Working capital sometimes called as networking capital is represented by the excess of current assets over the current liabilities and identifies the relatively liquid portion of total enterprise capital which constitutes a margin of buffer for maturing obligations with in the ordinary operating cycle of the business. The accounting principles of board of the American institute of certified public accountants. The main objective of the working capital management is to evaluate the company inventory position to analyze the company current ratio and liquidity ratios to analyze the company gross working capital and networking capital position and to identify the growth of inventory and net sales of the company to analyze the company performance the main tools and techniques which are used in this analysis are bar diagram, tables, ratio analysis and working capital changes. N. Deepika Aryan | Dr P. Basaiah "A Study on Working Capital Management of Bharathi Cement Corporation Ltd" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, URL: https://www.ijtsrd.com/papers/ijtsrd45164.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/45164/a-study-on-working-capital-management-of-bharathi-cement-corporation-ltd/n-deepika-aryan
A Study on Financial Statement Analysis at Siflon Drugs Anantapurijtsrd
The process of Financial Statement Analysis includes various steps like ratio analysis, trend analysis, comparative statement analysis, schedule of changes in working capital, common size percentages, fund analysis, etc. Financial statement analysis refers to an assessment of the viability, stability and profitability of a business, sub business or project. The main objective of any financial analysis or financial statement analysis will be assessing corporate excellence, judging creditworthiness, forecasting bond ratings, predicting bankruptcy, and assessing market risk. M. Priyanka | Dr. P. Basaiah "A Study on Financial Statement Analysis at Siflon Drugs Anantapur" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-6 , October 2022, URL: https://www.ijtsrd.com/papers/ijtsrd51894.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/51894/a-study-on-financial-statement-analysis-at-siflon-drugs-anantapur/m-priyanka
A Study on Financial Performance in Kumbakonam Mutual Benefit Fund Limitedijtsrd
The title of this project is an “A study of financial performance of KUMBAKONAM MUTUAL BENEFIT FUND LTD., and this is solely an internal analysis of the organization. The project aims at analysing the operating efficiency using ratio analysis and to suggest measures for improving the operating efficiency of the company. The source of data collection for this study includes primary and secondary data, particularly balance sheet profit and loss accounts collected from the organization was carried out and studies. Keerthana V | R. Rengarajan "A Study on Financial Performance in Kumbakonam Mutual Benefit Fund Limited" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-3 , April 2020, URL: https://www.ijtsrd.com/papers/ijtsrd30616.pdf Paper Url :https://www.ijtsrd.com/management/accounting-and-finance/30616/a-study-on-financial-performance-in-kumbakonam-mutual-benefit-fund-limited/keerthana-v
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad, Mandi Bah...Amil Baba Dawood bangali
Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
1. e-ISSN: 2582-5208
International Research Journal of Modernization in Engineering Technology and Science
Volume:02/Issue:07/July -2020 Impact Factor- 5.354 www.irjmets.com
www.irjmets.com @International Research Journal of Modernization in Engineering, Technology and Science
[1146]
AN EDUCATION ON FUNCTIONING CAPITAL MANAGEMENT
FOR SALEM CEAT RUBBER FACTORY
N. Hariharan*1
B.com Cs Second year, Parvathy’s arts and Science College, Wisdom city, Dindigul
ABSTRACT
The character of industrial sector is very critical for a developing nation like India. India is going through a phase of
rapid development and growth. The Indian Tire Industry plays a key role in national economy by generating substantial
revenue for the state and central government. The industry is highly split with a number of players of global standard.
In terms of quantity, output and efficiency standard, it competes with foreign industries. This study mainly focuses on
Working Capital Management of selected tire companies in India. The study attempts to review the origin and growth
of selected tire company. Profit and Loss account, Balance sheet and some of the important key ratios are taken for
working capital management study.
Keywords : Capital, Plant, Management, Employed.
I. INTRODUCTION
In India, there are 45 tire firms and 60 tire plants. The annual turnover is about Rs. 56,000 Cores, its exports Rs. 5,900
Cores. The industry concentration in turnover is about 21 large company’s contribution. The role made by the industrial
sector in India’s real gross domestic product has increased over the years. However, the rate of growth has not been at
par with outlooks. In the planning process of India’s economic development a lot of weight was given on the heavy
industries and this led to larger hopes.
II. STATEMENT OF THE PROBLEM
Employed capital decisions provide a typical example of the risk-return nature of financial conclusion making.
Increasing a firm’s net working capital, current assets less current liabilities, reduces the risk of a firm not being able to
pay its bills on time. This at the same time reduces the overall productivity of the firm. Working capital organization
involves the risk-return trade-off: not taking additional risk unless remunerated with additional returns. The presence of
a firm depends on the ability of its management to manage the firm’s working capital. Working capital management
involves the process of converting investment in inventories and accounts receivables into cash for the firm to use in
paying its operative bills. On this background the researcher has made an attempt to analyze the working capital
management of MRF tires which was the leading tire industrial company in India.
