• THE ROLE OF FINANCIAL STATEMENTS IN INVESTMENT DECISIONS
    [A STUDY OF SELECTED BANKS IN ENUGU METROPOLIS, ENUGU STATE]


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    • ABSRACT - [ Total Page(s): 1 ]ABSTRACTThe research topic of this study is “The role of financial statement in investment decisions” – a study of selected banks in Enugu metropolis. The purpose is to identify the relationship between financial statement and investment decisions, and the impact of financial statement in investment decision making and also to know if investment decisions depends solely on financial statement. The study population is 125 persons who are the member of staff of the five major selected banks. Using the Yaro Yamani formula, the sample size calculated gave (95). The formulated hy ... Continue Reading

         

      CHAPTER ONE - [ Total Page(s): 2 ]CHAPTER ONEINTRODUCTION1.1 BACKGROUND OF THE STUDYEvery business prepares profit and loss Account or income statement to ascertain the net result of financial working of the business whether it has earned some income or profit or sustained any loss. It also prepare balance sheet to find out the financial position of the business. Profit and loss account or income statement, retained earnings statement and balance sheet are known as financial statements.Gautam (2005) sees financial statement as financial information which is the information relating to the financial position of any firm; when p ... Continue Reading