ABSTRACT
It is a fact that the useful ness of financial statement cannot be over emphasized, thus, this study was under taking to highlighting the users and analysis the problem associated with the usefulness of financial statement.
For these objectives to be achieved, we undertook a marketing company called “Eternit Ltd Sapele” we also held an oral interview with some selected staff of the company. Our findings reveal that the major problem facing company knows what optimum level of financial statement to maintain at any given level of the business organization. In conclusion, a good financial statement does not necessary gurantive profile, so we recommended that proper operational policy should be done for them to be a correct estimation that will be required at all level of the business activities.
TABLE OF CONTENT
Title i
Approval ii
Dedication iii
Acknowledgement iv
Abstract vi
Table of contents vii
Chapter One - Introduction
1.1 Background of the study 1
1.2 Statement of problem 2
1.3 Objective of the study 2
1.4 Research Question 3
1.5 Significance of the study 4
1.6 Research Hypothesis 4
1.7 Limitation of the Study 5
1.8 Definition of Terms 5
Chapter Two - Literature review
2.1 Financial statement in perspective 7
2.2 Balance sheet 12
2.3 Profit and loss account 14
2.4 Other component of the published 14
2.5 Traditional appraisal techniques investment Selection Method 16
2.6 Types of investors and attitude to risk 24
2.7 Cash flow of DCF 27
Chapter Three - Research methodology
3.1 Research design 31
3.2 Population of the Study 31
3.3 Sampling and Sampling Size 31
3.4 Method of data collection 32
3.5 Reliability of the Research instrument 32
3.6 Validation of the Instrument 33
3.7 Data analysis 33
Chapter Four - Data Analysis and Interpretation
4.1 Data presentation 35
4.2 Hypothesis Testing 44
4.3 The Acceptability of Formulated 44
4.4 Discussion of findings 47
Chapter Five - Summary conclusion and recommendation
5.1 Summary or research findings 49
5.2 Conclusion 51
5.3 Recommendation 52
References 53
Appendix 1 54
