Impact Of Efficient Capital Budgeting On Profitability Of A Firm (A Study Of Guinness Nigeria Plc, Aba, Abia State)
ABSTRACT
The performance of
any company is measured by its profitability w productivity. Therefore it is
imperative for any for any firm that want to remain relevant to always set out
strategies to actualize its objectives. Capital budgeting, the process of
planning expenditures on assets whose cash flow are expected to extent beyond
one year is one of the important strategies for achieving the goals and
objectives of a firm. The research work focused on the components of capital
budgeting, the techniques used for accepting a capital project and also the
evaluation of the projects. The research work performance of firm! companies.
in carrying out the study, Nigeria breweries plc was used as a case study. In
gathering data used in the research work, primary and secondary sources of data
were consulted. Questionnaires were distributed and information retrieved from
the returned questionnaires. The response from questionnaires was used in
testing the hypothesis empirically with chi-square (X2) using a sample size of
82 out of population of 103. From the findings the result showed that the
profitability and productivity of a firm can be enhanced if capital budgeting
is introduced in an efficient way. It therefore calls on management of
companies wishing to actualize the goal of profitability and growth of their
organization to always seek out opportunities in capital budgeting and pursue
it will all efficiency and vigor.
0.0
EZEOKE, C (2021). Impact Of Efficient Capital Budgeting On Profitability Of A Firm (A Study Of Guinness Nigeria Plc, Aba, Abia State). Repository.mouau.edu.ng: Retrieved Nov 25, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-efficient-capital-budgeting-on-profitability-of-a-firm-a-study-of-guinness-nigeria-plc-aba-abia-state-7-2
CHIDIOGO, EZEOKE. "Impact Of Efficient Capital Budgeting On Profitability Of A Firm (A Study Of Guinness Nigeria Plc, Aba, Abia State)" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 13 Oct. 2021, https://repository.mouau.edu.ng/work/view/impact-of-efficient-capital-budgeting-on-profitability-of-a-firm-a-study-of-guinness-nigeria-plc-aba-abia-state-7-2. Accessed 25 Nov. 2024.
CHIDIOGO, EZEOKE. "Impact Of Efficient Capital Budgeting On Profitability Of A Firm (A Study Of Guinness Nigeria Plc, Aba, Abia State)". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 13 Oct. 2021. Web. 25 Nov. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-efficient-capital-budgeting-on-profitability-of-a-firm-a-study-of-guinness-nigeria-plc-aba-abia-state-7-2 >.
CHIDIOGO, EZEOKE. "Impact Of Efficient Capital Budgeting On Profitability Of A Firm (A Study Of Guinness Nigeria Plc, Aba, Abia State)" Repository.mouau.edu.ng (2021). Accessed 25 Nov. 2024. https://repository.mouau.edu.ng/work/view/impact-of-efficient-capital-budgeting-on-profitability-of-a-firm-a-study-of-guinness-nigeria-plc-aba-abia-state-7-2