III. OBJECTIVES OF THE STUDY
➢ To study the reasonable Balance Sheet and Profit and Loss account of study unit.
➢ To prediction the trend in Occupied Capital, Net Profit, Sales, Current Asset.
➢ To outline the profile of Madras Rubber Factory
➢ To study the Liquidity and productivity position of the study unit
➢ This study is accepted with the following objectives;
➢ To study and analysis the vagaries in Working Capital of the study unit
IV. METHODOLOGY OF THE STUDY
Research Design
The scholar has used Analytical Research Design for the study.
Nature and Source of Data
The homework is based on insignificant data. Data related to profit and loss account, balance sheet and other key ratios
were composed from the available annual reports of selected tire company. The data has been composed from the website
of the selected study units.
Tools for analysis
➢ Ratio Analysis
➢ Statement of changes in Working Capital
➢ Simple Index Number
➢ Trend Analysis
2. e-ISSN: 2582-5208
International Research Journal of Modernization in Engineering Technology and Science
Volume:02/Issue:07/July -2020 Impact Factor- 5.354 www.irjmets.com
www.irjmets.com @International Research Journal of Modernization in Engineering, Technology and Science
[1147]
V. ANOVA MARGINS OF THE STUDY
➢ The study is based on the financial statement of the company for the past five years. Hence it is limited to the details
available in the financial report.
➢ Time value of money was not considered for the analysis
➢ There are various divisions under this organization and the profitability statements of each division could not be
obtained, as it is a tedious process.
➢ Findings of the study are based on the information retrieved by the selected unit.
➢ There may be some fractional difference in the calculated ratios
➢ This study is based on the historical data and information provided in the annual reports therefore it may not be a
future indicator
VI. ANALYSIS AND EXPLANATION
Table 1: Current Ratio of the CEAT tiers
YEAR CURRENT ASSETS (Rs) CURRENT LIABLITIES (Rs) CURRENT RATIO
2015 2003.71 1039.9 1.93
2016 1695.98 966.41 1.75
2017 2117.27 1202.25 1.76
2018 3160.49 2318.22 1.36
2019 3459.11 2488.51 1.43
Explanation
The supreme current ratio is 2:1. The CEAT Tire Company is around maintaining ideal current ratio from 2015 to 2017.
But the company’s current ratio decreased in the last two years because of increased current liabilities. The highest
current ratio was 1.93 in the year 2016. A high current ratio is a freshman that the firm will have adequate funds to pay
current liabilities.
Table 2: Quick Ratio of the CEAT tiers
Explanation
The Shiftless quick asset ratio is 1:1. The above table shows that the MRF tire company about maintaining in the year
2015 and 2016. In the last three years the company has decreased quick ratio because of increased current liabilities. It
means quick assets are less than current liabilities.
Table 3: Net Working Capital Ratio of the CEAT Tires
YEAR SALES NET WORKING CAPITAL (Rs) RATIO
(TIMES)
2015 5060.81 656.49 7.71
2016 5679.57 323.69 17.55
2017 7462.74 772.19 9.66
2018 9716.54 571.87 16.99
2019 1185.68 627.27 18.89
YEAR QUICK ASSETS (Rs) CURRENT LIABLITIES (Rs) QUICK RATIO
2015 1019.43 1039.9 0.98
2016 1045.22 966.41 1.08
2017 1006.05 1202.25 0.84
2018 1633.21 2318.22 0.71
2019 1833.52 2488.51 0.72
3. e-ISSN: 2582-5208
International Research Journal of Modernization in Engineering Technology and Science
Volume:02/Issue:07/July -2020 Impact Factor- 5.354 www.irjmets.com
www.irjmets.com @International Research Journal of Modernization in Engineering, Technology and Science
[1148]
Explanation
The above table shows the CEAT Tire Company’s working capital turnover ratio. In 2015 and 2017 the company has
very low working capital ratio; it indicates lower operation of working capital. In the year 2019 the company has higher
working capital ratio it means the company well operation of working capital.
VII. RESULTS AND DISCUSSIONS
Ratio Analysis
➢ From the study, it is found that in the Financial Year 2016 the highest Current Ratio is 1.93. The lowest value is 1.36
in the year 2018.
➢ In the Financial Year 2009 the highest value of Quick Ratio is 1.08. The Lowest value is 0.70 in the year 2018.
➢ In the Financial Year 2016 the highest value of Debtors Turnover Ratio is 9.79. The Lowest value is 7.43 in the year
2018
➢ In the Financial Year 2017 the highest value of Current Asset Turnover Ratio is 3.52. The Lowest value is 2.53 in
the year 2015.
➢ In the Financial Year 2019 the highest value of Working capital Turnover Ratio is 18.89. The Lowest value is 7.71
in the year 2015.
➢ In the Financial Year 2018 the highest value of Fixed Asset Ratio is 6.08. The Lowest value is 4.07 In the year 2016.
➢ In the Financial Year 2015the highest value of Debit-Equity Ratio is 0.86. The Lowest value is 0.22 in the year
2016.
