A Study of Assets Turnover of Selected Electrical Companies of India
Keywords:
Electricals companies, Assets Turnover, Working CapitalAbstract
Creditors and shareholders invest their money for investing in assets of business and so they are interested in knowing the efficiency and speed with which the assets are converted into sales. Some proportion must be maintained between sales and total assets. If this is not the case it can be said that there is imbalance somewhere in business. Present research paper the researcher has made attempt to study analysis assets turnover of seven electrical companies of India. Namely- Bajaj ltd, Bhel ltd, Havells ltd, khaitan ltd, Wipro ltd, Surya Roshni ltd, Kirloskar ltd. The paper is purely based on secondary data collected from annual report of seven electrical companies. The researcher has presented brief concept of assets turnover and data is mentioned in respective tables after presenting data in respective tables its analyses an interpretation is mention.
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References
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J R Monga, Girish Ahuja, Ashok Sehgal, (1994), Advanced Accounting, Volume II, Mayoor paperbacks, Noida. p.664