Effect Of Inventory Valuation Method On The Performance Of Brewery Companies
ABSTRACT
The study was carried to determine the effect of inventory
valuation method on the performance of brewery companies from 2000 to 2015. Inventory
valuation method induces such as First in first out, last in first out and
weighted average method were considered in determining the effective valuation
method that will enhance Breweries performance. Secondary data were sourced
from Annual Reports of Nigeria breweries and it was analyzed with simple
regression analysis using the Ordinary Least Squares (OLS) method. The result
revealed that First in first out and last in first out has a significant and
positive influence on return on asset and return on equity of Nigeria breweries
while weighted average price method is positive but insignificant. It was
recommended that management of Nigerian breweries should also pay more
attention on weighted average price method on their inventory evaluation, this
will pave way for other investment opportunity and also enhance the
organizational performance.
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MICHAEL, U (2021). Effect Of Inventory Valuation Method On The Performance Of Brewery Companies. Repository.mouau.edu.ng: Retrieved Nov 26, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-inventory-valuation-method-on-the-performance-of-brewery-companies-7-2
UNIVERSITY, MICHAEL. "Effect Of Inventory Valuation Method On The Performance Of Brewery Companies" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 19 Jul. 2021, https://repository.mouau.edu.ng/work/view/effect-of-inventory-valuation-method-on-the-performance-of-brewery-companies-7-2. Accessed 26 Nov. 2024.
UNIVERSITY, MICHAEL. "Effect Of Inventory Valuation Method On The Performance Of Brewery Companies". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 19 Jul. 2021. Web. 26 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-inventory-valuation-method-on-the-performance-of-brewery-companies-7-2 >.
UNIVERSITY, MICHAEL. "Effect Of Inventory Valuation Method On The Performance Of Brewery Companies" Repository.mouau.edu.ng (2021). Accessed 26 Nov. 2024. https://repository.mouau.edu.ng/work/view/effect-of-inventory-valuation-method-on-the-performance-of-brewery-companies-7-2