The consistency of hardware stores in their financial management practices

Abstract

The study entitled "The consistency of hardware store in their financial management practices" The respondents of the study were the owner of hardware store in Samal Island. There are 30 respondents in this study. The method used was descriptive method. This study found out that hardware store owner practice in terms of Working capital Management, Profitability management, Asset and Liabilities management strategies financial management with the total of 30 number of respondent and has the frequency of 30 or 100% in the total percentage. In table 2, the data revealed the consistency of hardware stores in implementing financial management practices. We found out that the working capital management which has the mean score of 4.26 stated that the hardware store implemented the financial management practices all the time. Profitability management has the mean score of 4.21 which indicates that the hardware store owner always implemented the financial management practices all the time. In terms of asset and liabilities, it has a mean score of 3.99 which is often used or stated that the hardware store owner is implemented this Financial Management Practices in the majority of the cases. In terms of Strategic financial management, it garnered a mean score of 3.87 which is often used or stated that the hardware store owner implemented this financial management practices in the majority of the cases.