Download Tag: FINANCIAL RATIOS

Abstract This study was on an empirical study into the use of financial ratios as a predictor of business failure. Three objectives were raised which included: To assess the relevance of financial ratios on business organizations, to determine what are the various financial ratios used in small scale businesses and to establish what ratios are the significant predictors of business failure. A total of 77 responses were received and validated ...

ABSTRACT     Risks and uncertainties are factors, which a business must face so long as it remains a going concern. Thus to avoid the effect of such risks and uncertainties, management and other potential businessmen are advised to adopt the tool of financial ratios.          The financial ratios will expose the position of the business in terms of performance and efficiency of operations. They show whether the management ...

CHAPTER ONE   INTRODUCTION Planning is one of the most important aspects in the management o a firm. It involves an appraisal of the past performance of the firm and a projection into the future. It is also related to existing strengths and weaknesses of the firm. The strength must be understood if they are to be used for proper advantage and the weaknesses must be recognized if corrective action is ...

CHAPTER ONE   INTRODUCTION Planning is one of the most important aspects in the management o a firm. It involves an appraisal of the past performance of the firm and a projection into the future. It is also related to existing strengths and weaknesses of the firm. The strength must be understood if they are to be used for proper advantage and the weaknesses must be recognized if corrective action is ...

CHAPTER ONE 1.1  INTRODUCTION Management should be particularly interested in knowing the financial strengths of the firm to make their best use and to be able to spot out the financial weakness of the firm to take suitable corrective actions. Thus, Economic analysis is the starting point for making plans, before using any sophisticated forecasting and budgeting procedures. The strength and weakness of the firm need to be understood, so that ...