Liquidity Management In The Service Industries

25 pages Chapters 3 ID: ACC0364

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DepartmentAccounting
TypeProject
Pages25
Chapters3
Methodologynil
Reference StyleYES
FormatMS Word & PDF
Reference No.ACC0364

Abstract

ABSTRACTThe 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 t…

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Pages25
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