130 Pages
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18,565 Words
INTRODUCTION 1.1 BACKGROUND OF THE STUDY Recent researchers have been shown that one of the main causes of indigenous business failure in this country is failure to maintain proper financial records. Many business have been operated with merely a single entry memorandum record of transactions and others with no records whatever, except possible cheque stubs. As a result, business decisions are based on quesses and intruition. Ola (1985 […]
75 Pages
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10,044 Words
INTRODUCTION According to annual report of the Central Bank of Nigeria, the Nigeria economy has performed less well in the 1980’s than the 1970’s. Much of the growth in both periods was based on performance of the oil sector. By 1970 oil output stood at 558 million barrels and increased to 823 million barrels by 1973. Between 1975 – 1985, oil output per day averaged between 1.8 and 2.3 million barrels respectively. With the dramatic ri […]
147 Pages
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26,204 Words
INTRODUCTION Nigeria as a nation blessed with both human and natural resources can attain high economic development with little effort and sincerity on the part of her citizens. One of the ways to achieve this economic development is through the establishment of an industries to process the huge maturely resources into conformable goods. Therefore the establishment of small-scale industries all over the country is a right step in the r […]
78 Pages
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8,236 Words
Company budgeting involves allocation of source financial resources to long term investment. Thus, because of the involved capital there is need for adequate manager. Through the aid of theories and provided with capital budgeting techniques that aid capital budgeting appraisal. This study investigate, the subject of capital budgeting in relation to public and private companies. The companies use such a management tool companies uses i […]
59 Pages
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6,586 Words
In recent times, there has been growing concern about the rising but volatile rate of investments in Nigeria. Thus concern stem from the fact that investment plays a dominant role in stimulating growth. The study buttress on the overview and empirical analyses into the determinant of investment in Nigeria in other to achieve the objective hypotheses which was stated with the purpose of achieving current and future stable and upswing of […]
114 Pages
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14,709 Words
Investment appraisal in a depressed economy tries to center of how possible it is for business men to invest in the economy with it downward slide. It also looks at the different investment raise techniques that can be used in appraising the different types of investment questionnaire were given to twenty-five respondents of the study company. Cad bury who air there view bout the topic and though the response made by them, following fi […]
77 Pages
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9,732 Words
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 are efficient or inefficient in uti […]