What is Knitted Fabric

What is knitted fabric?

Knitted fabric

Knitted fabrics provide comfortable wear to almost any garment. For making comfortable wear we first think about knitted garments. Though it has an open structure so most of the knitted garments contour to the body’s silhouette. That’s why knitted garments are so much popular as inner-wear, bodywear, and sportswear.

what is knitted fabric

A nice comfortable wear made by knitted fabric

Types of knitted fabric

There are basically two types of knit fabrics.

  1. Weft knits
  2. Warp knits

Weft knits

Weft knitting is the simplest method of converting a yarn into fabrics. In weft, knitting loops are made in a horizontal way from a single yarn. In this way, inter-meshing of loops take place in a circular or flat form on a crosswise basis. Most of the weft knitting is of tubular form.

Weft Knitting

Weft Knitting

Warp knits

In warp knits yarn zigzag along the length of the fabric. In warp knits the number of stitches in a row is equal of the number of separate strands of yarn. It is almost done by machine, not by hand.

Warp Knitting

Warp Knitting

Written By

Engineer Sheikh Nurja

B.Sc engineer of textile

Principles of Finance

Principles of Finance

Principles act as a guideline for the investment and financing decision. Financial managers take operating, investment and financing decisions, some of this related with short term and some long term.

Before discussing principles of finance let’s have some idea about finance, is the process of collecting funds and ensures proper utilization of funds. Many people say that finance is the management of funds and those are responsible for managing this fund are financial managers.

There are six basic principles of finance, these are:

  • Principles of risk and return
  • Time value of money
  • Cash flow principle
  • Profitability and liquidity
  • Principles of diversity
  • Hedging principle
six principles of finance

Principles of Finance

The principle of Risk & Return

This principle indicates that investors have to conscious both risk and return, because higher the risk higher the rates of return and lower the risk, lower the rates of return. For business financing, we have to compare the return with risk. To ensure optimum rates of return investors need to measure risk and return by both direct measurement and relative measurement.

Time Value of Money

This principle is concerned with the value of money, that value of money is decreased when time pass. The value of dollar 1 of the present time is more than the value of dollar 1 after some time or years. So before investing or taking fund, we have to think about the inflation rate of the economy and required rate of return must be more than the inflation rate so that return can compensate the loss incurred by the inflation.

Cash Flow Principle

This principle mainly talk about the cash inflow and outflow, more cash inflow in the earlier period is preferable than later cash flow by the investors. This principle also follows the time value principle that’s why it prefers earlier more benefit rather than later years benefits.

Profitability & Liquidity Principle

This principle is very important from the investor’s perspective because the investor has to ensure both profitability and liquidity. Liquidity indicates the marketability of the investment i.e. how much easy to get cash by selling the investment. On the other hand, investors have to invest in a way that can ensure maximization of profit with moderate or lower level of risk.

Principles of diversity

This principle helps to minimize the risk by building an optimum portfolio. Never put all your eggs in the same basket because if it falls then all of your eggs will break, so put eggs by separating in a different basket so that your risk can be minimized. To ensure this principle investors have to invest in risk-free investment and some risky investment so that ultimately risk can be lower. Diversification of investment ensures minimization of risk.

Hedging Principle

Hedging principle indicates us that we have to take a loan from appropriate sources, for short-term fund requirement we have to finance from short-term sources and for long-term fun requirement we have to manage fund from long-term sources. For fixed asset financing is to be done from long-term sources.

Written by

Md. Nahian Mahmud Shaikat

Student of MBA

Institute of Business Administration (IBA)

Jahangirnagar University

Email: [email protected]

Facebook: Ördïnärÿ Böÿ

Finance

What is Finance

Finance is concerned with decisions about money i.e. how money or fund will be collected and use in a productive sector properly. Before 1960 it refers only the collection of funds but after that, the idea was changed.

Some People May ask what actually finance is?

Finance is not limited to a collection of funds; it must ensure proper utilization of funds.

finance

What is Finance?

Finance is a lifeblood of every corporation because we cannot do any business activity without the help of finance. Some people say that the overall activities related to planning, organizing, raising, conservation, using and controlling of funds is known as finance.

According to Harvard & Upton, it is that administrative area which is concerned with the arrangement of cash and credit effectively.

It consists of three interrelated areas.

Areas of Finance

  • Money & Capital Market
  • Investments
  • Financial Market

So concluding with the idea, it is not the only collection of fund where the funding cost is lower and then utilizes it to ensure maximum rate of return for the investors. Managing funds is not an easy task but it is management’s responsibility to manage the funds which can ensure the substantial growth of a company.