Abstract. Rapid technologic advancement alongside with increasing individual needs determine popularity of information technologies. As a result, a number of newly-developed instruments that enable to make payments in the methods different from cash are introduced to consumers in the payment market. The aim of this article is to establish how widely cash is used for making payments in Lithuanian payment market. The results of the research have revealed that the number of cash settlements in Lithuanian payment market is decreasing. Although the number of newly issued debit and credit cards is increasing, cash remains the prevalent method of payment, which corresponds to the trends of payment in the EU payment market.
Abstract. Constant changes in business environment determine the significance of receivables to business. The analysis of the current situation in Lithuania has revealed that a substantial part of business enterprises are facing the problem of overdue receivables. This issue emerged as extremely topical after the beginning of the economic crisis in 2008. A number of scientific studies confirmed that the level of receivables has a significant impact not only on smooth business operation but also on operational results and serves as the cause of numerous economic and social problems, faced by both business enterprises and the state. Rising level of receivables determines slower recovery of total economics because it has a negative impact on the sustainability of the public sector of the country. In addition, the scientists highlight economic problems such as production capacity losses, general decrease in competitiveness and failure to satisfy the debt claims. The social problems include the increase in unemployment rate, fall of living standards, dissatisfaction with poor economics of the country and uncertainty about the future. The aim of this article is to analyse the impact of receivables on business in Lithuania. The methods of the research include scientific literature analysis and statistical data analysis.
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