What type of study is this?

This is a Quantitative Study study.

Asset Management and Financial Performance of Listed Consumer Goods Firms in Nigeria

View Full Paper

Ask AI

Bookmark

Authors

Analysis reveals significant effects of asset ratios on return on assets in consumer goods firms, indicating areas for improvement.

Current asset to total asset ratio significantly affects return on asset, enhancing financial performance in firms.
Net fixed asset ratio directly influences return on asset, emphasizing the importance of fixed assets in profitability.
Total asset turnover demonstrates a significant relationship with return on asset, indicating effective asset utilization.
Tangibility ratio has a crucial role in improving return on asset, suggesting the need for tangible asset management.

Ademola et al. (2025) studied this question.

View Full Paper

Ask AI

Bookmark