ABSTRACT
This
research is centered on effect ofinventory methods on the performance
ofNigerian breweries. The research formulated three specific objectives; to
determine the first in First out inventory valuation method on the return on
assets, to evaluate the effect ofstandard price inventory valuation method on
return on equity and to examine the effect ofweighted average inventory valuation
method on return on investment. Thus, research questions and research
hypotheses were structured in accordance with the specific objectives. In a bid
to achieve a meaningful research study work, this research will review related
literatures on the effect ofinventory methods on the performance which were
sub-divided into three subheadings such conceptual framework,
theoreticalframework and empirical review. However, in the quest to perfect
this research; exfacto research design was adopted were data was sourced
secondarily through annual report of Nigeria Breweries PLC which serves as the
instrument. The data sourced covered the range of 2008 - 2018. Simple
regression statistical technique based on E-view 8 was used to analyze the data
collected. Thus, the followingfindings were made based on the analysis that
FIFO inventory method has a significant impact on return on assets ofNigeria
Breweries PLC, that SAP inventory method has a significant impact on return on
equity ofNigeria Breweries PLC and that WAP inventory method has a significant
impact on return investment ofNigeria Breweries PLC. Sequel to the findings and
conclusion, the research made the following recommendations That Nigeria
Breweries PLC and other manufacturing companies should employ the services of
inventory experts to aid them in inventory evaluation planning in other to
maximize the availability of inventory in the company, thatNigeria Breweries
PLCand other manufacturing companiesshould use FIFO method in evaluating their
inventories so asfirstpurchased inventories will not be out offashion for sales
and Finally, it is recommended that WAP should be used to determine the
sellingprice ofgoods and services. Thus, through WAP, current sellingprices
ofproducts will be determined
ELEBUA, E (2024). Effect Of Inventory Valuation Methods On Performance Of Nigeria Breweries Plc:- Elebua, Queentin I. Mouau.afribary.org: Retrieved Oct 30, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-inventory-valuation-methods-on-performance-of-nigeria-breweries-plc-elebua-queentin-i-7-2
ELEBUA, ELEBUA. "Effect Of Inventory Valuation Methods On Performance Of Nigeria Breweries Plc:- Elebua, Queentin I" Mouau.afribary.org. Mouau.afribary.org, 10 Jul. 2024, https://repository.mouau.edu.ng/work/view/effect-of-inventory-valuation-methods-on-performance-of-nigeria-breweries-plc-elebua-queentin-i-7-2. Accessed 30 Oct. 2024.
ELEBUA, ELEBUA. "Effect Of Inventory Valuation Methods On Performance Of Nigeria Breweries Plc:- Elebua, Queentin I". Mouau.afribary.org, Mouau.afribary.org, 10 Jul. 2024. Web. 30 Oct. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-inventory-valuation-methods-on-performance-of-nigeria-breweries-plc-elebua-queentin-i-7-2 >.
ELEBUA, ELEBUA. "Effect Of Inventory Valuation Methods On Performance Of Nigeria Breweries Plc:- Elebua, Queentin I" Mouau.afribary.org (2024). Accessed 30 Oct. 2024. https://repository.mouau.edu.ng/work/view/effect-of-inventory-valuation-methods-on-performance-of-nigeria-breweries-plc-elebua-queentin-i-7-2