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Economic Profitability Assessment on the Operations of Lechon Manok Enterprises in Selected Towns in Northern Samar

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Economic Profitability Assessment on the Operations of Lechon Manok Enterprises in Selected Towns in Northern Samar


Eunice L. Lluz



Eunice L. Lluz "Economic Profitability Assessment on the Operations of Lechon Manok Enterprises in Selected Towns in Northern Samar" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-4, June 2019, pp.1424-1428, URL: https://www.ijtsrd.com/papers/ijtsrd25168.pdf

This study investigated the economic profitability assessment on the operations of lechon manok enterprise in selected towns in Northern Samar.Results revealed that the economic profitability of the enterprise was computed using return on investment (ROI). It was found out that on the return on investment of the respondents the highest was 9.23%, and the lowest was 3.12 %. Working capital can be looked at as the excess of total current assets over total current liabilities. Thus, the larger the amount of working capital the stronger the liquidity position of the business organization (Al-Debi’e, 2011).Furthermore, results of simple linear regression analysis performed on the data indicated that the relationship between capital and net income was significantly related. The higher the capital, the higher the income.With this, the researchers recommend that lechon manok operators should consider strategies to adjust with the factors that will help to sustain a better profitability of the business. The profitability refers to the measures of profitability of the firm in generating profit (San Gabriel, 2005). However, it is attained by watching the profit over the growth of cost and revenue by watching the profit over the growth of cost and revenue at that margin and by containing the direction of the cost revenue combination that yield the highest possible profit (Villegas, 2008). Consumers should be meticulous enough in choosing and buying a lechon manok in an accredited lechon manok enterprise, for their own safety consumption. Government regulatory authorities should be consistent in supervising the different lechon manok enterprise in town, to secure that all operators are following the standard policies or guidelines used in the business. It is viable that the future investors should have enough capital in starting a lechon manok business. Studies that will involve other respondents in other towns may be conducted to provide further information on the assessment of economic profitability assessment on the operations of lechon manok enterprises.

operation, return on investment, economic profitability, lechon manok


IJTSRD25168
Volume-3 | Issue-4, June 2019
1424-1428
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

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