A Comparative Study of Working Capital Management of Selected Paper Companies in India

Vol-1 | Issue-5 | December-2014 | Published Online: 05 December 2014    PDF ( 131 KB )
Author(s)
P. R. Halani 1

1Assistant Professor, Shri M. P. Shah Commerce College, Surendranagar, Gujarat (India)

Abstract

This research paper describes paper companies is core sector for any of the country. Working Capital Management
has its impact on liquidity as well profitability. The impact on effectiveness and profitability of working capital is tried to find
out by measuring the fluctuation in fixed assets, current assets and sales. The industry plays a vital role in development of
economics of enterprises as well as country. So at this financial appraisal of paper companies will be very useful to many of
its stakeholders. This research paper mainly based on the secondary data. Its main objectives are to evaluate the liquidity
position of the paper companies. For use ratio analysis for accounting tools and statistical tools for getting results like as
average, S.D. C.V. Maximum and Minimum and used One way ANOVA test. Mainly included two ratios in this research
paper like as current ratio and quick ratio.

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