ABSTRACT
This research work is
expected to provide the importance of accounting ratio in business management
decision and its relevance to financial performance to every organization with
respect to Saclux Paints Manufacturing Company Limited. The study among other
things considers the relevant concepts adopted in ratio analysis and various
works by some authors, it examines the extent of utilization and effect of
financial ratios on the divisional earning view of five years. Primary data of
mine were through questionnaires which were used to obtain facts from both the
top and middle managers of the selected division in the group. Generalization
was made through data collected and the data were subjected to analysis which
showed the relevance and impact of financial ratio in business management
decision and information system to the organization. However, this research
work showed the relevance of the financial ratio analysis mostly to both
private and publics of an organization, that is, the equity holder, short-term
creditors, long-term creditors, the management, the customers/client and the
tax authority. Also, a lending banker can also be able to asses the liability
of a borrowing firm with the help of ratio analysis in order to decide on
whether to or not to extent credits. To examine this research work, the
researcher embarked on secondary sources of data as recommended. This entails
the review of related literature by renowned and prominent authors of text
books, journals, magazines and newspapers, as well as other publications. This
research work is essential for both students and those in the agricultural
sector. It constitutes a good reading for practitioners in the field of
agriculture.
OCHEA, E (2021). Uses Of Accounting Ratios In Business Management Decision In Nigeria (A Study Of Saclux Paints Nigeria Ltd). Mouau.afribary.org: Retrieved Nov 28, 2024, from https://repository.mouau.edu.ng/work/view/uses-of-accounting-ratios-in-business-management-decision-in-nigeria-a-study-of-saclux-paints-nigeria-ltd-7-2
EKE, OCHEA. "Uses Of Accounting Ratios In Business Management Decision In Nigeria (A Study Of Saclux Paints Nigeria Ltd)" Mouau.afribary.org. Mouau.afribary.org, 09 Nov. 2021, https://repository.mouau.edu.ng/work/view/uses-of-accounting-ratios-in-business-management-decision-in-nigeria-a-study-of-saclux-paints-nigeria-ltd-7-2. Accessed 28 Nov. 2024.
EKE, OCHEA. "Uses Of Accounting Ratios In Business Management Decision In Nigeria (A Study Of Saclux Paints Nigeria Ltd)". Mouau.afribary.org, Mouau.afribary.org, 09 Nov. 2021. Web. 28 Nov. 2024. < https://repository.mouau.edu.ng/work/view/uses-of-accounting-ratios-in-business-management-decision-in-nigeria-a-study-of-saclux-paints-nigeria-ltd-7-2 >.
EKE, OCHEA. "Uses Of Accounting Ratios In Business Management Decision In Nigeria (A Study Of Saclux Paints Nigeria Ltd)" Mouau.afribary.org (2021). Accessed 28 Nov. 2024. https://repository.mouau.edu.ng/work/view/uses-of-accounting-ratios-in-business-management-decision-in-nigeria-a-study-of-saclux-paints-nigeria-ltd-7-2