Financial management practices and profitability of local delicacies stores in Cavite / by Zarina C. Tiu.
Material type:
TextLanguage: English Publication details: Indang, Cavite : Cavite State University- Main Campus, 2014.Description: xii, 49 pages : illustrations ; 28 cmContent type: - text
- unmediated
- volume
- 658.15 T54 2014
- College of Economics, Management and Developmental Studies (CEMDS)
| Item type | Current library | Collection | Call number | Materials specified | URL | Status | Notes | Date due | Barcode |
|---|---|---|---|---|---|---|---|---|---|
Theses / Manuscripts
|
Ladislao N. Diwa Memorial Library Theses Section | Non-fiction | 658.15 T54 2014 (Browse shelf(Opens below)) | Link to resource | Room use only | T-5494 | 00008890 |
Thesis (BS Business Management Major in Financial Management) Cavite State University
Includes bibliographical references.
College of Economics, Management and Developmental Studies (CEMDS)
TIU, ZARINA C. Financial Management Practices and Profitability of Local Delicacies Stores in Cavite. Undergraduate Thesis. Bachelor of Science in Business Management. Cavite State University, Indang, Cavite. April 2014. Adviser: Prof. Rowena R. Noceda.
The study was designed to determine the demographic profile of the participants; to identify its business characteristics; to know its financial management practices; to measure the participant's profitability; and the problems encountered in the operation of the business. The data were analyzed using descriptive analytical tools such as frequency count, mean, range, and percentage for the demographic profile, business characteristics and financial management practices of local delicacies stores. Profitability of each business was measured using profitability ratios such as gross profit margin ratio, net profit margin ratio, and return on investment ratio. This study was conducted in selected municipalities in Cavite namely: Bacoor, Carmona, Imus, Silang, and Tagaytay. These municipalities have local delicacies stores-in-operation which conceded the scope and limitations and was used in determining the respondents of the study. Results of the study showed that the majority of the participants were female belong to the age group of l8 to 30 years old, married, and high school graduate. The study also showed that most of the local delicacies stores were in 1 to 7 years of operation, sole proprietorship, and had the operating capital ranging from P40,000 to P108,750. The study also revealed that the local delicacies stores applied the following financial management practices: cash management, the participants were self-financed, keeping financial records of operation, controlling the proceeds through keeping the proceeds in the house, spending within the budget, recording all cash transactions, deposit sales weekly to the bank, and invests money to commercial banks. In accounts receivable management, most of the participants did not sell on credit for the reason that there is difficulty in collection, most of the receivables were not being paid and most of the customers were tourist. For those who sell on credit, the participants gave 7 to 30 days of credit term; delivery receipt and record books were records of customer's credit, and contact the person if the credit is not being paid. Also, the study discovered that the business granted discounts and did not monitor the credit term given to customers. Local delicacies stores have good standing of gross profit margin, net profit margin, and return on investment. Customer complaints were proven as the major problem encountered by local delicacies stores. However, most of the participants did not experience any problem in the operation of the business.
April 24, 2014 T-5494 Submitted to the University Library