Project Topic on RATIO ANALYSIS AS A TOOL FOR PERFORMANCE EVALUATION OF STATE OWNED ENTERPRISE: A CASE STUDY OF TRANSNAMIB

  • Type: Project
  • Department: Accounting
  • Project ID: ACC1904
  • Access Fee: ₦3,000 ($20)
  • Pages: 44 Pages
  • Format: Microsoft Word
  • Views: 647
  • Report This work

For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Abstract

The study evaluates the performance of TransNamib using ratios analysis, to determine how the company performs by breaking further the information in the financial statements for the financial year 2012 and 2013.

The study used descriptive to interpret secondary data which were obtained from TransNamib. Performance was measured using different financial ratios such as Liquidity, which indicated that the company position to pay its short term debts was very bad. Profitability ratios show that the company didn’t make profit due to high operating expenses and a decrease in revenue. However the assets management ratio reveals some improvement in terms of managing company’s current assets like, a significant decrease in account receivable of the company due to a reduction in collection period, while the account payable ratio was low due to availability of cash.

The study reveals that TransNamib depends on debts to fund its assets, which means the company was at high risk of bankruptcy. Based on findings of the study the following were recommended: to increase credit sale by using new methods of promoting products at a reasonable price, Putting strong internal control to oversee the authorization of company’s expenditures and lastly shareholder (government) must replace its old fixed assets for the company to provide excellent and reliable rail services at lower operating cost. 

RATIO ANALYSIS AS A TOOL FOR PERFORMANCE EVALUATION OF STATE OWNED ENTERPRISE: A CASE STUDY OF TRANSNAMIB
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Share This
  • Type: Project
  • Department: Accounting
  • Project ID: ACC1904
  • Access Fee: ₦3,000 ($20)
  • Pages: 44 Pages
  • Format: Microsoft Word
  • Views: 647
Payment Instruction
Bank payment for Nigerians, Make a payment of ₦ 3,000 to

Bank GTBANK
gtbank
Account Name Obiaks Business Venture
Account Number 0211074565

Bitcoin: Make a payment of 0.0003 to

Bitcoin(Btc)

btc wallet
Copy to clipboard Copy text

500
Leave a comment...

    Details

    Type Project
    Department Accounting
    Project ID ACC1904
    Fee ₦3,000 ($20)
    No of Pages 44 Pages
    Format Microsoft Word

    Related Works

    Abstract The study evaluates the performance of TransNamib using ratios analysis, to determine how the company performs by breaking further the information in the financial statements for the financial year 2012 and 2013. The study used descriptive to interpret secondary data which were obtained from TransNamib. Performance was measured using... Continue Reading
    Abstract The study evaluates the performance of TransNamib using ratios analysis, to determine how the company performs by breaking further the information in the financial statements for the financial year 2012 and 2013. The study used descriptive to interpret secondary data which were obtained from TransNamib. Performance was measured using... Continue Reading
    INTRODUCTION Ratio  has been most important tools for the effective  development of manufacturing companies and industries, the major uses of ratio is to  access the profitability, gearing, liquidity and asset turnover of the company. The introduction of ratio analysis in manufacturing company has brought about a turn around in many industry... Continue Reading
    INTRODUCTION Ratio has been most important tools for the effective development of manufacturing companies and industries, the major uses of ratio is to access the profitability, gearing, liquidity and asset turnover of the company. The introduction of ratio analysis in manufacturing company has brought about a turn around in many industry and... Continue Reading
    TABLE OF CONTENT Title page                                                                                                                   i Certification                     ... Continue Reading
    (A CASE STUDY OF GLAXOSMITHKLINE) CHAPTER ONE INTRODUCTION 1.0     INTRODUCTION Ratio  has been most important tools for the effective  development of manufacturing companies and industries, the major uses of ratio is to  access the profitability, gearing, liquidity and asset turnover of... Continue Reading
      TABLE OF CONTENT TITLE PAGE                                                                        CERTIFICATION                                                                 ... Continue Reading
    ABSTRACT This study investigated financial ratio as a tool for measuring performance in an industry with specific focus on Nigerian Breweries Plc and Guiness Nigeria Plc. Six objectives were stated from chapter one and several literatures were reviewed in the second chapter. Informed by the six objectives stated, four hypotheses were formulated... Continue Reading
    . TABLE OF CONTENT CHAPTER ONE: INTRODUCTION Background of the study Statement of the problem Objectives of the study Research questions Scope of the study Definition of terms CHAPTER TWO: LITERATURE REVIEW The meaning of state owned enterprise Reasons for... Continue Reading
    ABSTRACT This study seeks to study the bank lending functions in Nigerian banks, with a view to ironing out the factors militating against the attainment of sound lending which contribute in no small measure to the non-recovery of loans.  Investigating the extent to which ratio analysis assist bank managers in their decision in lending.  Bank... Continue Reading
    Call Us
    Get this work
    whatsappWhatsApp Us