IMPACT OF WORKING CAPITAL MANAGEMENT (LIQUIDITY AND SOLVENCY) ON PROFITABILITY IN SELECT CEMENT COMPANIES OF MEGHALAYA
Keywords:
Working Capital, Working Capital Management, Profitability, Liquidity , SolvencyAbstract
The objective of this research is to find out empirical impact of the relationship between working capital management (liquidity and Solvency) and profitability of Meghalaya cement sector. For regard this research adopted quantitative method of research approach to test a research hypothesis. The survey use rations of 5 listed cement companies in Meghalaya during the period of 2005-06 to 2014-15. The result of study showed that there is significant negative relationship between working capital management on profitability of the firms.
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