Working Capital Management As A Tool For Cost Reduction And Profit Maximization (a Case Study Of Unilever Nigeria Plc, Lagos State)

ABSTRACT The purpose of this study is to examine and evaluate the working capital management as a tool for cost reduction and profit maximization, a case study of Unilever Nigeria Plc, Lagos State. To this effect, working capital is current assets less current liabilities. This study covers in detail, all aspects of working capital management in a manufacturing companies which includes; cash, inventories, and marketable securities. A total number of 21 personnel staff were chosen as the population of study. This number was later scaled down to a sample size of 20. The sources of data used wer…