Liquidity and payment of the profit account to workers in Cuban companies

Authors

Keywords:

profits, liquidity, conversion, prices

Abstract

Achieving the availability of liquidity is a necessity in business organizations. In this sense, the present research developed in entities of the province of Holguín arises, and whose general objective was to base the process of converting profits into liquidity in Cuban business organizations and propose indicators for their measurement and analysis. The application of theoretical and empirical research techniques and methods enabled the detailed analysis and comparison of the Statement of Financial Performance with the Statement of Cash Flow by the direct method, according to each item and activities that comprise it. The proposed indicators are a tool for the administration to solve specific problems, draw up strategies and face all obligations, specifically the quarterly distribution of profits to workers.

Author Biographies

Pedro Alexandi Aliaga Palomino, Universidad of Holguin

Licenciado en Contabilidad y Finanzas y Máster en Contabilidad Gerencial por la Universidad de Holguín. Investiga temas relacionados con el análisis económico – financiero, las finanzas estratégicas y los sistemas de costo y métodos de costeo. Profesor Auxiliar del Departamento de Contabilidad y Finanzas de dicha universidad.

Fermín Munilla González, Universidad of Holguin

Licenciado en Economía en la Universidad de Holguín y Doctor en Ciencias Pedagógicas en la Universidad de Oriente. Investiga temas relacionados con el análisis económico – financiero, las finanzas operativas y estratégicas y los sistemas de costo y métodos de costeo. Se jubiló como Profesor Auxiliar en la Universidad de Holguín.

Alba Sánchez Arencibia, Universidad of Holguin

Doctora en Ciencias Pedagógicas. Máster en pedagogía profesional. Licenciada en Educación Planificación. Profesora Titular en la Universidad de Holguín. Investigadora con 35 años de experiencia en la actividad docente y en la Contabilidad.

Yander Morales Marrero, Holguin Workers Services Company

Licenciado en Contabilidad y Finanzas en la Universidad de Holguín. Investiga temas relacionados con el análisis de la liquidez empresarial. Se desempeña como Especialista en Gestión Económica de la Empresa de Servicio a Trabajadores de Holguín

References

CITAS

Hernández Nariño, A. (2010). Contribución a la gestión y mejora de procesos en instalaciones hospitalarias del territorio matancero. Matanzas: Tesis presentada en opción al grado científico de Doctor en Ciencias Técnicas.

MFP. (2005). Ministerio de Finanzas y Precios. Retrieved from Resolución No. 235/05, Ministerio de Finanzas y Precios, de 30/09/2005: http://www.gacetaoficial.gob.cu

Ministerio de Finanzas y Precios. (2020). Resolución 375 Pago anticipado de utilidades a trabajadores. Retrieved from http://gacetaoficial.gob.cu

Wild, J. J., Subramanyam, K. R., & Halsey, R. F. (2018). Análisis de Estados Financieros. Oncena edición. México: McGRAW-HILL/INTERAMERICANA EDITORES, S.A. DE C.V.

Yudina, T. N. (2002). Demografía. Migración. Moscu: Universidad Estatal de Moscu. Retrieved 2 24, 2021, from https://www.ecsocman.hse.ru/data/429/1217/014Ydina.pdf

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Published

31-03-2021

How to Cite

Aliaga Palomino, P. A., Munilla González, F., Sánchez Arencibia, A., & Morales Marrero, Y. (2021). Liquidity and payment of the profit account to workers in Cuban companies. Cuban Magazine of Finance and Prices, 5(1), 36–47. Retrieved from https://www.mfp.gob.cu/revista/index.php/RCFP/article/view/04_V5N12021_PAPyOTROS

Issue

Vol. 5 No. 1 (2021): enero - marzo

Section

Research articles

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