tages successively cycle. [17, sec. 143] first stage occurs in the sphere of circulation, when the working capital in the form of funds allocated to the company at the time of its organization or received while carrying on oral products used to purchase production. In the second phase cycle inventory without indirectly involved in the production process and after its completion host commodity form, that is re walk from the sphere of production and circulation areas. Treiya. last, stage of cycle flows in circulation when the working capital in the process of product from commodity form again go into cash. Admission to the account of the enterprise is the final point of circulation. Feature working capital cycle lies in the fact that. making a turnover, working capital at each moment are in all three forms. Delay movement of funds for any phase of the cycle breaks normal course of production and causes difficulties in finansovomi position of the enterprise. [6, c. 80] Funds consist of three parts:
Industrial supplies;
Work in progress and semifinished products of own manufacture;
Expenses of future periods. Production Inventory
is the subject of work that are not yet involved in the production process and are at under run enterprises in the form of stocks.production and semi-finished products of own production of it that has not yet passed all siadiy processing. Deferred expenses is nerechovi elements of current assets, which include the cost of training and development of new products, taking place in this period but will be repaid in the future. Turnover of business assets in their movement are also associated with the funds circulation serving the sphere of circulation. They include the end products, finished products, which is shipped and in transit, cash in current and other accounts, cash in pending settlements, including accounts receivable and cash on hand. [6, c. 81] circulation - is the residue of finished products in stock companies shipped but not paid for the goods and the balances of enterprises on the current account at a bank office, in the calculation of receivables and enclosed in a short-term securities. Some practical importance are identification and evaluation of the structure of current assets. They (the funds) are used more efficiently when their greater part is occupied in the production. Stay current assets in circulation - only a necessary condition for the continuity of the process of reproduction, but this part of the enterprise funds is not directly involved in establishing the value of manufactured products. [5, p .. 151] of working capital - a share of the cost of certain articles of current production assets and funds in the total turnover of working capital. Structure of working capital is considerable variation in individual sectors of the economy. It depends on the composition and structure...
