ABSTRACT
This study examined the relationship between firm financial management techniques and profitability. Six variables including Long-term-debt to Equity ratio (LTDER), Inventory turnover ratio (ITR), Debtors’ turnover ratio (DTR), Creditors’ velocity (CRSV), Total assets turnover ratio (TATR) and Net profit margin (NPM). Profitability as a dependent variable is represented by Net profit margin (NPM) while LTDER, ITR, DTR, CRSV and TATR were used. Descriptive statistics and multiple regressions were applied to data obtained from the annual financial statements of sampled business companies quoted on the Nigerian Stock Exchange. The results of the analysis showed that there is a positive relationship between LTDER, DTR, TATR and profitability while ITR and CRSV have negative relationships with profitability. Given the findings, the study recommends that the inventories of the company should be monitored more frequently to prevent stock-out or over stocking conditions of their products, that creditors’ velocity should be at a point where the creditors and purchases are equal in order to take the advantage of credit facility and any discount associated with prompt payment for goods to increase the profitability of the company.
Abstract
This study is on application of audio visual aid in teaching English language in secondary school. The to...
Background to the Study
It is the smallest unit of society and one of the primary agents of socialization inside the fam...
OBJECTIVES OF THE STUDY
The major objective of the study is to design and implement an online campus opinion poll system...
ABSTRACT
This project examined the sociolinguistics Analysis of Language Used in Nigerian Markets: Implication of Language Education Poli...
ABSTRACT
This study is an assessment of the impact of the present power transition in the international system and the implication it por...
ABSTRACT
This study aims at appraising the Tortious Liability of Trade Unions in Nigeria in relation to the existing laws such as Trade U...
ABSTRACT
The study examined perceived influence of broken home on the academic achievement of senior se...
ABSTRACT
Most of the theories on the origins of language have all shown that language arose of man's desire to adapt...
ABSTRACT
The purpose of the study is to investigate the effects of electronic banking on organizational performance at case study of Dang...
ABSTRACT
This study examined the contributions of the latest communication office equipment to job efficiency of the secretary in Nig...