Relevance Of Accounting Ratio On The Interpretation Of Corporate Performance (A Study Of Unilever Plc, Lagos)
ABSTRACT
The interpretation of final
accounts and its components as regards the business is a very important
accounting function. This function is made easy through the computation and
interpretation of financial ratios. The aim of this study is to evaluate the
relevance of accounting ratio on the interpretation of corporate performance.
The researcher computed some financial ratios from the published financial
statement of Diamond bank Nig. Plc. These ratios formed the data for the study
and simple regression method of analysis was used to examine the relationship
between the variables. The variables that were considered are accounting ratios
and corporate performance. The study found out there is a significant
relationship between liquidity ratio and corporate performance interpretation.
Also it was gathered that there is a significant relationship between leverage
ratio and corporate performance interpretation. Finally it was concluded by the
study that there is a significant relationship between profitability ratio and
corporate performance interpretation. Based on the above the study recommends
that accounting ratios analysis should be properly appraised in banks in order
for the management to identify the strength and weaknesses inherent in the
system as they serve as performance indicator.
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ONYENWEAKU, C (2021). Relevance Of Accounting Ratio On The Interpretation Of Corporate Performance (A Study Of Unilever Plc, Lagos). Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/relevance-of-accounting-ratio-on-the-interpretation-of-corporate-performance-a-study-of-unilever-plc-lagos-7-2
C, ONYENWEAKU. "Relevance Of Accounting Ratio On The Interpretation Of Corporate Performance (A Study Of Unilever Plc, Lagos)" Mouau.afribary.org. Mouau.afribary.org, 31 Aug. 2021, https://repository.mouau.edu.ng/work/view/relevance-of-accounting-ratio-on-the-interpretation-of-corporate-performance-a-study-of-unilever-plc-lagos-7-2. Accessed 01 Nov. 2024.
C, ONYENWEAKU. "Relevance Of Accounting Ratio On The Interpretation Of Corporate Performance (A Study Of Unilever Plc, Lagos)". Mouau.afribary.org, Mouau.afribary.org, 31 Aug. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/relevance-of-accounting-ratio-on-the-interpretation-of-corporate-performance-a-study-of-unilever-plc-lagos-7-2 >.
C, ONYENWEAKU. "Relevance Of Accounting Ratio On The Interpretation Of Corporate Performance (A Study Of Unilever Plc, Lagos)" Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/relevance-of-accounting-ratio-on-the-interpretation-of-corporate-performance-a-study-of-unilever-plc-lagos-7-2