Role Of Ratio Analysis In Business Decision
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Abstract
This study examined the role of ratio analysis in business decision. the study
specifically examined the effect of ratio analysis in understanding
information contained in the financial statements, effect of ratio analysis on
business decisior, the techniques used in ration analysis and the usefulness
of financial ratios. The taro yamçne techniques was used to select a sample
size of 25 staff form union bank plc Umuahia, Abia state, Nigeria. A wcll
structured questionnaire was used to elicit the data from the respopdents.
likert scale and chi-squire was used to analyze the data and test the
hypothesis of the study. The chis-quare test of the responses suggest the
acceptance of the null hypothesis that ratio analysis has no significant effect
in business decision, but the ratio analysis was observed to be important in
understanding financial reports and predicting the mature of business
performance. Based on the it was recommended that ratio should be
computed to enhance the understanding of financial statements and predict
business performance.
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APA
ROSEMARY, O. N. (2021). Role Of Ratio Analysis In Business Decision. Michael Okpara University of Agriculture. Retrieved June 8, 2026, from http://repository.mouau.edu.ng/works/role-of-ratio-analysis-in-business-decision-7-2
MLA
ROSEMARY, OKORIE NKECHINYERE. "Role Of Ratio Analysis In Business Decision." Michael Okpara University of Agriculture, 10 Jun. 2021, http://repository.mouau.edu.ng/works/role-of-ratio-analysis-in-business-decision-7-2. Accessed June 8, 2026.
Chicago
ROSEMARY, OKORIE NKECHINYERE. "Role Of Ratio Analysis In Business Decision." Michael Okpara University of Agriculture (2021). Accessed June 8, 2026. http://repository.mouau.edu.ng/works/role-of-ratio-analysis-in-business-decision-7-2