CURRENT ASSETS PLANNING AS AN INDICATOR OF FINANCIAL COMPETITIVENESS OF TRADE ENTERPRISE

2017 ◽  
Author(s):  
Hanna Blakyta ◽  
Keyword(s):  
Financial Stability ◽  
Modern Method ◽  
Main Element ◽  
Integrated Method ◽  
Financial Condition ◽  
Wide Range ◽  
Close Relationship ◽  
Projected Changes ◽  
The Relationship ◽  
Financial Competitiveness

The article substantiates the features of current assets of trade enterprises. It is determined that the main source of development and efficiency of trade enterprises is the ability to optimize the process of selling goods, which has a close relationship with current assets. The modern method of calculating the planned volume and structure of current assets is characterized, which is based on the application of the method of coefficients, which allows the use of a correction factor that shows the projected changes in the functioning of current assets. In addition to calculating the planned indicator of current assets using the method of coefficients, it is proposed to determine the planned indicators of current assets of the enterprise in terms of their types, which will provide a more extensive analysis of the effectiveness of current assets management. It is determined that the current assets of the enterprise affect a wide range of indicators and characteristics of the enterprise, in particular on liquidity, solvency, financial stability and so on. In the conditions of intensive emergence of all new crisis phenomena in the country's economy, which causes the deterioration of the financial condition of domestic enterprises, the driving force of development of such enterprises and maintenance of their financial capacity was identified. Since current assets are the main element of resource provision of current activities, as well as taking into account their role in calculating the main indicators that characterize both the operational and financial performance of the enterprise, the relationship between planning current assets of the enterprise and the level of financial competitiveness. An integrated method of assessing financial competitiveness, based on the use of a number of coefficients based on current assets, is substantiated.

scholarly journals System for evaluation of business entities financial sustainability under global challenges conditions

2021 ◽  
Vol 71 (4) ◽  
pp. 20-32
Author(s):  
M. Tatar ◽  
◽  
O. Hrebenikova ◽  
Keyword(s):  
Financial Stability ◽  
Cash Flows ◽  
Normative Values ◽  
Scoring Method ◽  
Metallurgical Enterprise ◽  
Financial Responsibility ◽  
Integrated Method ◽  
Financial Condition ◽  
Global Challenges ◽  
Business Entities

The need to ensure financial stability of businesses under global challenges conditions is highlighted in this paper. The company financial stability is one of the most important characteristics of the company financial condition, associated with the level of dependence on creditors and investors and is characterized by the ratio of equity and liabilities. The existing methodological approaches for the evaluation of the enterprise financial stability are analyzed. The evaluation of financial stability on the example of metallurgical enterprise by coefficient, score and integrated methods is carried out. The coefficient analysis shows that the most of financial stability coefficients in the dynamics have decreased and are not within the normative values. While analyzing the financial stability type, it is determined that the enterprise in 2018–2020 had unstable financial condition, which indicates solvency violation. The results of the financial stability analysis by scoring method, according to which the coefficients are assigned the appropriate score depending on the approximation to the normative indicator, led to the conclusion that PJSC «AZOVSTAL» in 2018–2020 was included to the fifth class, i.e. crisis enterprise of the highest risk, practically not solvent. The evaluation of financial stability by the integrated method, according to which the value of the integrated indicator should be closer to one, showed that the enterprise financial stability in 2018 was bad, in 2019 very bad, and in 2020 satisfactory. The measures to increase the enterprises financial stability depending on the financial stability level are proposed, particularly, for the investigated enterprise it is proposed to improve financial flow planning, implementation of real payment calendars, creation of financial responsibility centers and strengthening control over them by the holding, which always make it possible to have reliable information about the company's cash flows and increase the controllability of current payments, reduce losses from the funds misuse. It is also proposed to accelerate the turnover of enterprise resources, which will improve the overall efficiency of activities.

