Cash management among selected laundry shops in Davao City

Abstract

The main purpose of the study was to determine the level of cash management among selected laundry shops in Davao City. The researchers used an adapted questionnaire that was validated by experts. The convenience sampling method was used because it allows the researchers to obtain primary data and trends regarding their study without the complications of obtaining 100 laundry shop owners in Davao City. The statistical tools employed in treating the problem were mean, frequency and percentage, and analysis of variance. The researchers came up with a conclusion based on results. The area of cash flow analysis got the highest overall mean, followed by financing and borrowing costs, debtor management, and sell on credit. This provides a strategy for easier determining the level of cash flow management among laundry shops by not overlooking their cash flow analysis for smoother business cash management.