Case Of Financial Ratios As Tools For Evaluating The Performance Of Companies For Investment Decision (Case Study Of Nigeria Breweries Plc Ani) (Guinness Nigeria Plc)
ABSTRACT
Accounting in formation provided by means of financial statements-The income statements and balance sheets are often in summarized form. Viewed on the surface, the truths about the results and the financial position of a company hidden in them remain unveiled. To be of optimal benefit and as well, enable the users make well informed decisions; financial statements need to be analyzed by means of ratios. Therefore in order to establish the use of accounting ratios as a tool for evaluating the performance of companies for investment decisions, this research is carried out using Guinness Nigeria plc and Nigerian breweries plc as the case study. The researcher adopted a survey/cross sectional design and made use of both primary and secondary sources of data collection. However for the former questionnaires were administered whereas for the latter relevant data were received. After the analysis conducted in chapter four using ANOVA and correlation, we found out that ratio analysis has a significant effect on the investment performance of the companies. Finally, it was established that financial ratio is a very useful tool in investment decision and should be used with careful examination and proper understanding of the meaning. implication and effect of actual figures shown in the financial statements in order to avoid making wrong judgments conclusion and decisions.
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IROH, A (2021). Case Of Financial Ratios As Tools For Evaluating The Performance Of Companies For Investment Decision (Case Study Of Nigeria Breweries Plc Ani) (Guinness Nigeria Plc). Repository.mouau.edu.ng: Retrieved Nov 26, 2024, from https://repository.mouau.edu.ng/work/view/case-of-financial-ratios-as-tools-for-evaluating-the-performance-of-companies-for-investment-decision-case-study-of-nigeria-breweries-plc-ani-guinness-nigeria-plc-7-2
AUSGUSTA, IROH. "Case Of Financial Ratios As Tools For Evaluating The Performance Of Companies For Investment Decision (Case Study Of Nigeria Breweries Plc Ani) (Guinness Nigeria Plc)" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 23 Jun. 2021, https://repository.mouau.edu.ng/work/view/case-of-financial-ratios-as-tools-for-evaluating-the-performance-of-companies-for-investment-decision-case-study-of-nigeria-breweries-plc-ani-guinness-nigeria-plc-7-2. Accessed 26 Nov. 2024.
AUSGUSTA, IROH. "Case Of Financial Ratios As Tools For Evaluating The Performance Of Companies For Investment Decision (Case Study Of Nigeria Breweries Plc Ani) (Guinness Nigeria Plc)". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 23 Jun. 2021. Web. 26 Nov. 2024. < https://repository.mouau.edu.ng/work/view/case-of-financial-ratios-as-tools-for-evaluating-the-performance-of-companies-for-investment-decision-case-study-of-nigeria-breweries-plc-ani-guinness-nigeria-plc-7-2 >.
AUSGUSTA, IROH. "Case Of Financial Ratios As Tools For Evaluating The Performance Of Companies For Investment Decision (Case Study Of Nigeria Breweries Plc Ani) (Guinness Nigeria Plc)" Repository.mouau.edu.ng (2021). Accessed 26 Nov. 2024. https://repository.mouau.edu.ng/work/view/case-of-financial-ratios-as-tools-for-evaluating-the-performance-of-companies-for-investment-decision-case-study-of-nigeria-breweries-plc-ani-guinness-nigeria-plc-7-2