ABSTRACT
The performance of any company is measured by its profitability productivity. Therefore it is imperative for any for c1ny firm that want to remain relevant to always set out strategies to actualize its objectives. Capital budgeting, the process of planning expenditures on assets whose cash flow are expected to extent beyond one year is one of the important strategies for achieving the goals and objectives of a firm. The research work focused on the components of capital budgeting, the techniques used for accepting a capital project and also the evaluation of the projects. The research work performance of firm/ companies. In carrying out the study, Nigeria breweries pk was used as a case study. In gathering data used in the research work, primary and secondary sources of data were consulted. Questionnaires were distributed and information retrieved from the returned questionnaires. The response from questionnaires was used in testing the hypothesis empirically with chi-square (X2) using a sample size of 82 out of population of 103. From the findings the result showed that the profitability and productivity of a firm can be enhanced if capita] budgeting is introduced in an efficient way. It therefore calls on management of companies wishing to actualize the goal of profitability and growth of their organization to always seek out opportunities in capital budgeting and pursue it will all efficiency and vigor.
TABLE OF CONTENT
Title page
Evaluation
page
Declaration
Certification
Dedication
Acknowledgment
Table of content
Abstract
CHAPTER ONE: INTRODUCTION
1.1 Background of the study 1
1.2 Statement of the problem 4
1.3 Broad objectives of the study 5
1.4 Research questions 6
1.5 Research hypothesis 6
1.6 Significance of the study 6
... 1.7 Scope of the study 7
1.8 Limitations of the study 7
CHAPTER TWO: LITERATURE REVIEW
2.1 Significance of capital budgeting 8
2.2 Criteria for capital budgeting evaluation 10
2.3 Capital budgeting techniques 12
2.4 Capital budgeting and risk 20
2.5 Capital rationing 21
2.6 Financing of capital budget 24
2.7 Capital budgeting planning and control 25
2.8 Capital budgeting management and performance of a firm 29
CHAPTER THREE: RESEARCH METHODOLOGY
3.1 Research design 33
3.2 Area of study 33
3.3 Population 35
3.4 Sample and sampling techniques 35
3.5 Sources of data 37
3.5.1 Primary data 37
3.5.2 Secondary data 37
3.6 Data analysis technique 37
CHAPTER FOUR: RESULT AND DISCUSSION
4.1 Presentation and analysis of data 39
4.2 Analysis of research question 40
4.3 Interpretation and discussion of result
CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATION
5.1 Summary 4
5.2 Conclusion 50
5.3 Recommendation 52
REFERENCES
APPENDIX
EZEOKE, / (2020). IMPACT OF EFFICIENT CAPITAL BUDGETING ON PROFITABLITY OF A FIRM (A STUDY OF GUINNESS NIGERIA PLC, ABA, ABIA STATE). Mouau.afribary.org: Retrieved Oct 30, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-efficient-capital-budgeting-on-profitablity-of-a-firm-a-study-of-guinness-nigeria-plc-aba-abia-state
/08/1290, EZEOKE. "IMPACT OF EFFICIENT CAPITAL BUDGETING ON PROFITABLITY OF A FIRM (A STUDY OF GUINNESS NIGERIA PLC, ABA, ABIA STATE)" Mouau.afribary.org. Mouau.afribary.org, 25 Mar. 2020, https://repository.mouau.edu.ng/work/view/impact-of-efficient-capital-budgeting-on-profitablity-of-a-firm-a-study-of-guinness-nigeria-plc-aba-abia-state. Accessed 30 Oct. 2024.
/08/1290, EZEOKE. "IMPACT OF EFFICIENT CAPITAL BUDGETING ON PROFITABLITY OF A FIRM (A STUDY OF GUINNESS NIGERIA PLC, ABA, ABIA STATE)". Mouau.afribary.org, Mouau.afribary.org, 25 Mar. 2020. Web. 30 Oct. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-efficient-capital-budgeting-on-profitablity-of-a-firm-a-study-of-guinness-nigeria-plc-aba-abia-state >.
/08/1290, EZEOKE. "IMPACT OF EFFICIENT CAPITAL BUDGETING ON PROFITABLITY OF A FIRM (A STUDY OF GUINNESS NIGERIA PLC, ABA, ABIA STATE)" Mouau.afribary.org (2020). Accessed 30 Oct. 2024. https://repository.mouau.edu.ng/work/view/impact-of-efficient-capital-budgeting-on-profitablity-of-a-firm-a-study-of-guinness-nigeria-plc-aba-abia-state