Analysis of financial stability of the Bank

2018 ◽  
Author(s):  
Елена Герасимова ◽  
YElyena Gyerasimova
Keyword(s):  
Graduate Students ◽  
Commercial Bank ◽  
Management System ◽  
Financial Stability ◽  
Analysis And Evaluation ◽  
Financial Condition ◽  
Banking Activity ◽  
Wide Range ◽  
Independent Decision

The textbook is intended for students enrolled in the direction 38.03.04 "Finance and credit" master's degree. The textbook comprehensively describes the main aspects that characterize the financial condition of a modern commercial Bank and its stability. The application of methodological tools for analysis and evaluation of the most important components of banking activity (quality of management system, equity, assets, attracted resources, liquidity, profitability, risks) is considered. The practical part of the manual includes cases, examples of solving situational problems and tasks for independent decision, as well as self-training. The materials have been prepared in accordance with the relevant regulations and legal acts regulating banking activities (as of 01.06.2018). The book may also be of interest to specialists in the field of analysis of commercial and credit organizations, students and graduate students studying in economic specialties, a wide range of readers interested in the problems of analysis of economic entities.

scholarly journals A Research on the Relationship between Humor Styles and Entrepreneurial Tendency

2019 ◽  
Author(s):  
Şeyma Gün Eroğlu ◽  
Merve Vural ◽  
Feyzullah Eroğlu
Keyword(s):  
Risk Taking ◽  
Human Life ◽  
Self Esteem ◽  
Humor Styles ◽  
Sense Of Humor ◽  
Task Motivation ◽  
Wide Range ◽  
Close Relationship ◽  
High Motivation ◽  
The Relationship

Humor, which has a wide range of influences, has an important role in human life. Humor is regarded as an effective tool for transmitting a wide range of ideas, feelings, and thoughts and has long been seen as a coping strategy that is particularly healthy and effective. This is because humor is thought to be a strong antidote against negative emotions. In the previous studies, it was detected that the individuals who have a sense of humor also have high task motivation, cheerfulness, high self-esteem and social dominance, and more importantly, humor was found to be positively associated with the creative personality traits. According to Humke and Schaefer (1996), humor and creativity involve both taking risks and generating unusual reactions. Moreover, entrepreneurship includes concepts such as innovation, risk-taking, tolerance to uncertainty, the need for achievement and locus of control. Likewise, entrepreneurial characteristics are defined by creativity, innovation, risk-taking, struggle and high motivation for success. In this respect, it is thought that there is a close relationship between entrepreneurial tendency and sense of humor. This study aims to examine the relationship between individuals' humor styles and entrepreneurial tendencies. The sample of the study consists of students of the Faculty of Economics and Administrative Sciences of Pamukkale University and students of the Faculty of Engineering. We use the most preferred scales in the literature to measure humor styles and entrepreneurship tendency. We test the data through statistical methods and analyze the relationship between students' entrepreneurial tendencies and humor styles.

scholarly journals The Financial Strategy of Anti-Crisis Management for an Entrepreneur in Modern Conditions of Operation

2020 ◽  
Vol 12 (515) ◽  
pp. 465-470
Author(s):  
H. M. Azarenkova ◽  
Keyword(s):  
Crisis Management ◽  
Financial Stability ◽  
Negative Consequences ◽  
Financial Strategy ◽  
Financial Condition ◽  
Significant Damage ◽  
Wide Range ◽  
Modern Economic ◽  
Business Entities ◽  
Key Aspects

The article is aimed at identifying key aspects of anti-crisis management, in particular the choice of its most effective instruments. It is noted that modern economic entities do operate under the conditions of constant impact of crisis factors. Most entrepreneurs suffer the most significant damage as a result of global financial and economic crises, political instability and a new challenge of the present – the COVID-19 pandemic. All these events require business entities to organize a permanent unit of anti-crisis management, the purpose of which is to minimize or eliminate the negative consequences of crisis phenomena. Among the key aspects of anti-crisis management, the leading place is held by the most adequate instruments for overcoming the consequences of the crisis. The article examines a wide range of modern anti-crisis management instruments and determines that one of the most efficient of them be the anti-crisis financial strategy. In this regard, the priority of the financial aspect of anti-crisis management is substantiated and a special place of anti-crisis financial strategy as its key instrument is proved. The «tree of goals» of the anti-crisis financial strategy is built up as a fundamental element in its development. It is specified that in order to build up an efficient anti-crisis financial strategy, first of all, a comprehensive assessment of the valid financial condition of the corresponding entity is required and the most used indicators of such an assessment are proposed in four directions – assessment of financial stability, liquidity, business activity, and profitability.

scholarly journals Assessment of the financial stability of the results of the organization of Sevastopol

2021 ◽  
pp. 161-169
Author(s):  
L. I. Sachenok
Keyword(s):  
Market Economy ◽  
Financial Stability ◽  
Enterprise Management ◽  
Main Element ◽  
Economic Activities ◽  
Economic Stability ◽  
Financial Condition ◽  
Long Time ◽  
The Subject

