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AN ASSESSMENT OF ACCOUNTING RATIO AS INDICES FOR EVALUATING CORPORATE PERFORMANCE IN THE BANKING SECTOR (A CASE STUDY OF UBA NIGERIA PLC)

CHAPTER ONE 1.0     INTRODUCTION 1.1     BACKGROUND TO THE STUDY Accounting ratios is primarily designed to meet the information needs of equity investors, bankers, analysts, lawyers, government and creditors. The objective of the ratio analysis includes the comparative measurement of the risk and return facilitating intelligent investment on credit decisions. Accounting ratios generally, can be seen as a process that involves standardization in the use of standardized report methods. Financial statement and other ...

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