Beschreibung
The term profitability is composed of two words profit and ability. The word profit has been defined in a number of ways. The meaning of a profit differs according to the use and purpose of the figures. To obtain profit form accounting point of view, total expenses are deducted from the total revenues for a given period. The term ability reflects the power of the enterprise to earn profits. This ability is referred as earning power to operating performance of the concerned investment. The word profitability may be defined as the ability of a given investment to earn a return from its use. Liquidity management is the most essential component of financial management. It plays most dominant role in the successful functioning of an enterprise. Liquid asset may be defined as the money and assets that are readily convertible into money. Different degree liquidity. Money itself, by definition, the most liquid of assets, other assets has varying degrees of liquidity, depending on the most liquid of they can be turned into cash. The study focus on the most liquid assets of the company, cash and marketable securities.
Autorenporträt
Dr. S. Poongavanam working as Associate Professor in AMET Business school, AMET University, hennai,India. He has published 122 articles in Scopus indexed/UGC approved journals/peer reviewed journals. He has authored nearly 12 books in Lamberd Academic Publication and presented 24 papers in the International / National conference.
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