The assessment of economic stability and solvency is the main element of the analysis of the financial condition necessary for control, allowing to assess the risk of breach of obligations under the calculations of the enterprise. The purpose of the study was to assess the economic stability of the organization and develop measures to improve it in a market economy. The subject was the study of the financial condition of the organization in the aspect of economic stability. The paper evaluates the results of the economic activities of the micro-enterprise LLC “Solveks Group”. The author gives the characteristics of the organization, investigates the reporting indicators to identify errors in enterprise management. The enterprise was unprofitable for a long time, but recently began to make a profit. It became necessary to determine whether this trend is really positive, or whether it hides new problems. The study carries out an analysis of the liquidity and solvency of the organization, during which identifies a number of problems. The author makes recommendations for improving financial stability.

scholarly journals Analysis and forecasting of the enterprise financial stability

2021 ◽  
Vol 71 (4) ◽  
pp. 59-68
Author(s):  
H. Rohanova ◽  
I. Kravchenko
Keyword(s):  
Financial Stability ◽  
Cash Flows ◽  
Analysis Method ◽  
Systematic Assessment ◽  
Financial Condition ◽  
Taxonomic Approach ◽  
The Relationship ◽  
Positive Results ◽  
Generalized Indicator

The purpose of the articles is to determine the role of financial stability analysis as an important component of the comprehensive analysis of the entity financial condition. Systematic assessment of financial stability makes it possible to use timely the strategy and tactics of enterprise development, take reasonable management decisions, control liquidity, solvency and financial stability of the enterprise. As a result of the investigation, the following tasks are solved in order to achieve the goal: the type of the financial stability of confectionery enterprise is clarified; qualitative analysis of financial stability is carried out; the dynamics of changes in financial stability is analyzed; financial forecasting by means of integrated indicator based on taxonomic approach is done. General and special methods and techniques of economic problems research for tasks solution such as: synthesis, induction, deduction, generalization, aggregate method, comparative analysis of deviations, coefficient and margin method, standardization of indicators, forecasting, trend analysis method, graphical method are used. The object of the investigation is PJSC «Mondeliz Ukraine». The results of the analysis for the period 2017–2020 indicate the unstable financial condition, violation of the enterprise financial stability; but due to the trend line we forecast the increase in the integrated taxonomic indicator of financial stability in future. The generalized indicator of the change of enterprise financial stability confirms conclusion about the increase of enterprise financial stability in dynamics. The solution of the problem of increasing the financial stability and balance of PJSC «Mondeliz Ukraine» and increasing the availability of own funds is possible primarily by increasing sales, profits and, accordingly, increase profitability. However, measures to strengthen financial stability can give positive results only if they are comprehensive, systematic, mandatory. The prospects for further investigation are to identify the relationship between the level of financial stability and the synchronicity of the enterprise time-balanced cash flows formation.

Predicting the Dose of Warfarin for Therapeutic Anticoagulation

1982 ◽  
Vol 47 (03) ◽  
pp. 230-231 ◽  
Author(s):  
N K Sharma ◽  
P A Routledge ◽  
M D Rawlins ◽  
D M Davies
Keyword(s):  
Therapeutic Range ◽  
Significant Relationship ◽  
Maintenance Dose ◽  
Warfarin Dose ◽  
Loading Dose ◽  
Intravenous Injections ◽  
Therapeutic Anticoagulation ◽  
Close Relationship ◽  
The Relationship ◽  
Anticoagulant Response

SummaryThe validity of a previously described technique for predicting warfarin requirements based on the anticoagulant response to a fixed loading dose was assessed prospectively in 57 patients. There was a close relationship between the predicted and initially observed daily warfarin dose required to maintain the patient within the therapeutic range for anticoagulation. The significant relationship between predicted and observed maintenance dose persisted at 4 and 12 weeks although it decreased with increasing time.The relationship between observed and predicted maintenance requirement of warfarin was not affected by the concomitant use of intermittent intravenous injections of heparin when 9 hr was allowed to elapse between the previous dose of heparin and the thrombotest estimation on which the prediction was based.It is concluded that the method is valuable in predicting an individual’s warfarin requirement, although it does not obviate the need for regular monitoring of anticoagulant control.

