ADEQUACY OR INADEQUACY OF WORKING CAPITAL: ITS IMPORTANCE AND IMPLICATION

 ABSTRACT
     The objective of this study is to evaluate and examine the adequacy or inadequacy of working capital: its importance and implication
The study observed that
A lot of financial institutions have failed and more may still fall due to inadequacy of working capital
Because many financial institutions has quested or fallen some firms has will draw  the confidence they have in putting more effort to progress while the liquidated ones find it different to off set its indebtedness.
In conclusion, the following recommendation more made
Firms that has excess working capital should invest their excess capital in short term investment so that they will not be forced with the adverse effect of excess working capital
Corrective measures should be adopted to the consequences of inadequate or excess working capital in the economy.
TABLE OF CONTENTS
Title page
Approval page
Dedication
Acknowledgement
Contents
CHAPTER ONE
Introduction
Background of study
Statement of problems
Objective of study
Significance of the study
Scope and limitation
Definition of terms
CHAPTER TWO
Literature review
Need for working capital
A balance approach
Component items of working capital
Classification of working capital
Importance of adequate working capital
Excess working capital and its effect
Adequacy of working capital
Implications of inadequacy working capital
CHAPTER THREE
Summary of funding, recommendation and conclusion
Discussion of finding
Conclusion
Recommendation
Bibliography