➢ In the Financial Year 2016 the highest value of Operating Profit Ratio is 12.42. The Lowest value is 8.37 in the year
2018.
➢ In the Financial Year 2018 the highest value of Net Profit Ratio is 6.37. The Lowest value is 2.81 in the year 2015.
➢ In the Financial Year 2016 the highest value of Expenses Ratio is 8.24. The Lowest value is 6.19 in the year 2019.
Statement of changing in Working Capital
➢ The Net Decrease in Working Capital of Rs.418.35crores in the year 2016 when compared with the year 2015
➢ The Net Increase in Working Capital of Rs.453.03crores in the year 2017 when compared with the year 2016.
➢ The Net Decrease in Working Capital of Rs.104.16crores in the year 2018 when compared with the year 2017.
➢ The Net Increase in Working Capital of Rs101.36crores in the year 2019 when compared with the year 2018
Simple Index Number
➢ Simple index number for current asset increase in the year 2019 is 172.63% compared with the all previous year.
➢ Simple index number for inventories increase in the year 2019 is 167% and decrease is 66% in the year 2016.
➢ Simple index number for sundry debtors increase in the year 2019 is 238.36% and decrease is 95.08% in the year
2016.
➢ Simple index number for Working Capital increase in the year 2017 is 117.62% and decrease is 49.31% in the year
2016.
➢ Simple index number for Sales increase in the year 2019 is 234% and decrease is 112% in the year 2016.
➢ Simple index number for Profit before tax increase in the year 2019 is 416% and decrease is 199% in the year 2016.
Trend Analysis
✓ Future projection of trend Analysis for current asset is increased to Rs.3799.90crores.
✓ Future projection of trend Analysis for sales is increased to Rs.13239.08crores.
✓ Future projection of trend Analysis for Working Capital is increased to Rs.647.22crores.
✓ Future projection of trend Analysis for Net profit is increased to Rs.755.97crores.
VIII. ANOVA
✓ The current ratio of the MRF Tire Company is greater than the Apollo Tire Company’s Current ratio compare with
the five year current ratio.
✓ The Net profit ratio of the MRF Tire Company is little more than the Apollo Tire Company’s Net profit ratio
comparing with the five year Net profit ratio.
✓ The MRF Tire Company and Apollo Tire Company’s Debit-equity ratio is same in the five year Debit equity ratio.
✓ The Working Capital ratio of MRF Tire Company and Apollo Tire Company’s is same in the five year working
capital ratio.
4. e-ISSN: 2582-5208
International Research Journal of Modernization in Engineering Technology and Science
Volume:02/Issue:07/July -2020 Impact Factor- 5.354 www.irjmets.com
www.irjmets.com @International Research Journal of Modernization in Engineering, Technology and Science
[1149]
IX. SUGGESTIONS
✓ To improve corporate profitability through efficient management of working capital, MRF Tiers Ltd. should:
✓ Optimize working capital investments to avoid over investment with its attendant inventory costs, lost returns on
excess cash holdings and receivables; and under investment with its attendant stock-out, liquidity and bad debts
costs;
✓ Appraise investments in working capital using capital investment models, determining ahead the viability of such
investment;
✓ Ascertain and compare working capital costs and benefits to determine the existence of gains if any before investment
in the proposed working capital;
✓ Update their information on accounts payables and receivables as a reminder to ensure prompt payments for bills
when due eliminating additional financial costs;
✓ Concentrate working capital decisions to optimize investments in them and ensure proper planning /forecasting and
control;
✓ Focus on cash flows, quick collection systems and discounts to improve on their working capital positions and
operational efficiency;
✓ Periodically evaluate receivables and liquidity management processes to determine their effectiveness and
efficiency, and where necessary changes put in place; and
✓ Base working capital decisions on the net effects of such decisions on cash flow and profitability of the firm for
optimal decision making.
X. CONCLUSION
Working Capital Organization is important part firm in financial management decision. The present study point out that
the overall position of the working capital of MRF Tiers Ltd is satisfactory, but there is a need for improvement in
certain factors. The major portion of the current assets is in the firm of Inventory. The investment in current assets should
consider liquidity profitability and solvency. The companies should also try to maintain adequate quantum of liquidity
all the times by keeping considerable proportion of various components of the working capital in relation to the overall
current assets. It is very important to trade-off between liquidity and profitability by properly arranging the needed funds
at right time, period and source.
XI. REFERENCES
[1] Management Accounting principles and practices - Shashi K Gupta and R K Sharma
[2] Management Accounting- Jain and Khan
[3] Research Methodology- C R Kothari
[4] Robert H. Wessles Principles of Financial Analysis -A Study of Financial Management the Macmillan Company
New York 1961.
[5] L.J.Gitman’ Principle of managerial Finance (New York: Horper and Row Publishers 1976)
[6] www.mrftyres.com
[7] www.moneycontrol.com
[8] www.ijmds.com
[9] www.en.wikipedia.org