Impact of Working Capital on Profitability of Consumer Goods Companies in Nigeria:- Anyaele Justina U
ABSTRACT
This
study is an empirical investigation ofthe impact ofworking capital on the
profitability of consumer goods companies in Nigeria. To achieve this study,
research questions were raised and hypotheses were formulated, and a review of
related literature was made. The main objective of this study is to examine the
impact of working capital on the profitability of consumer goods companies in
Nigeria. The study employed ex-postfacto research design where data was sourced
secondarily from annual reports of selected consumer goods companies , Total
population oftwenty eight (28)consumer goods companies in the Nigerian Stock
Exchange (NSE) was studied with particularly lhree(3)sample size which was
estimated using purposive sampling technique. The data sourced covered the
range of2014-2018. simple linear regressions were used to analyze the data
collected. Thus the following findings was made based on the analysis that
there is a postive and significant relationship between working capital and
profitability, Sequel to the findings and conclusion the research made the
following recommendations that financial manager should have knowledge of the
sources of working capital funds and innovate efficient ways ofmanaging working
capital to optimize its potential so as to avoid waste
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ANYAELE, U (2024). Impact of Working Capital on Profitability of Consumer Goods Companies in Nigeria:- Anyaele Justina U. Repository.mouau.edu.ng: Retrieved Nov 23, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-working-capital-on-profitability-of-consumer-goods-companies-in-nigeria-anyaele-justina-u-7-2
UZUNMA, ANYAELE. "Impact of Working Capital on Profitability of Consumer Goods Companies in Nigeria:- Anyaele Justina U" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 25 Jul. 2024, https://repository.mouau.edu.ng/work/view/impact-of-working-capital-on-profitability-of-consumer-goods-companies-in-nigeria-anyaele-justina-u-7-2. Accessed 23 Nov. 2024.
UZUNMA, ANYAELE. "Impact of Working Capital on Profitability of Consumer Goods Companies in Nigeria:- Anyaele Justina U". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 25 Jul. 2024. Web. 23 Nov. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-working-capital-on-profitability-of-consumer-goods-companies-in-nigeria-anyaele-justina-u-7-2 >.
UZUNMA, ANYAELE. "Impact of Working Capital on Profitability of Consumer Goods Companies in Nigeria:- Anyaele Justina U" Repository.mouau.edu.ng (2024). Accessed 23 Nov. 2024. https://repository.mouau.edu.ng/work/view/impact-of-working-capital-on-profitability-of-consumer-goods-companies-in-nigeria-anyaele-justina-u-7-2