000			03215nam a2200289Ia 4500
001			74748
003			ft4979
005			20251030094622.0
008			181024n 000 0 eng d
040			_erda
041			_aengtag
050			_aHG179 Ac4 2012
082			_a.
100			_aAcebedo, Gladdys A.; Badillo, Clarisa S.; Cubay, Roemma M.; Da Silva, Patricia Anne C.; Faylon, Clarice Joy M.; Gumarang, Riza Leigh M. and Inojales, Ma. Geraldine G.
245		0	_aA Five year financial plan for Lorenzo Shipping Corporation
264			_aManila: _bPLM, _cc2012
300			_bFinancial Plan (BSBA major in Finance and Treasury Management) -Pamantasan ng Lungsod ng Maynila, 2012.
336			_btext _atext _2rdacontent
337			_30 _bunmediated _aunmediated _2rdamedia
338			_bvolume _avolume _2rdacarrier
385			_a2
505			_aEXECUTIVE SUMMARY: Lorenzo Shipping Corporation (LSC) was incorporated on 17 October 1972 by the Go Family headed by Jose D. Go, Sr., primarily to engage in domestic inter-island cargo handling business. The company has been an active participant in containerized cargo business and has played a significant role in the domestic shipping industry. The company’s level of equity is insufficient to pay the maturing obligation because most ot it comes from borrowing which cause high outstanding current liabilities to the firm. The company cannot meet their obligation due to a long collection period. With this existing scenario, the company manifest liquidity problems. Meanwhile, greatest portion of cost of services are absorbed by operating expenses (fuel expenses) which causes the downward trend on its rate of return on sales. The decrease on their gross profit is due to high cost of services and mishandling of their invested capital. Furthermore, due to the fluctuating trend of the firm, is found out to be instable also in terms of profitability. To help the company solve their financial problems, the researchers highly propose that Lorenzo Shipping Corporation implement Business Management Software. This course of action will make easier for the company to monitor the everyday transaction of the company, allowing for a better control over its collectibles and payables. Meanwhile, the implementation of the software will take costly for the company but the effect of this is for a long period of time. The proponents also propose that Lorenzo Shipping Corporation to slow down its speed by implementing Slow Steaming Process in their operation. It is the way in which the company will be able to lessen its cost of services. The company will have heater profit because it will not be absorbed greatly by its cost of services specifically, fuel expense. In order for the company to be competitive enough, effective management of its receivables, payables and proper handling of its cost incurred over the years should be maintain and hence solve its problems with regards to liquidity. Furthermore, these alternative courses of action when executed will prevent the company from being illiquid thus, making it liquid and highly aggressive.
526			_aF
540			_a5
655			_aacademic writing
942			_alcc _cMS _01 _2lcc
999			_c24805 _d24805