The Working Capital Management study in conducted in a short period. During this period the study may not be detailed in all aspects.
The Project Report on Working Capital management is conducted with the available data gathered from annual reports of Chemical Company and the analysis was made accordingly.
Financial management does not take into account the price level change.
To draw meaningful inferences information on dispersion of data of various firms is required which is not available.
The data secondary in nature being the records and statements. Which experience its own limitations in preparations?
It is only post-mortem of what has happened.
The formula has been used according to the availability of the data.
As adequate data was not able to pool because of the secrecy maintained by the firm, proper justification for the project was not done.
This Final Year MBA study is limited to the ratio analysis of Chemical Company Ltd.
The Project Report is confined to the figures available on paper and files and no physical verification has done.
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