ABSTRACT
In the contemporary and ever dynamic business world, there has been an increasing shift in management concepts a shift in emphasis from production management to marketing management and now to management of resources at the firms disposal. Management now strive to achieve sound and stable financial standing by concentrating efforts on financial planning and control. The firm has to allocate its limited resources among alternative uses. If resources were unlimited, there would be no need for decisions, because all possible activities could be achieved. Scarce resources necessitate a choice, and the selection of one alternation implies the exclusion of others.
On this background therefore, the author intends to undertake a performance analysis of the Nigeria breweries Plc through the investigation of the success of the brewing industry. This would require the determination of solvency.
The major sources of data for this study will be the financial statement of the Nigeria Breweries Plc. This will be supplemented with questionnaire distributed to the senior and Junior staffs of the company.
The secondary source of data will be from different financial texts on solvency and liquidity related matters. Financial ratios (both short and long term) will constitute part of the analysis.
Further illustrations will be projected using tables, graphs and charts.
It is hoped that things the result of the finding will among other things serve the purpose of useful information source for the management of the Nigeria Breweries Plc indecision making. For students in your research work, and also for any other person undertaking a work on the techniques of determing solvency both as problem solving tool as well as an academic exercise.
TABLE OF CONTENTS
Approval page III
Undertaking IX
Dedication IV
Acknowledgement V
Abstract VII
Table of content XIII
CHAPTER ONE:-
1.0 Introduction 1
1.1 Background of the study 1
1.2 Statement of the problem 3
1.3 Objective of the study 3
1.4 Research Question 5
1.5 Research Hypothesis 6
1.6 Significance of the study 6
1.7 Scope, Limitation and Delimitation 7
1.8 Definition of Terms 9
CHAPTER TWO:
2.0 Review of related literature 11
2.1 The concept of solvency 11
2.2 The legal concept of solvency 16
2.3 The concept of solvency as it relates to corporate failure 18
2.4 Test of solvency 20
2.5 Communication of financial information 27
2.6 The Balance sheet 29
2.7 Income statement 31
2.8 Objectives of the company 31
CHAPTER THREE
3.0 Research design and methodology 41
3.1 Research Design 41
3.2 Area of study 42
3.3 Determination of sample size 42
3.4 Population 43
3.5 Location of data 44
3.6 Method of data collection 45
3.7 Method of data presentation 47
3.8 Method of data Analysis 47
CHAPTER FOUR
4.0 Data presentation and analysis 49
CHAPTER FIVE
5.0 Findings, Recommendation and Conclusion 87
OTHER SEGMENTS
A. Bibliography 95
B. Appendix 98
