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- Title
Profitability Of The Coal Sector In A Border Department In Colombia.
- Authors
Marvin Vladimir, Davila Perez; Luna Pereira, Henry Orlando; Contreras Caceres, Maria Esmeralda
- Abstract
The objective of this research on the profitability of the coal sector in a border context was to measure, through financial profitability indicators, how the sector was in a period of time, the research focused on descriptive correlational research with a documentary and field design. With the support of businessmen of the sector, critical factors that affected the financial management of the sector were identified. Between the turnover of accounts receivable and accounts payable there is a mismatch between accounts payable and accounts receivable; this led to accounts receivable being financed with non-operating resources, hence the need for operating funds. It was determined that all the sector's profitability indexes deteriorated as of 2006. It is recommended to follow up on the management of Short Term variables.
- Subjects
COLOMBIA; ACCOUNTS receivable; ACCOUNTS payable; ECONOMIC indicators; FINANCIAL management; PROFITABILITY
- Publication
Journal of Language & Linguistics Studies, 2022, Vol 18, Issue 4, p383
- ISSN
1305-578X
- Publication type
Article