THE RELATION SHIP BETWEEN PROFITA BILITY AND FINANCIAL LIQUIDITY IN FOOD MANUFACT URING INDUSTRY IN POLAND
Journal Title: Roczniki Naukowe Stowarzyszenia Ekonomistów Rolnictwa i Agrobiznesu - Year 2018, Vol 0, Issue 1
Abstract
The aim of the research was to recognize the relationship between profitability and financial liquidity of enterprises representing the food manufacturing sector. The research sample covers 1046 enterprises that report the financial data in 2012-2015. The ordinary least squares method was used for identification of the relationship. Statistically significant relationship for the entire test sample was not detected. Positive dependence was found for the sample of enterprises with a current liquidity ratio (CR) lower than 2.0.<br/><br/>
Authors and Affiliations
Jacek Jaworski, Leszek Czerwonka, Magdalena Mądra-Sawicka
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