Prelim Wigan.docx

FINANCIAL PERFORMANCE OF WIGAN SETTLERS COOPERATIVE AT CORDON, ISABELA

A Thesis Presented to the Faculty of the College of Business Administration University of La Salette Inc. Santiago City

In Partial Fulfillment of the requirements of the course RES 002 Methods of Research

Lutrania, Dexter A. Sacalamitao, Rex A. Tolentino, Russel Joshua B. October 2018 ABSTRACT 1

The study discussed the financial performance of Wigan Settlers Multipurpose Cooperative from the years 2013 to 2017. It discusses the profitability, liquidity and stability ratios of the cooperative basing from the Financial Statement given by the Accountant to the shareholders of the cooperative. It was found that the liquid assets of the cooperative are enough to guarantee solvency and be able to cover the current liabilities incurred by the cooperative. In terms of the profitability of the cooperative, revenue are enough even after the operating expenses are deducted and also shows enough revenue to entice more shareholders in divesting their profit shares from their dividends in the cooperative. In terms of the cooperatives stability there are fluctuations in the equity of the establishment but still has enough margins to cover the safety of its creditors and also gives enough courage for the shareholders to reinvest their shares in the cooperative to increase the working capital of the cooperative.

Keywords: Wigan Settlers Multipurpose Cooperative, Financial Performance, liquidity, profitability, stability ACKNOWLEDGEMENT 2

This study would not have been possible without the guidance and help of several individuals who, in one way or another contributed and extended their valuable assistance in the preparation and completion of this study. First and foremost, to our Dr. Peter Paul Cagatao who gave his best suggestions to come up with our title. Our utmost gratitude to Mrs. Teresita Magbitang and Mrs. Jenilou Andal for being always there to supports us throughout our studies; To our family, for the love, support, sacrifices, efforts, and perseverance. To our friends and classmates who have shared their knowledge and took part through the conduct of this study; and Most especially, to the one above all of us, the presence of God, for answering our prayers, for giving us the strength, guidance, and the blessings for the fulfillment of this study. Thank you so much Dear Lord. The Researchers

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DEDICATION We would like to dedicate this thesis to our beloved parents, Friends, teachers and to almighty God, For their endless love, support and encouragement,

The Researchers

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TABLE OF CONTENTS PAGE TITLE PAGE ABSTRACT ACKNOWLEDGEMENT DEDICATION TABLE OF CONTENTS LIST OF TABLES

i ii iii iv v vi

INTRODUCTION Introduction Background of the Study

1 2

Statement of the Problem

3

Theoretical Framework Related Literature and Studies Significance of the Study

3 5 26

METHODOLOGY Research Design Participants and Research Site Instruments or Materials Data Analysis Ethical Considerations

28 28 28 29 29

RESULTS

30

DISCUSSIONS Summary of Findings Discussion of the Findings Implications for Practice Recommendation for further Research Conclusions

35 35 36 36 37

APPENDICES A. Letter to Dean B. Letter to the Respondents C. Literature Matrix 5

LIST OF TABLES

Table No 1 2 3

Liquidity Ratios of Wigan Settlers Multi-Purpose Cooperative

30

Profitability Ratios of Wigan Settlers Multi-Purpose Cooperative

31

Stability Ratios of Wigan Settlers Multi-Purpose Cooperative

32

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