Effect Of Deprecation Methods On The Financial Performance Of Manufacturing Companies In Abia State (A Study Of Pz Nig. Plc Aba)
ABSTRACT
This study focuses on the
depreciation methods used by FZ Nig Plc Aba, Abia State. This was aimed to
determine the extent to which depreciation methods affect the financial
performance of manufacturing companies Nigeria. The means of apportioning cost
to fixed assets and that depreciation helps in recovering the cost of assets at
the end of their useful lives. Journals, books and annual financial reports
were used in collection of the secondary data; simple percentages were used in
the analysis of the data where as analysis of variance (ANOVA) technique was
used to test the hypothesis. Findings made after the analysis of the data was
that the study revealed that estimated coefficient of the regression parameter
have a positive of sign and thus conform to our prior expectation. The
implication of this finding is that the dependent variables profit after tax is
negatively affected by the straight line method of depreciation and reducing
balance method of depreciation (straight line method); it was however
recommended that companies should try to use other different suitable methods
of depreciation of fixed assets.
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MICHAEL, U (2021). Effect Of Deprecation Methods On The Financial Performance Of Manufacturing Companies In Abia State (A Study Of Pz Nig. Plc Aba). Repository.mouau.edu.ng: Retrieved Nov 26, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-deprecation-methods-on-the-financial-performance-of-manufacturing-companies-in-abia-state-a-study-of-pz-nig-plc-aba-7-2
UNIVERSITY, MICHAEL. "Effect Of Deprecation Methods On The Financial Performance Of Manufacturing Companies In Abia State (A Study Of Pz Nig. Plc Aba)" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 19 Jul. 2021, https://repository.mouau.edu.ng/work/view/effect-of-deprecation-methods-on-the-financial-performance-of-manufacturing-companies-in-abia-state-a-study-of-pz-nig-plc-aba-7-2. Accessed 26 Nov. 2024.
UNIVERSITY, MICHAEL. "Effect Of Deprecation Methods On The Financial Performance Of Manufacturing Companies In Abia State (A Study Of Pz Nig. Plc Aba)". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 19 Jul. 2021. Web. 26 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-deprecation-methods-on-the-financial-performance-of-manufacturing-companies-in-abia-state-a-study-of-pz-nig-plc-aba-7-2 >.
UNIVERSITY, MICHAEL. "Effect Of Deprecation Methods On The Financial Performance Of Manufacturing Companies In Abia State (A Study Of Pz Nig. Plc Aba)" Repository.mouau.edu.ng (2021). Accessed 26 Nov. 2024. https://repository.mouau.edu.ng/work/view/effect-of-deprecation-methods-on-the-financial-performance-of-manufacturing-companies-in-abia-state-a-study-of-pz-nig-plc-aba-7-2