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THE USE OF FINANCIAL RATIOS FOR THE ASSESSMENT OF THE PERFORMANCE AND THE PROFITABILITY OF A FIRM

CHAPTER ONE INTRODUCTION 1.1    BACKGROUND OF THE STUDY The significance of Financial ratios and its analysis can not be over emphasized. According to Iloh (2011), a good financial planning for any functional organization has to be related to the existing strength and weakness of such organization. In the effort to discover the aforementioned factors, it becomes necessary to evaluate the performance of such organization over a given period. Financial Ration ...

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