The planning and control of working capital in sick industries need special attention. A thorough analysis of causes for sickness is required for working capital management in sick industry. The Finance manager require to take steps to restructure the working capital requirements and the banks may be approached for need based finance instead of operating on the basis of predetermined [...]
The techniques generally adopted in corporate restructuring and reorganization are shown in figure 18.1: Technique # 1. Joint Ventures: All joint ventures are typically characterized by two or more ventures being bound by a contractual arrangement which establishes joint control. The contractual arrangements establish joint control over the joint venturers. Such an arrangement ensures that no single venturer is in [...]
The following article will guide you to learn about how to calculate standard deviation and coefficient of variation. Standard deviation is a statistical technique used in capital budgeting decisions to determine the variation or deviation from the mean of cash flows of the project. The project with lesser standard deviation in cash flows carries less risk and uncertainty. Risk is [...]