ABSTRACT
In this research work titled “Effect of working capital management on financial performance of manufacturing firms focusing on Nigeria beer sector” the researcher examined the relationship between stock turnover and return on equity. Examined the relationship between current ratio and return on equity. The researcher also ascertained the extent of association between debt collection period and return on equity. The researcher made use of only secondary data from six years annual report and accounts of the two quoted (Guinness Nigeria Plc and Nigeria Brewery Plc) listed on the Nigeria stock exchange were collected and regression analysis was utilized in the data analysis. At end of the research work the researcher found out that there is significant relationship between stock turnover and return on equity. This research work shows that there is significant relationship between current ratio and return on equity. It was also discovered that there is significant association between debt collection period and return on equity. Based on the above findings the researcher recommends that poor performing firms should adequately plan and control their operations, adjust all the short falls as noted from the financial ratios calculated and bring them to standard so as to enhance management of each working capital component and thus improve the organizations’ profitability. Since the world is fast growing towards scientific management where problems are solved even before decisions are made, instead of using poorly constructed models in decision making as the case may be, managers of firms should adopt (solely rely on) the principles of finance. By so doing, management of working capital is guaranteed, even liquidity and profitability of the firm is assured.
ABSTRACT
The purpose of this study, titled “the problems affecting the teaching of poetry in Junior Secondary Scho...
Introduction and Background
Understanding the physics of our surrounding has driven science and technology for a long time and while some...
ABSTRACT
This research work introduces a novel human detection sensor on an IoT node so as to increase the efficiency of sensing human be...
ABSTRACT
This research work is concerned with the time series analysis on the rate of typhoid fever cas...
Statement of the problem
The objective of assessing the effect of internet culture on administrative ef...
Abstract
The research work titled “impact of inventory valuation methods on the profitability of Champion Brewerie...
ABSTRACT
The study examined social support, self-esteem and religiosity as predictors of depression control among youths...
Background to the Study
Electronics media are considered as important instrument in modern world in facilitating quality...
ABSTRACT
The incidence and mortality from breast cancer in Nigeria is on the increase. The health care system in Nigeria is overburdened...
ABSTRACT
The title of this study is to examine the relationship between employee’s participation in decision makin...