ABSTRACT
The study seeks to examine financial
accounting ratio as a tool for the evaluation of management performance in
Nigeria. Data was gotten from the financial statement of Nestle PLC as
published on the Nigerian stock exchange market. The study employed the use
ofmultiple ordinary least square regression technique to analyze and test the
three stated hypotheses. Findings from the study revealed that; profitability
ratio has a positive significant effect on gross profit margin as a management
performance evaluation tool. Furtherfindings revealed thatliquidity ratio has a
positive insignificant effect on gross profit margin as a management
performance evaluation tool. Finalfindings revealedleverage ratio has a
negative insignificant effect on gross profit margin as a management
performance evaluation tool. Thus it is recommended that firm managers in
Nigeria should maintain a high profitability ratio as these will give roomfor
them to have enough returns left to meetfirm diverse obligation as well satisfy
the owners ofinterest of the firms. Also, firm managers should also endeavor to
have good liquidity and leverage ratio to enable them facilitates easy and
readily loan transactions and other bu
EGWUATU, C (2024). “Financial Accounting Ratios As Tools For The Evaluation Of Management Performance In Nigeria(A Study Of Nestle Food Nigerian PLC):- Egwuatu Precious C. Mouau.afribary.org: Retrieved Oct 30, 2024, from https://repository.mouau.edu.ng/work/view/financial-accounting-ratios-as-tools-for-the-evaluation-of-management-performance-in-nigeriaa-study-of-nestle-food-nigerian-plc-egwuatu-precious-c-7-2
C, EGWUATU. "“Financial Accounting Ratios As Tools For The Evaluation Of Management Performance In Nigeria(A Study Of Nestle Food Nigerian PLC):- Egwuatu Precious C" Mouau.afribary.org. Mouau.afribary.org, 07 Aug. 2024, https://repository.mouau.edu.ng/work/view/financial-accounting-ratios-as-tools-for-the-evaluation-of-management-performance-in-nigeriaa-study-of-nestle-food-nigerian-plc-egwuatu-precious-c-7-2. Accessed 30 Oct. 2024.
C, EGWUATU. "“Financial Accounting Ratios As Tools For The Evaluation Of Management Performance In Nigeria(A Study Of Nestle Food Nigerian PLC):- Egwuatu Precious C". Mouau.afribary.org, Mouau.afribary.org, 07 Aug. 2024. Web. 30 Oct. 2024. < https://repository.mouau.edu.ng/work/view/financial-accounting-ratios-as-tools-for-the-evaluation-of-management-performance-in-nigeriaa-study-of-nestle-food-nigerian-plc-egwuatu-precious-c-7-2 >.
C, EGWUATU. "“Financial Accounting Ratios As Tools For The Evaluation Of Management Performance In Nigeria(A Study Of Nestle Food Nigerian PLC):- Egwuatu Precious C" Mouau.afribary.org (2024). Accessed 30 Oct. 2024. https://repository.mouau.edu.ng/work/view/financial-accounting-ratios-as-tools-for-the-evaluation-of-management-performance-in-nigeriaa-study-of-nestle-food-nigerian-plc-egwuatu-precious-c-7-2