Financial analysis and decision making in a Peruvian tourism services company
DOI:
https://doi.org/10.51252/race.v3i1.685Keywords:
horizontal analysis, vertical analysis, pandemic, financial ratioAbstract
This research sought to examine the relationship between financial analysis and decision making in the tourism services company Rioja EIRL, located in the district of Rioja, Peru, during the periods 2019-2020. For this purpose, a basic type study, quantitative approach, correlational level and non-experimental design was used. The sample consisted of 20 employees, and questionnaires and documentary analysis were used for data collection. The results revealed a significant correlation between horizontal, vertical and financial analysis, as well as between financial analysis and decision making, with Spearman correlation coefficients of 0.721, 0.594, 0.658 and 0.671 respectively. Furthermore, it was observed that all these correlation coefficients had a p-value of less than 0.05. In conclusion, it is established that there is a positive correlation between financial analysis and decision making.
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Copyright (c) 2024 Javier Solsol-Chávez, Koraly Ximena García-Vásquez, Fernando Ruiz-Saavedra
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