%0 Journal Article
%T ANALYSIS OF NET WORKING CAPITAL ¨C A BASIC TOOL IN BUSINESS FINANCING
%A I. PIRVUTOIU
%A AGATHA POPESCU
%J Lucr£¿ri £¿tiin£¿ifice : Management Agricol
%D 2009
%I 
%X The paper aimed to analyse Net Working Capital, considered to be a basic tool in business financing. The data collected for the period 2005-2007 from Balance Sheet and Profit and Loss Account of an agricultural company dealing with cereal production were used to determine specific ratios .Net Working Capital Statement reached a critical point in the year 2005.The managerial decisions have improved the financial performances. In 2006 and 2007 , the company was able to face short-term debt and upcoming operational expenses, because Working Capital had a positive value and its specific ratios registered corresponding level : Current Assets exceeded Current Liabilities ; the relationship between Net Sales , Tangible Net Worth and Long ¨Cterm Liabilities and Net Working Capital showed an improved financial statement.
%K analysis
%K Net Working Capital
%K business financing
%U http://www.usab-tm.ro/%5CPdf%5C2009%5Cxi3%5Cfinante09_39.pdf