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CASH MANAGEMENT IN SELECTED RETAIL SUPER-MARKETS IN JIGAWA STATE, NIGERIA

ABSTRACT

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.

TABLE OF CONTENT

Title page- – – – – – – – – i

Approval page – – – – – – – -ii

Dedication – – – – – – – – -iii

Acknowledgement – – – – – – – -iv

Abstract – – – – – – – – – -v

Table of content – – – – – – – -vi

CHAPTER ONE

INTRODUCTION – – – – – – – -1

1.0 Background of the study – – – – -1

1.1 Statement of the problem – – – – -5

1.2 Purpose of the study – – – – – -6

1.3 Significance of the study – – – – -8

1.4 Research questions – – – – – -9

1.5 Scope of the study – – – – – – -10

CHAPTER TWO

LITERATURE REVIEW – – – – – – -11

CHAPTER THREE

Research methodology – – – – – – -39

Design of study – – – – – – – -40

CHAPTER FOUR

Presentation, analysis and interpretation of data – -48

CHAPTER FIVE

Summary of findings – – – – – – -60

Conclusion – – – – – – – – -61

Recommendations – – – – – – – -62

Suggestions for further research – – – – -64

References – – – – – – – – -65

Appendix I – – – – — – – – -68

Questionnaire. – – – – – – – -69

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