ABSTRACT
The study focuses on the effects of liquidity management in the profitability of manufacturing firms in Nigeria. The problem of the study is to know the significance of liquidity management in the profitability of manufacturing firms. The main objective of the study is to determine the extent to which liquidity management affects the profitability of Nestle Nigeria Pie. The researcher employed ex-post facto research design, secondary data was employed and multiple regression model was adapted. The population for this study was obtained from the annual report and financial summary of Nestle ·Nigeria Pie. between 2012-2016 i.e 5(fi.ve) years period The study adopted the empirical methodology
framework. The findings revealed that there exist a very high relationship between current ratio and the various dependent variables i. e Return on Assets, Return on Equity and Profit afier Tax. Therefore the researcher concludes that there is a positive and significant relationship between liquidity management and profitability of manufacturing firms in Nigeria. The researcher therefore recommends that adequate investment analysis, which has the benefit of sieving out unprofitable investments and even avoiding unnecessary taking of risks, thereby increasing the profitability of the manufacturing firms in Nigeria. 171e researcher also recommends that engagement of competent and qualified personnel with adequate knowledge and experience in liquidity management lo enable effective decision Making so as to enable the manufacturing firms meet up with their short term obligation as at when due.
SUNDAY, C (2021). Effects Of Liquidity Management On The Profitability Of Manufacturing Firms In Nigeria (A Study Of Nestle Nigeria Plc). Mouau.afribary.org: Retrieved Oct 31, 2024, from https://repository.mouau.edu.ng/work/view/effects-of-liquidity-management-on-the-profitability-of-manufacturing-firms-in-nigeria-a-study-of-nestle-nigeria-plc-7-2
CHINONYEREM, SUNDAY. "Effects Of Liquidity Management On The Profitability Of Manufacturing Firms In Nigeria (A Study Of Nestle Nigeria Plc)" Mouau.afribary.org. Mouau.afribary.org, 30 Apr. 2021, https://repository.mouau.edu.ng/work/view/effects-of-liquidity-management-on-the-profitability-of-manufacturing-firms-in-nigeria-a-study-of-nestle-nigeria-plc-7-2. Accessed 31 Oct. 2024.
CHINONYEREM, SUNDAY. "Effects Of Liquidity Management On The Profitability Of Manufacturing Firms In Nigeria (A Study Of Nestle Nigeria Plc)". Mouau.afribary.org, Mouau.afribary.org, 30 Apr. 2021. Web. 31 Oct. 2024. < https://repository.mouau.edu.ng/work/view/effects-of-liquidity-management-on-the-profitability-of-manufacturing-firms-in-nigeria-a-study-of-nestle-nigeria-plc-7-2 >.
CHINONYEREM, SUNDAY. "Effects Of Liquidity Management On The Profitability Of Manufacturing Firms In Nigeria (A Study Of Nestle Nigeria Plc)" Mouau.afribary.org (2021). Accessed 31 Oct. 2024. https://repository.mouau.edu.ng/work/view/effects-of-liquidity-management-on-the-profitability-of-manufacturing-firms-in-nigeria-a-study-of-nestle-nigeria-plc-7-2