ABSTRACT

This research aims to examine the effect of investigative appraisal techniques on performance of manufacturing firms in Nigeria. This study analysis the effect of acquisition affixed asset on the return ofassets, the effect ofacquisition offixed asset on the profit after tax and the impact of acquisition offixed asset on returns of asset of manufacturing firms in Nigeria. The study will be beneficiary to management, scholars, investor and regulatory authority. The study was carried out using Nigeria bottling company from 2010 -2018 an eight period using the audited annual, internet and journals. Primarily we employed the portfolio investment theory, utility theory, Arbitrage theory of capital asses pricing and the liquidity premium theory. Secondary source of data was employed and expo-facto research designed, the method of data analysis for this work was regression estimate and data collected was analyzed using SPSS version 20. The findings ofthe study shows that there is no significant relationship betweenfixed asset acquisition on the profit after tax, it also shows that here is no significant effect of acquisition offixed asset on return of asset, the study finally show that a positive but significant relationship between acquisition offixed asset on return ofequity. Thus it was concluded that the adoption ofstrategicfinancial management is advocated to enable the critical analysis and selection of asset acquisition decisions for increased profitability and also the employment of expert services is recommended when necessary to reduce loss ofinvestment opportunities due to inadequate information.