The Problem of Identifying and Modeling the Relationship between Monetary Factor and Inflation in the Russian Economy

2008 ◽  
pp. 61-76
Author(s):  
A. Porshakov ◽  
A. Ponomarenko
Keyword(s):  
Money Supply ◽  
Money Demand ◽  
Russian Economy ◽  
Long Run ◽  
Complex Approach ◽  
Wide Range ◽  
Long Time ◽  
The Relationship ◽  
Supply Side Factors

The role of monetary factor in generating inflationary processes in Russia has stimulated various debates in social and scientific circles for a relatively long time. The authors show that identification of the specificity of relationship between money and inflation requires a complex approach based on statistical modeling and involving a wide range of indicators relevant for the price changes in the economy. As a result a model of inflation for Russia implying the decomposition of inflation dynamics into demand-side and supply-side factors is suggested. The main conclusion drawn is that during the recent years the volume of inflationary pressures in the Russian economy has been determined by the deviation of money supply from money demand, rather than by money supply alone. At the same time, monetary factor has a long-run spread over time impact on inflation.

Hubungan antara Luas Lesi pada Foto Toraks Penderita TB Paru Dewasa yang Memiliki Riwayat Diabetes Melitus dengan Indeks Massa Tubuh di Rumah Sakit Hasan Sadikin Bandung

2016 ◽  
Vol 1 (3) ◽  
pp. 138-144
Author(s):  
Ina Edwina ◽  
Rista D Soetikno ◽  
Irma H Hikmat
Keyword(s):  
Chest Radiograph ◽  
Chi Square ◽  
Pulmonary Tb ◽  
X Ray ◽  
Consecutive Sampling ◽  
Close Relationship ◽  
Chi Square Test ◽  
Chest X Ray ◽  
The Relationship ◽  
Diabetes Melitus

Background: Tuberculosis (TB) and diabetes mellitus (DM) prevalence rates are increasing rapidly, especially in developing countries like Indonesia. There is a relationship between TB and DM that are very prominent, which is the prevalence of pulmonary TB with DM increased by 20 times compared with pulmonary TB without diabetes. Chest X-ray picture of TB patients with DM is atypical lesion. However, there are contradictories of pulmonary TB lesion on chest radiograph of DM patients. Nutritional status has a close relationship with the morbidity of DM, as well as TB.Objectives: The purpose of this study was to determine the relationship between the lesions of TB on the chest radiograph of patients who su?er from DM with their Body Mass Index (BMI) in Hasan Sadikin Hospital Bandung.Material and Methods: The study was conducted in Department of Radiology RSHS Bandung between October 2014 - February 2015. We did a consecutive sampling of chest radiograph and IMT of DM patients with clinical diagnosis of TB, then the data was analysed by Chi Square test to determine the relationship between degree of lesions on chest radiograph of pulmonary TB on patients who have DM with their BMI.Results: The results showed that adult patients with active pulmonary TB with DM mostly in the range of age 51-70 years old, equal to 62.22%, with the highest gender in men, equal to 60%. Chest radiograph of TB in patients with DM are mostly seen in people who are obese, which is 40% and the vast majority of lesions are minimal lesions that is equal to 40%.Conclusions: There is a signifcant association between pulmonary TB lesion degree with BMI, with p = 0.03

DIRECTIONS FOR DEVELOPMENT OF ANTI-CRISIS FINANCIAL MANAGEMENT

2017 ◽  
Author(s):  
Liubov Iarova ◽  
Keyword(s):  
Financial Management ◽  
Financial Stability ◽  
Enterprise Management ◽  
Factors Affecting ◽  
Financial Condition ◽  
Flexible Response ◽  
Relevant Topic ◽  
Potential Risks ◽  
Negative Factors ◽  
Theoretical Foundations

For continuous performance, enterprises should not only take into account potential risks and existing negative factors, but also develop methods and principles that allow timely and flexible response to crisis occurrences, as well as determine the recovery stages in an already deteriorated financial condition. Given tasks are solved by anti-crisis financial management, designed to increase the efficiency of enterprise management and facilitate the equalization or improvement of an economic entity’s financial stability, therefore, the directions of its development are a rather relevant topic in a market economy. The article examines the theoretical foundations of anti-crisis financial management, the main factors affecting the emergence of a crisis state at an enterprise, discusses the need for its development, and provides factors that determine the effectiveness of the implemented anti-crisis policy. Identifying the need to improve anti-crisis financial management and decision-making on its implementation are accompanied by an analysis that takes into consideration possible risks and costs, which determines the expected effect. The author generalizes and indicates the main principles and stages of anti- crisis management.

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