ABSTRACT Capital budgeting involve basically the estimation of the cash flow, estimation of the expected cash return and application of evaluation techniques in making investment decision. This study looked into the extent to which the Nigerian breweries do carry out proper evaluation of capital project before making their investment decision as well as the extent in which other factors are consider in the decision process. The study wills assertion the extent to which capital budgeting evaluation techniques are used by the Nigerian breweries in evaluation the capital budgeted projects. And consider whether well-evaluated project will yield adequate return for investors as well as the other factor, which influence the selection of the project to be invested in. In arriving at my conclusion, interview were conducted and statistical test such as the chi-square were used in analyzing data collected at the course of the study. Result of the study show that the evaluation of the capital project by the management of the Nigerian breweries is not normally carried out effectively before making their investment decision and that a well evaluated project will normally yield an adequate return on investment. Based on the findings, some recommendation has been put forward for consideration in chapter five. TABLE OF CONTENT Title page Approval page Dedication Acknowledgement Abstract Table of content CHAPTER ONE: 1.1 Introductions 1.2 Statement of the problem 1.3 Objective of study 1.4 Significance of study 1.5 Statement of the hypothesis 1.6 Scope of the study 1.8 Definitions of terms CHAPTER TWO: 2.0 Review of the related literature 2.1 Meaning of capital budgeting decision 2.2 Importance of capital budgeting decision 2.3 Types pf capital budgeting decision 2.4 Problems 2.5 Analysis of capital project 2.6 Deterring the cash flow 2.7 Techniques used in capital budgeting decision 2.7.1 Payback method 2.7.2 Net present value 2.7.3 Internal rate of return 2.7.4 Accounting rate of return 2.8 Ranking of investment proposal CHAPTER THREE 3.1 Research design and methodology 3.2 Source of data 3.3 Primary 3.4 Secondary data 3.5 Sample used 3.6 Method of investigation CHAPTER FOUR 4.1 Data analysis and interpretation 4.2 Data presentation and analysis 4.3 Test of hypothesis CHAPTER FIVE SUMMARY, FINDINGS, CONCLUSION AND RECOMMENDATION 5.1 Summary of the findings 5.2 Conclusion 5.3 Recommendation BIBLIOGRAPHY APPENDIX / QUESTIONNAIRE
CAPITAL BUDGETING IN THE PRIVATE SECTOR (A CASE STUDY OF THE NIGERIAN BREWERIES)
CHAPTER ONE INTRODUCTION Every business firm normally will like to know how it perform over a period of time thus leading to a preparation of profit and loss statement. They also ask about their position at a particular point in time, which lead then to proper balance sheet. Finally they will like to know where they are leading which led to the... Continue Reading
ABSTRACT Capital budgeting involve basically the estimation of the cash flow, estimation of the expected cash return and application of evaluation techniques in making investment decision. This study looked into the extent to which the Nigerian breweries do carry out proper evaluation of capital project before making their investment decision as... Continue Reading
INTRODUCTION Every business firm normally will like to know how it performed over a period of times, thus leading to the preparation of profit and loss statement. They also ask about their position at a particular point in time which leads them to prepare balance sheet. Finally, they will like to know where they are heading, which has led to... Continue Reading
PREFACE The main objective o this research work is to develop systematically the beginning of and various stages in capital budgeting. Indeed, the aim is to provide an integrated presentation of capital budgeting and to view the unity of the subject matter in such a way... Continue Reading
INTRODUCTION Every business firm normally will like to know how it performed over a period of times, thus leading to the preparation of profit and loss statement. They also ask about their position at a particular point in time which leads them to prepare balance sheet. Finally, they will like to know where they are heading, which has led to the... Continue Reading
ABSTRACT Capital budgeting involve basically the estimation of the cash flow, estimation of the expected cash return and application of evaluation techniques in making investment decision. This study looked into the extent to which the Nigerian breweries do carry out proper evaluation of capital project before making their investment decision as... Continue Reading
ABSTRACT Capital budgeting involve basically the estimation of the cash flow, estimation of the expected cash return and application of evaluation techniques in making investment decision. This study looked into the extent to which the Nigerian breweries do carry out proper evaluation of capital project before making their investment decision as... Continue Reading
TABLE OF CONTENT CHAPTER ONE 1.1 Introduction 1.2 Problem statement 1.3 Objectives of the study 1.4 Hypothesis 1.5 Significance of study 1.6 Definition of terms CHAPTER TWO 2.1 Demand for capital (Financial forecasting) 2.2 Regression method 2.3 Long term financing (Support of capital) 2.4 Common... Continue Reading
CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROND OF THE STUDY Every business firm normally will like to know how it perform over a period of time this leading to a preparation of profit and loss statement. They also ask about their position at a particular point in time, which lead them to the preparation of budget. A budget can be... Continue Reading