CASH MANAGEMENT IN SELECTED RETAIL SUPER-MARKETS IN JIGAWA STATE, NIGERIA
CASH MANAGEMENT IN SELECTED RETAIL SUPER-MARKETS IN JIGAWA STATE, NIGERIA
No Thumbnail Available
Date
1993
Authors
TAURA, ISAH RABIU
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
v i .
A B S T R A C T
This study has been undertaken an order to
id e n fc i fy t he prob le ms fa c ing t he ad van c erne n t o f
r e t a i J superiorkets in Jigawa s t a t e . The scope
of the study involved four supermarkets i . e.
Nasiha, Nakowa Store, Namallam Zangi Supermarket
and Dan - Abu store in four local governments
they a r e , Taura, G-umel, Hadejia and Ringim
respectively.
The researcher found that "the owners of
the supermarket pay loss attention to cash
management i . e . Nasiha and Nakowa. And with
regard to financial position of the supermarket
they a i l performed averagely good for example
Nasiha supermarket have Netprofit of N135,647,
Nakowa Store have 5150,372 as net p r o f i t,
Namallain Zangi have N600,000 as net p r o f i t and
Dan-Abu Htore have N1,009,925 as net p r o f i t.
The sources and applications of cash of the
selected supermarket was i n t e r e s t i n g , since they
use the money collected for i t s purpose e . g.
Nasiha supermarket used 60% of i t s cash realised
i n to the business of super marketing, Nakowa • supermarket
used 70% to 75% of i t s cash realised into
business of supermarke ting • Namailam Zangi
supermarket used 65% to 70/ of i t s cash realised
i n t o the business of super marketing and Dan-Abu
used 60/ to 65/ of i t s cash realised into the
s up e rmar ke t bus ine ss •
And tie problem of the supermarkets laid on r
the cash management, record keeping, emerge
enhancement, lack of government assistance and
pr o per oare of the s tore .
It was recommended that, owners of the
supermarkets should have a good balance of capital
s t r u c t u r e . The supermarkets owners have to provide
the good parking space and set aside capital for
lupermarise ting aione. The supermarket owners have
to take good care of i t s cash management.
They (the owners) suppose to make an associa Lion
in order to achieved their aims.
It was also reoemmended that care must be
taken by the owners when employing night watchmen
J stop collecting loan £r on government for
T i c u l t u r a i purposes and use it in the business of
Supermarketing. And try to train their store
Operators.
Furthermore, government should endevour to
give loan to supermarket owners in order to boost
their business.
Description
DEPARTMENT OF BUSINESS ADMINISTRATION
FACULTY OF ADMINISTRATION
AHMADU BELLO UNIVERSITY, ZARI A
KADUNA STATE - NIGERIA.
Keywords
CASH,, MANAGEMENT,, SELECTED,, RETAIL,, SUPER-MARKETS,, JIGAWA,, STATE,, NIGERIA.