STATEMENT OF THE PROBLEM

I. What is the profile of the business in terms of: A. Length of the Business Operation B. Size, in terms of: i. Number of Members

ii. Assets C. Control or Officer-in-charge of the Working Capital

II. What is the level of implementation of working capital policies in terms of: A. Cash Management B. Receivable Management C. Inventory Management D. Accounts Payable Management Is there a significant difference on the level of implementation Working Capital Management policies of consumer cooperatives in Baguio City in terms of cash management, receivable management, inventory management and accounts payable management when they are grouped according to A. Length of the Business Operation B. Size, in terms of: i. Number of Members

ii. Assets C. Control or Officer-in-charge of the Working Capital

III. Do these policies affect the cooperatives: A. Profitability B. Sustainability Is there a significant difference on the level of implementation Working Capital Management policies of consumer cooperatives in Baguio City in

terms of cash management, receivable management, inventory management and accounts payable management when they are grouped according to A. Length of the Business Operation B. Size, in terms of: i. Number of Members

ii. Assets C. Control or Officer-in-charge of the Working Capital

QUESTIONNAIRE
Name of the establishment (Optional): ________________

A. BUSINESS PROFILE Please tick the choice that best describes your answer to the following questions (One answer only for each item).

1. How long has your cooperative been running? __ 0-5 years __ 6-10 years __ 11-20 years __ 21 years and above 2. What is the size of your cooperative in terms of: a. Members __ 15-30 members __ 31-45 members __ 46-60 members __ 60 members and above

b. Assets __ Less than Php 1 million __ Php 1 million to 5 million __ Php 5.1 million to 10 million __ Above Php 10 million 3. Who can have access to your cooperatives working capital __ President __ Vice President for Finance __ Treasurer __ Any non-officer members of the cooperative __ Others (please specify): _________

B. WORKING CAPITAL MANAGEMENT The following are questions pertaining to the working capital management policies being implemented in your cooperative and other situations that may be experienced by your entity with regards to working capital management. Kindly tick the box that answers the question. LEGEND: 4 Always 3 Often 2 Sometimes 1 Never

CASH MANAGEMENT 1. Do you prepare annual cash budget, which includes possible cash receipts and cash disbursements, at the start of the year? 2. Do your budgeted cash receipts include: a. Payments of credit customers b. Returns from short-term or long-term investments c. Others (please specify):________ 3. Do your projected cash disbursements include: a. Payment to suppliers b. Payment of tax liabilities

c. Payment of short-term borrowings and loans d. Purchase of fixed assets e. Others (please specify):________ 4. Are your cash receipts properly and duly recorded immediately when they occur? 5. Are your cash disbursements authorized and regulated? 6. Do you maintain a minimum cash balance to support its operation? 7. Do you usually have idle cash? 8. Do you invest idle cash to short term investments? 9. Do you invest idle cash to long term investments? 10. Do you invest idle cash to inventories? 11. Do you borrow funds from outside parties? 12. Are cash obtained from borrowings or loans have an intended use? 13. Are they used according to their intended use?

RECEIVABLE MANAGEMENT 1. Are the customers capacity to pay, credit condition and credit standing being assessed before allowing credits? 2. Are collaterals required in giving credits? 3. Do you offer discounts to customers? 4. Do customers pay on time? 5. Do you give discounts for early payment? 6. Do you inform your customers when their credits fall due? 7. Do you have past due customers accounts? 8. Is your credit policy strictly followed?

INVENTORY MANAGEMENT 1. Do you prepare annual volume of stock budget? 2. Do you have a preset volume of goods per purchase? 3. Is such budget strictly followed? 4. Do you experience stock-outs? 5. Do you maintain a reorder point ( level of inventory which

when current inventory level fall to that, the need for reordering arises)? 6. Do you consider the lead time (time between ordering and delivery) in restocking? 7. Do your suppliers incur delays in delivery? 8. Do you take advantage of the discounts offered by your suppliers? 9. Do you check and inspect each good during delivery whether they conform with the requirements youve set upon? 10.Do you have a space or place to store your goods? 11.Are goods stored in a way that it is easy to retrieve them and it is easy to check each kind of inventory for monitoring purposes? 12.Is the storage are or place spacious enough for the volume of your stocks? 13.Are inventory levels properly monitored on the storage area? 14.Do you experience loss of inventories?

ACCOUNTS PAYABLE MANAGEMENT 1. Do you carefully evaluate the execution of credit agreements with your creditors? 2. Do you carefully consider where to obtain loans? 3. Do you borrow to meet the needs of the enterprise? 4. Do you depend too much on debt? 5. Do you experience delays in making payments of current obligations?

PARADIGM OF THE STUDY

INDEPENDENT VARIABLE BUSINESS PROFILE Length of Business Operation Size, in terms of: Number of Members Assets Control or Officer-in-charge of the Working Capital DEPENDENT VARIABLE LEVEL OF IMPLEMENTATION OF WORKING CAPITAL MANAGEMENT POLICIES Cash Management Receivable Management Inventory Management Accounts Payable Management EFFECT OF WORKING CAPITAL MANAGEMENT POLICIES TO Profitability Sustainability EXPECTED OUTPUT EFFECTIVE WORKING CAPITAL MANAGEMENT POLICIES WILL PROVIDE PROFITABILITY AND SUSTAINABILITY FOR COOPERATIVES IN BAGUIO CITY