THE USE OF ACCOUNTING RATIO AS A MEASURE OF A MANAGEMENT PERFORMANCE AND EFFICIENCY (A CASE STUDY OF TEXACO NIG PLC).

  • Type: Project
  • Department: Accounting
  • Project ID: ACC2920
  • Access Fee: ₦5,000 ($14)
  • Pages: 45 Pages
  • Format: Microsoft Word
  • Views: 475
  • Report This work

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

CHAPTER ONE

INTRODUCTION

1.1           BACKGROUND OF THE STUDY

Interpretation of account is the art and science of translating the figures, this is such a way as to reveal the financial strengthen and weaknesses of a business.

Ratio analysis is a powerful tool of accounting analysis. A ratio is defined as the indicated quotient of two mathematical expressions as the relationship between two or more things.

In accounting analysis, a ratio is used as index or yardstick for evaluating the financial position and performance of a firm or company.

More so ratio analysis involves company figures in terms of relation to another figure. It is computed by dividing one number, that is it base into another ratio analysis facilitates the evaluation of accounting information by educating such data into a smaller unit. One of the utility of accounting analysis is that it is not affected by the relative size of the activities or department being compared. Thus it allows for comparison between small and large firm within the same industry. Ratio analysis in addition to providing us the means by which we test for the efficiency of various features of the business as presented by the financial statement, it also make it possible for the management to compare the performance of a firm with those of other firm in the same industry and within the same organization between different years.

THE USE OF ACCOUNTING RATIO AS A MEASURE OF A MANAGEMENT PERFORMANCE AND EFFICIENCY (A CASE STUDY OF TEXACO NIG PLC).
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Share This
  • Type: Project
  • Department: Accounting
  • Project ID: ACC2920
  • Access Fee: ₦5,000 ($14)
  • Pages: 45 Pages
  • Format: Microsoft Word
  • Views: 475
Payment Instruction
Bank payment for Nigerians, Make a payment of ₦ 5,000 to

Bank GTBANK
gtbank
Account Name Obiaks Business Venture
Account Number 0211074565

Bitcoin: Make a payment of 0.0005 to

Bitcoin(Btc)

btc wallet
Copy to clipboard Copy text

500
Leave a comment...

    Details

    Type Project
    Department Accounting
    Project ID ACC2920
    Fee ₦5,000 ($14)
    No of Pages 45 Pages
    Format Microsoft Word

    Related Works

    CHAPTER ONE INTRODUCTION 1.1            BACKGROUND OF THE STUDY Interpretation of account is the art and science of translating the figures, this is such a way as to reveal the financial strengthen and weaknesses of a business. Ratio analysis is a powerful tool of accounting analysis. A ratio is defined as the indicated quotient of two... Continue Reading
    RATIO analysis is a powerful tool of financial analysis. According to Kennedy and Macmillan, RATION  is defied as the indicated quotient of two mathematical expressions” and as the relationship between two or more thing” in financial analysis a ration is used as an index or yardstick for evaluating the financial position and performance of a... Continue Reading
    TABLE OF CONTENTS Title Page Certification Dedication Acknowledgement Abstract Proposal Table of content CHAPTER ONE   1.0       Introduction 1.1       Statement of Problem 1.2       Purpose of the Study         1.3       Research Methodology 1.4       Significant of Study 1.5       Definition of Terms 1.6... Continue Reading
    CHAPTER ONE 1.0     Introduction           The financial statements viz. income statement and balance sheet report what has actually happened to earning during a specified period and presents a summary of financial position of the company at a given point in time. The statement of retained earnings reconciles income earned during... Continue Reading
    TABLE OF CONTENT Title page                                                                          i Certification                                                                       ii... Continue Reading
    CHAPTER ONE 1.1 BACKGROUND TO THE STUDY (INTRODUCTION) Accounting is essential to all advance civilization which has moved beyond barter or counter trade is a means of each exchanging and has devised some sort of monetary system of payment. Geofficy, Whitehead (1994, p.89), individual corporate bodies and government other which ranges from proper... Continue Reading
    CHAPTER ONE 1.1BACKGROUND TO THE STUDY (INTRODUCTION) Accounting is essential to all advance civilization which has moved beyond barter or counter trade is a means of each exchanging and has devised some sort of monetary system of payment. Geofficy, Whitehead (1994, p.89), individual corporate bodies and government other which ranges from proper... Continue Reading
      ABSTRACT This study explains the various accoutning ratios that can be used in interpreting financial statements of businesses to determine the financial position of the firm as well as aid investors to make informed decisions.... 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
    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
    Call Us
    whatsappWhatsApp Us