CONSIDERATIONS ON THE FINANCIAL EQUILIBRIA OF ROMANIAN ENTERPRISES TOURISM

ANDONE Diana, Babes-Bolyai University Cluj-Napoca

Abstract:
Financial equilibria of an enterprise is constantly a target of any manager as it depends on the viability and prosperity of the business. If in the past financial equlibria were seen only through comparison of static working capital and working capital requirements and its resultant net tresaury with the adoption of IAS and especially after the adoption of IFRSs, requires a new approach to namely a dynamic approach balances seen in terms of short-term liquidity, long term solvency terms and by linking performance with the company's cash flow. That is why in this paper we present the three components of the dynamic balance of tourism enterprises, namely: the liquidity balance, equilibrium and balance the performance solvency and cah flow.

Keywords: liquidity, solvency, financial equilibrium, performance, cash flow, equilibria

JEL Classification: D57, G33

Volume: 67, Issue: 5

Pages: 7 - 15

Publication date: September, 2015

Download the article: http://economice.ulbsibiu.ro/revista.economica/archive/67501andone.pdf

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