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体积 11, 问题 2 (2020)

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Analysis of the Influencing Factors of Housing Price in Saudi Arabia

Alhawil, Abdulaziz Saud* and Suhong li

An analysis of key factors that determine the housing price in Saudi Arabia has been presented. The analysed studies have indicated that the cause for the high housing
price is the high-interest rates of mortgages, high cost of land acquisition, high construction cost due to materials and labour as well as the oil boom that gave rise to
inflation. However, there have been efforts to curb the high cost of housing. These efforts are the ambitious project of smart cities, the rise of microfinance sector that
offers affordable interest rates on mortgages, the practice of crowd funding, the incorporation of sustainability practices whose effect is the innovation that leads to
reduced housing cost as well as the government commitment to upgrade slums areas to accommodate more people. These initiatives would lead to a balance of demand
and supply thereby stabilization of housing prices.

研究

Working Capital Management Systems in Manufacturing Companies “A Case Study of Sierra Leone Brewery Limited"

Ezekiel K. Duramany-Lakkoh

This study seeks to answer basic research questions. The working capital processes and efficiency of a manufacturing company in managing its cash operating cycle, using
operating cycle model. For most part, the study agrees that Sierra Leone Brewery Limited has a strong working capital management system, where both the strategy and
operational level are involved in budgetary and planning issues. The study also shows that an improvement in both current and quick ratios for the period from 2012 to 2015.
Current ratios moves from (0.74: 1) < 2 in 2012 to (3.36:1) > 2 in 2015. The cash operating cycle, otherwise known as working capital cycle also falls from 447days in 2012 to
182 days in 2016, showing that the business improves in converting its investment into liquidity.

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