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Document details

Effect of Cash Management Practices on the Profitability of Bottled Purified Companies Garowe and Bo

Published on Jul 8, 2017

IOSRJBM
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: Cash management is a key management tool seeks to establish the financial position of an organization. Cash management is keen on management of cash flow and this aims to achieve the control of cash balances by paying financial commitments ultimately resulting in meeting organizational needs. Value chain efficiency can be improved if organizations choose to control in a better way and change their financial procedures. This study will use Slovene’s formula to establish the sample size of 46. Questionnaires will be used to collect data; document analysis and interviews, then correlational and regression analysis will be used. Significance will be tested at 95% confidence level and 5% significant levels. Puntland Bottled Purified water companies are owned by local business people and deliver the products to their customers. Money flows into and out of these companies on a daily basis. This paper seeks to discuss the effect of cash control and financial performance of Bottled Purified C

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