Introduction:Kota Fibres, Ltd. is one of India textile fictitious character manufactures that total nylon fiber to domestic textile mills which make saris, the tralatitious women?s dress. lining demand of India?s female commonwealth of 500 million, the saris effort consumes 12 billion yards of fabric, and the mart brave out ins a steady 15% annual emersion. Kota Fibres has been run as a family business by Ms. Pundir and her family since 1962. In the year of 2000, Kota Fibres eruptperform market sightly by growing sales revenue of 18% and achieved INR 2.6 million in net profit. Despite healthy growth of Kota Fibres? revenue, Pundir found come to the fore that the company was facing a serious property return issue. The company was virtually halt operation due to other overdraw from its bank account. Pundir must get spare loans from desire to keep the company operating. In this paper, we will assist Pundir to general anatomy out the issues Kota Fibres is confrontin g, and to drill a plan to deal with the issues by cutting inventories, minify account payable, gaining new sales revenue, and the well-nigh important of all, to puzzle out out a reasonable money receipts and disbursements agendum and balance sheet to convince the bank to grand additional loan. Problem Statement:The biggest issue is that Kota Fibres is out of cash on early January. Ms.
Pundir has questioned her bookkeeper and us how could a advantageous and growing tighten face such critical cash flow issue. We motif to look into several areas on natures of how nylon fiber business operates in India. The yarn manufactu res like Kota Fibres are in very upstream in! India?s textile fabrication and is the essential fiscal source to issue quotations to keep downstream businesses running. Kota Fibres has to keep an average of 45 days credit for its customers in order to... If you involve to get a spacious essay, order it on our website:
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