ABSTRACT
This study provides AN ANALYSIS OF FINANCIAL STATEMENTS IN PREDICTING COMPANY BANKRUPTCY, with objectives to understand the predictive indicators, evaluate the accuracy of financial ratios, and assess the implications for stakeholders. A survey design was employed to gather data from industry professionals, justified by its ability to provide detailed insights into financial statement analysis. Using Taro Yamane's formula, a sample size of 330 respondents was determined to ensure the reliability and accuracy of the findings. The research focuses on Lagos, given its diverse business environment and instances of corporate bankruptcies. The reliability coefficient score of the survey instrument was 0.86, confirming its robustness. Findings reveal that financial ratios such as liquidity, profitability, and leverage are significant predictors of bankruptcy. However, the accuracy of predictions is influenced by the quality of financial reporting and external economic conditions. The study recommends the adoption of more sophisticated analytical tools, continuous monitoring of financial health, and enhanced financial reporting standards to improve the predictive accuracy of financial statements in assessing bankruptcy risk.
ABSTRACT
Human immunodeficiency virus (HIV) infection weakens the immunity of an individual; reduces lymphocyte population, alters cytoki...
Abstract: THE IMPACT OF BUSINESS ANALYTICS ON INNOVATION
This study investigates the impact of bu...
Abstract
This study is on application of audio visual aid in teaching English language in secondary school. The to...
ABSTRACT
This project is poised at x-raying the degree of the role of financial management in a co-operate organizat...
Abstract
Wild brood-stock is a major genetic reservoir for sustainable culture of Clarias gariepinus. This has been observed to be declin...
BACKGROUND OF THE STUDY
In Nigeria today, acts of delinquency and violence among secondary school students have become a...
BACKGROUND OF THE STUDY
Accounting is sometimes referred to be the "language of business," wi...
BACKGROUND OF THE STUDY
Without students, schools, colleges, and universities are nothing. Any ed...
&...
ABSTRACT: The Impact of Global Trends on Vocational Curriculum Development is crucial for ensuring that vocational training remains relevant a...