Title page - - - - - - - -- - i
Approval page - - - - - - - - ii
Dedication - - - - - - - - - iii
Acknowledgement - - - - - - - iv
Abstract - - - - - - - - - v
Table of content - - - - - - - - vi
Chapter One: INTRODUCTION
1.1 Background of the Study - - - - - 1
1.2 Statement of Problem - - - - - - 4
1.3 Objectives of the Study- - - - - - 4
1.4 Research Questions - - - - - - 5
1.5 Hypotheses of the Study - - - - - 6
1.6 Significance of the Study - - - - - 6
1.7 Scope of the Study - - - - - - 7
1.8 Limitation of the Study - - - - - - 7
1.9 Definition of Terms - - - - - - 8
References- - - - - - - - 10 Chapter Two: LITERATURE REVIEW
2.1 Introduction - - - - - - 11
2.2 What is Financial Statement?- - - - 12
2.2.1 Objective of a Financial Statement Analysis - 13
2.3 Uses and Users of Financial Statement - - 14
2.4 Classification of Financial Statement - - 15
2.5 Relationship among the Statement of Financial
Position, Income Statement, Statement of cash
Flows and Statement of Retained Earnings - 18
2.6 Techniques and financial Statement Analysis and
Interpretation - - - - - - 19
2.6.1 Horizontal Analysis - - - - - 19
2.6.2 Trend Analysis - - - - - - 20
2.6.3 Vertical Analysis - - - - - - 24
2.6.4 Ratio Analysis - - - - - - 24
2.7 Definition of Ratio - - - - - 24
2.8 Types and Classification --- - - - 26
2.8.1Liquidity Ratios - - - - - - 27
2.8.2 Leverage Ratios - - - - - - 30
2.8.3 Activity Ratios - - - - - - 32
9
2.8.4 Profitability Ratios - - - - - 34
2.9 Nature of Accounting Ratios - -- - - 37
2.10 Uses of Ratio in Analyzing Financial Statement 39
2.11 Limitations of Financial Statement Analysis - 40
2.12 Use of Different Accounting Principles - - 40
2.13 Industry Affiliation - - - - - 41
2.14 Accounting Differences Between Countries - 42
2.15 The Impact of Inflation of Financial Statement
Analysis - - - - - - - - 42
2.16 Features of a Good Management Decision
Technique - - - - - - - 44
2.17 Environment of Management Decision Making- 45
References - - - - - -- - 47
Chapter Three
3.1 Research Design- - - - - - 4
3.2 Sources and Method of Data Collection --- - 48
3.3 Research Instrument - - - - - 49
3.4 Reliability/Validity of Research Instrument - 49
3.5 Population - - - - -- - - 50
3.6 Sample size and Technique - - - - 50
3.7 Administration of Research Instrument - - 53
3.8 Method of Data Analysis - - - - 53
3.9 Decision Criteria for Validation of Hypothesis - 56
References- - - - - - -- 57
Chapter Four: DATA PRESENTATION AND ANALYSIS -58
4.1 Data Presentation - - - - - 60
4.2 Analysis of Question - - - - - 61
4.3 Test of Hypothesis - - - - - 71
Chapter Five: SUMMARY OF FINDINGS, CONCLUSION AND
RECOMMENDATIONS
5.1 Summary of Findings - - - - - 76
5.2 Conclusion - - - - - - - 77
5.3 Recommendations - - - - - 77
Bibliography - -- - - - - 79
Appendix - - -- - - - - - 80
