Financial management practices and profitability of drugstores in selected lowland areas of Cavite / by Aileen B. Imperial.

By: Contributor(s): Material type: TextTextLanguage: English Publication details: Indang, Cavite : Cavite State University- Main Campus, 2013.Description: xiii, 59 pages : illustrations ; 28 cmContent type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
Subject(s): DDC classification:
  • 658.15  Im7 2013
Online resources: Production credits:
  • College of Economics, Management and Developmental Studies (CEMDS)
Abstract: MPERIAL, AILEEN BIDAR. Financial Management Practices and Profitability of Drugstores in Selected Lowland Areas of Cavite. Undergraduate Thesis. Bachelor of Science in Business Management major in Financial Management. Cavite State University, Indang, Cavite, November 2013. Adviser: Prof. Ludivinia F. Victorino. This study was conducted to determine the financial management practices and profitability of drugstores in selected lowland areas of Cavite. It aimed to determine the following: (1) socio-demographic characteristics of the managers/owners of the drugstores in selected lowland areas of Cavite; (2) business characteristics of the drugstores in selected lowland areas of Cavite; (3) degree of implementation of financial management practices executed by managers/owners of the drugstores in the areas of cash management, inventory management and financiall reporting and analysis; (4) profitability of the drugstores in selected lowland areas of Cavite; (5) relationship between the socio-demographic characteristics of managers/owners and the business characteristics of the drugstores to the profitability of the drugstores; (6) relationship between the degree of implementation of financial management practices to the profitability of the drugstores; and (7) problems encountered by the managers/owners of the drugstores that may affect their financial management practices. The participants of the study were 47 manager/owner of the drugstores with ages 23-71 years old in selected lowland areas of Cavite namely: Bacoor City, Carmona, Dasmarinas City, General Trias, lmus City, Rosario, and Trece Martires City_ A questionnaire was used to gather data from the participants. Mean, frequency, percentage, range, and standard deviation were used to describe the profile of the participants of this study. Five-point Likert Scale was also used to measure the degree of implementation of financial management practices. In determining the relationship between the socio-demographic characteristics of the managers/owners and the business characteristics of the drugstores, Spearman Rank Correlation, Point Biserial Correlation Coefficient, and Chi Square test were used. The years in operation of the drugstores ranged from 1 year up to 30 years with an initial capital of 20,000 to 1,500,000. Majority of the respondents were still new in the drugstore business. The managers/owners of the drugstore moderately implemented their financial management practices. The profitability of the drugstore was determined by computing the net income, gross profit ratio, net profit ratio, and return on investments. Net income of the drugstore ranged from P6,120 to P3,642,600 Gross profit ratio of the drugstore ranged from 56 percent to 90 percent. Net profit ratio, determine whether the profit is low profitable, average profitable, highly profitable. It was found out that 20 respondents were average profitable in terms of their financial management practices. Return on investment ranged from 5 to 1454.
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Theses / Manuscripts Theses / Manuscripts Ladislao N. Diwa Memorial Library Theses Section Non-fiction 658.15 Im7 2013 (Browse shelf(Opens below)) Link to resource Room use only T-5131 00008164

Thesis ( BS Business Management Major in Financial Management ) Cavite State University.

Includes bibliographical references.

College of Economics, Management and Developmental Studies (CEMDS)

MPERIAL, AILEEN BIDAR. Financial Management Practices and Profitability of Drugstores in Selected Lowland Areas of Cavite. Undergraduate Thesis. Bachelor of Science in Business Management major in Financial Management. Cavite State University, Indang, Cavite, November 2013. Adviser: Prof. Ludivinia F. Victorino.
This study was conducted to determine the financial management practices and profitability of drugstores in selected lowland areas of Cavite. It aimed to determine the following: (1) socio-demographic characteristics of the managers/owners of the drugstores in selected lowland areas of Cavite; (2) business characteristics of the drugstores in selected lowland areas of Cavite; (3) degree of implementation of financial management practices executed by managers/owners of the drugstores in the areas of cash management, inventory management and financiall reporting and analysis; (4) profitability of the drugstores in selected lowland areas of Cavite; (5) relationship between the socio-demographic characteristics of managers/owners and the business characteristics of the drugstores to the profitability of the drugstores; (6) relationship between the degree of implementation of financial management practices to the profitability of the drugstores; and (7) problems encountered by the managers/owners of the drugstores that may affect their financial management practices. The participants of the study were 47 manager/owner of the drugstores with ages 23-71 years old in selected lowland areas of Cavite namely: Bacoor City, Carmona, Dasmarinas City, General Trias, lmus City, Rosario, and Trece Martires City_ A questionnaire was used to gather data from the participants. Mean, frequency, percentage, range, and standard deviation were used to describe the profile of the participants of this study. Five-point Likert Scale was also used to measure the degree of implementation of financial management practices. In determining the relationship between the socio-demographic characteristics of the managers/owners and the business characteristics of the drugstores, Spearman Rank Correlation, Point Biserial Correlation Coefficient, and Chi Square test were used. The years in operation of the drugstores ranged from 1 year up to 30 years with an initial capital of 20,000 to 1,500,000. Majority of the respondents were still new in the drugstore business. The managers/owners of the drugstore moderately implemented their financial management practices. The profitability of the drugstore was determined by computing the net income, gross profit ratio, net profit ratio, and return on investments. Net income of the drugstore ranged from P6,120 to P3,642,600 Gross profit ratio of the drugstore ranged from 56 percent to 90 percent. Net profit ratio, determine whether the profit is low profitable, average profitable, highly profitable. It was found out that 20 respondents were average profitable in terms of their financial management practices. Return on investment ranged from 5 to 1454.

July 31, 2013 T-5131 Submitted to the University Library

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