Skip to main content

Current assets Managements

By
Current assets Managements - Working Capital Management 

These are the assets that are generated during the course of operation and are capable of converting into cash benefits in a given span of time. It's the responsibility of the finance department to ensure that company has sufficient funds to invest in the current assets otherwise it will hamper the ongoing business operations and may obstruct production. Therefore the department should not block funds in un-necessary activities and should ensure optimal utilization of resources and funds

Comments

Post a Comment

Popular posts from this blog

Mixed trend in spot rubber

By
Mixed trend in spot rubber Description  :  Industry Date  :  Aug-17-2010 The spot rubber yesterday witnessed a mixed trend. Due to the lack of large buying commitments by most of the traders, the market lost its direction in leading grades. The sheet rubber closed unchanged at Rs 184 a kg amidst scattered transactions. Meanwhile, due to the short supply, the latex 60 per cent recovered. The Board's rate remained firm at Rs 183 a kg for RSS 4. The domestic rubber futures of September series surged to touch a high of Rs 177.28 and low of Rs 174.40 a kg for RSS 4. In the international market, RSS 3 fell due to the strengthening of yen against the dollar and on concern that demand for the commodity used to make auto tyres may weaken. On National Multi Commodity Exchange (NMCE), the September series surged to Rs 176.41 (173.55) followed by October to Rs 169.20 (164.63) and November to Rs 166.50 (161.51) while the December series closed its debut trading at Rs 167 ...
Post a Comment
Read more

SBI Life ranked as no.1 insurer for 2010

By
Description  :  Corporate Date  :  Aug-19-2010 SBI Life Insurance has been ranked the No.1 life insurer across the globe for 2010. It is by the Million Dollar Round Table (MDRT) members. Meanwhile, MDRT is an association of the world's best life insurance sales professionals. This, however, is the second consecutive year where SBI Life topped MDRT. In 2010, SBI Life has 2,904 MDRT members, up from the 2,677 in 2009. In the meantime, SBI Life is followed by the US' New York Life and Korea's Samsung Life Insurance in the rankings. The Life Insurance Corporation of India, however, is ranked fourth with 1,218 members. Moreover, MDRT members are recognized as skilled professionals. They are said to be one among the best in the industry. They, however, perform outstanding client service and have achieved the highest standard of sales excellence in the life insurance and financial services business. On the other hand, less than 1% of the world's life ...
Post a Comment
Read more

Decision making on Dividend Policy

By
All the profits that were earned by the organisation on the basis of business performed by the organisation belongs to the owners of the organisation.   However in the case of "Corporate Organisation" shareholders are the owners of the company and so therefore are eligible for the profits in the form of dividends. So far there is no such rule or law that specifies the amount of the profits that should be shared by the way of dividends and how much should be retained by the company. A firm can do both- distribute a part profits and retain other for the ongoing expenses and planning so as to expand the business further and earn more profits. E.g.- A firm can distribute the 50% of profits and retain 50% of profits for the business operations. There are both pros and cons of dividends. Since announcing dividends can withdraw money from the business and hence may affect business operations. On the other hand if a firm do not announce the dividends then it can lose the ...
Post a Comment
Read more