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_aReyes, Charlene Ericka P.
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_aA five year financial plan for Phases Electrical Contractor Corporation /
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_cReyes, Charlene Ericka P., Vengeano, Mary lou Elaine C., Sanchez, lorie Anne B., Yumul, Aliche Nicole V., Nepay, Cristina B., Peleo, Pamela Ann B., Quilang, Charlene E., Ronquillo, Ralph Edward P., Salomon, Emily B., Sartin, Irish T.
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_c28 cm.
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_aunmediated
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_aResearch Paper: (BSBA major in Finance and Treasury Management) - Pamantasan ng Lungsod ng Maynila, 2016.
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_aEXECUTIVE SUMMARY: Phases Electrical Contractor Corporation is a domestic corporation is a domestic corporation that started its operations on February 23, 1990. The entity was established for buy, sell, trade, alter, install, and maintain all types of electrical work. The entity offers to make contracts in relation to electrical plan, estimates, supervision , repairs and any other works of all kinds relating to electrical works. The entity also serves as manufacturers, dealers and sellers of electrical, chemical and industrial machineries and transformers. According to the five year analysis of the proponents, the entity is suffering from high investment costs. This is reflected in the entity's statement of cash flows, where there is a continuous outflow of cash in the firm's investing activities for the covered period of this financial plan. The entity also maintains a low level of cash that indicates that the entity cannot finance its current liabilities out of the current assets they have. Having a low level of cash also signifies that the entity relies heavily on debts and cannot solely depend on their capital for provision of assets. In order for the entity to improve its financial performance to have a better position in the industry, the proponents recommend to implement a policy pertaining to leasing of equipment and machines. By leasing equipment and machines from trusted rental establishments, the entity's cash will increase, and high investment costs will be reduced for the entity can avoid repair, maintenance, and other costs incurred from purchasing these heavy assets.
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