A Study on Financial Management of the Agricultural Implements Manufacturing Units
K. Shivashankaar, J.S. Sonnad, Basavaraja Banakar, R.A. Yeledhalli
Abstract
The study conducted in Hubli-Dharwad revealed that the agriculture implements manufacturing units have good financial structure. On an average, the solvency ratio of these units lies between 1.00 to 1.6. The liquidity ratio ranges from 0.14 to 2.19 and the profitability ratio ranges from 0.01 to 0.048. The turnover ratio ranges from 1.14 to 3.40. The major problems faced by them are infrastructure facility, procurement of raw materials, processing and marketing. In marketing, high transportation cost and high taxation are the major problems. Under infrastructure facilities, irregular supply of electricity is the major problem.
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