LIQUIDITY MANAGEMENT IN THE SERVICE INDUSTRIES

COMPLETE PROJECT  MATERIAL COST 5000 NAIRA OR $10 , 

. A FRESH TOPIC NOT LISTED ON OUR WEBSITE COST 50,000 NAIRA ( UNDERGRADUATE) OR 100,000 FOR SECOND DEGREE STUDENTS. $500. PLUS  FREE SUPPORT UNTIL YOU FINISH YOUR PROJECT WORK. CONTACT US TODAY, WE MAKE A DIFFERENT. DESIGN AND WRITING IS OUR SKILLED.  DESIGN AND WRITING IS OUR SKILLED.

Note: our case study can be change to suit your desire location . we are here for your success.

                                   ORDER NOW

Foreign Transaction For Dollars Payment :
Bank Name: GTBank
Branch Location: Enugu State,Nigeria.
Account Name: Chi E-Concept Int’l
 Account Number:  0117780667. 
Swift Code: GTBINGLA 
Dollar conversion rate for Naira is 175 per dollar. 

ATM CARD:  YOU CAN ALSO MAKE PAYMENT USING YOUR ATM CARD OR ONLINE TRANSFER. PLEASE CONTACT YOUR BANKER SECURITY GUIDE ON HOW TO TRANSFER MONEY TO OTHER BANKS USING YOUR ATM CARD. ATM CARD OR ONLINE BANK TRANSFER IS FASTER FOR QUICK DELIVERY TO YOUR EMAIL . OUR MARKETER WILL RESPOND TO YOU ANY TIME OF THE DAY. WE SUPPORT CBN CASHLESS SOCIETY. 

OR
PAY ONLINE USING YOUR ATM CARD. IT IS SECURED AND RELIABLE.

form>DELIVERY PERIOD FOR BANK PAYMENT IS  LESS THAN 2 HOURS

How to transfer from your bank account to All  Nigeria banks without internet

1. Access Bank:
—-*901#

2. EcoBank:
—-*326#

3. Fidelity Bank:
—-*770#

4. FCMB:
—-*389*214#

5. First Bank
—-*894#

6. GTB:
—-*737#

7. Heritage Bank:
—-*322*030#

8. Keystone Bank:
—-*322*082#

9. Sky Bank:
—-*389*076*1#

10. Stanbic IBTC:
—-*909#

11. Sterling Bank:
—-*822#

12. UBA:
—-*389*033*1#

13. Unity Bank:
—-*322*215#

14. Zenith Bank:
—-*966#

15. Diamond Bank
—-*710*555#

To know your BVN, dial
—-*565*0#.

E.g for First bank…   *894 *Amount *Acct. No. #

Please dail d code from d number u used to register d account from the bank

CALL OKEKE CHIDI C ON :  08074466939,08063386834.

AFTER PAYMENT SEND YOUR PAYMENT DETAILS TO

08074466939 or 08063386834, YOUR PROJECT TITLE  YOU WANT US TO SEND TO YOU, AMOUNT PAID, DEPOSITOR NAME, UR EMAIL ADDRESS,PAYMENT DATE. YOU WILL RECEIVE YOUR MATERIAL IN LESS THAN 2 HOURS ONCE WILL CONFIRM YOUR PAYMENT.

WE HAVE SECURITY IN OUR BUSINESS.   

MONEY BACK GUARANTEE

 

Click here to download our android mobile app to your phone  for more materials and others

 

ABSTRACT

The significance of the service industries in the economic development of Nigeria cannot be undermined. However, liquidity problems constitute a major constraint on the development of this industry.

This study addresses the practical measures in the service industries needs to adopt and effectively manage their liquid resources especially taking cognizance of the current economic recession in the country.

This study shows that economic recession and over investment in stock are the major causes of liquidity problems in the service industries. The researcher discovered that the firms in the service industries have adopted several measures in an attempt to solve the problem. The basis of recommendation is a more efficient liquid management practice as well as the need for the government to revert the distress economy. The recommendation outlined in Chapter three, if meticulously implemented, will ease the liquidity problem of service industry.

 

TABLE OF CONTENTS

CHAPTER ONE

• INTRODUCTION 1
• STATEMENT OF THE PROBLEM 2
• OBJECTIVES OF THE STUDY 3
• SIGNIFICANCE OF THE STUDY 3
• DELIMITATION, SCOPE AND LIMITATIONS 4
• DEFINITION OF TERMS 5

CHAPTER TWO

• REVIEW OF RELATED LITERATURE 7

2.1    THE CONCEPT OF LIQUIDITY                                  7

• LIQUIDITY VS PROFITABILITY          8
• ENHANCING LIQUIDITY THROUGH

EFFICIENT MANAGEMENT OF CASH AND MARKETABLE SECURITIES.                                                          9

• ENHANCING LIQUIDITY THROUGH EFFICIENT RECEIVABLE MANAGEMENT 11
• ENHANCING LIQUIDITY THROUGH EFFICIENT INVENTORY MANAGEMENT 14
• LIQUIDITY CIRCULATION FLOW SPEED’S 16

CHAPTER THREE

• FINDINGS, RECOMMENDATIONS AND CONCLUSION19

3.1    DISCUSSION OF FINDINGS                                     19

• CONCLUSION 19
• BIBLIOGRAPHY 21

 

CHAPTER ONE

Liquidity has been given different definitions by different authors. Most definitions revolve around the fact that liquidity is the ability to convert assets into cash or obtain cash required. Hornby et al (1982) defined liquidity as the state of being able to raise funds easily by selling assets. “Hidmarch (1981) regards liquidity as closely related to solvency. Researchers view liquidity as the availability of cash resources required to meet the obligation of an organization as they take due. We have to note that liquidity is as significant to the firm as is the blood to the human beings. The cost of liquidity is very high, moreover, as firm which is not able to pay its debts as it becomes due mat be declared insolvent, and wound up by the court. This is provided for in the company and Allied matter Decree of 1990.

In spite of severe implications of liquidity squeeze, many firms in the service industry experience liquidity shortage. Economic recession, increased inflation as well as poor financial management causes:

 

• STATEMENT OF THE PROBLEM

The liquidity problem of service industries has worsened in recent years. This situation stimulated interest in the liquidity management of the service industry in order to ascertain whether existing capital is efficient and effectively managed. Are they being down too much capital in fixed assets? Is working capital vice visa capital employed adequate? Has working capital been properly managed to enhance liquidity? For instance, have non-cash items e.g stock and debtors been maintained at high level while allowing cash position to drop too. Does the problem lie in their inability to squeeze or is it as a result of too much competition form competitors within the industry.