Accounting Ratios Information: An Instrument for Business Performance Analysis

Olusesi Hakeem O.; Akomolafe J. A. | Adekunle Surajudeen | Sabitu Owotutu; Adegbite Ganiu Adewale

Title:
Accounting Ratios Information: An Instrument for Business Performance Analysis

Authors:
Adegbite Ganiu Adewale | Olusesi Hakeem O. | Akomolafe J. A. | Adekunle Surajudeen | Sabitu Owotutu
DOI:
https://doi.org/10.31142/ijtsrd15948

Cite This Article :

Adegbite Ganiu Adewale | Olusesi Hakeem O. | Akomolafe J. A. | Adekunle Surajudeen | Sabitu Owotutu "Accounting Ratios Information: An Instrument for Business Performance Analysis" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-2 | Issue-5, August 2018, pp.683-688, URL: https://www.ijtsrd.com/papers/ijtsrd15948.pdf

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Abstract :
The research study is an empirical work that looked at instrument for measuring organization performance using ratio analysis. It also ascertains the relevance of internal and external financial reports during ratio analysis for the purpose of establishing key relationship for the purpose of appraising financial performance of a business entity. Secondary class was used. Pearson correlation matrix and ordinary least square regression techniques were adopted to analysis data. The study revealed that there is significant relationship between ratio analysis and business performance as well as financial ratios based on the findings of this study, researchers recommended that financial ratio should be computed periodically to reveal areas strength and weakness of business. More so, ratio analysis should be adopted as an instrument to measure business performance in terms of profitability and liquidity.

Keywords :
Accounting Ratios, Business Performance and Decision-Making

Publication Details:

Unique Identification Number : IJTSRD15948

Published In : Volume-2 | Issue-5, August 2018

Page Number(s) : 683-688

Publisher Name : IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470

Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

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