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dc.contributor.authorMolloy, Cyrilen
dc.date.accessioned2016-01-14T14:33:50Z
dc.date.available2016-01-14T14:33:50Z
dc.date.issued1994
dc.identifier.citationMolloy, C. (1994). Systems for the control of working capital based on: Fort Motors LTD. Bachelors Final Year Project, Dublin Business School.en
dc.identifier.urihttp://hdl.handle.net/10788/2573
dc.description.abstractThe aim of this project is to produce a report which looks at the application of accounting theory to practice in F 011 Motors Ltd. Fort Motors Ltd. is a Main Ford Dealership located in the Walkinstown area of Dublin. Retail Motor Dealers consist of many departments. Each of these departments each require a level of stocks and or debtors or creditors. Debtors, Inventories and cash and cash equivalents are the components which constitute working capital. The aggregate amount of Inventories plus amounts receivable and cash, minus creditors and payables is known as net current assets or net working capital. The level of the investment in debtors and stocks is dependant on the firms credit policy. Credit policy has an important impact on the volume of sales, and the optimal policy involves a trade off between the costs inherent in various credit policies and the profits generated by higher sales. In the analysis of the company practice there is evidence which suggests that a loose policy of working capital management is the norm in the business. This is not necessarily detrimental to the firm however as the introduction of complicated or even straight forward economic theories may not benefit the company more than the costs incurred.en
dc.language.isoenen
dc.publisherDublin Business Schoolen
dc.rightsItems in Esource are protected by copyright. Previously published items are made available in accordance with the copyright policy of the publisher/copyright holder.en
dc.rights.urihttp://esource.dbs.ie/copyright
dc.subjectFinanceen
dc.titleSystems for the control of working capital based on : Fort Motors LTDen
dc.typeFinal Year Projecten
dc.rights.holderCopyright: The authoren
dc.type.degreenameBA (Hons) Accounting and Financeen
dc.type.degreelevelBA (Hons)en


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