Cost behavior: debt and liquidity ratios in consumer companies listed on the BM & FBovespa

• Main Authors: Josiane Marostica, Altair Borgert, Flávia Renata de Souza, Sérgio Murilo Petri
• Format: Article
• Language: Spanish
• Published: Pontificia Universidad Católica del Perú 2016-03-01
• Series: Contabilidad y Negocios: Revista del Departamento Académico de Ciencias Administrativas
• Subjects: comportamento dos custos; setor calçadista; indicadores de desempenho
• Online Access: http://revistas.pucp.edu.pe/index.php/contabilidadyNegocios/article/view/16428

This study aims to identify the cost behavior related to debt and liquidity ratios of companies in the consumer staples sector and footwear subsector which are listed on the BM & FBovespa. The survey collected and analyzed multiple linear regression models for debt and liquidity ratios, and dependent variables such as: cost of production, selling expenses, administrative expenses, financial expenses and net income. Data was collected from Economática (March, 2009-December, 2013). Before regressions, statistical tests were performed to guarantee the validity of the models. Results showed that cost of production is explained by 75% of variations in debt and liquidity ratios. Selling expenses reached an explanatory power of 56%, administrative expenses got 58% compared to the model; and financial expenses showed 69%. The net income analysis showed an explanatory power of 81% of variations.