Appraising the financial performance of IKAE Company Limited

dc.contributor.authorOppong-Duah, Alex
dc.date.accessioned2011-08-10T12:02:30Z
dc.date.accessioned2023-04-20T06:07:47Z
dc.date.available2011-08-10T12:02:30Z
dc.date.available2023-04-20T06:07:47Z
dc.date.issued2008-08-10
dc.descriptionA Thesis Submitted to the Department Of Accounting and Finance,Kwame Nkrumah University of Science and Technology in partial fulfillment of the requirements for the degree of Master of Business Administration, 2008en_US
dc.description.abstractAt a time when many companies are engaged in unrelenting search for ways to improve operations and reduce costs, there is one aspect of organizational life that has largely escaped scrutiny, Performance Appraisal. Perhaps, this is because performance appraisals have become an unquestioned fact of life in most large organizations. As with most unquestioned facts, a critical examination can prove beneficial. In this research, the researcher appraised the financial position of Ikae Company Ltd; * various multivariate models such as Altman Z score, Zeta Analysis, Artificial Neural Network and Gamblers Ruin were examined. Univariate model like financial ratios were also examined. However, in this research the Altman's Z score was used to assess the company's risk of bankruptcy. Financial ratios such as leverage ratios, Profitability ratios and liquidity ratios were also use to assess the financial position of Ikae Company Ltd. The research revealed that the company is not under any threat of bankruptcy, and the management of the company must do well to maintain this position On financial ratios, it was realized that the company relies much on outsider's funds. The high cost of capital, high administrative cost and other expenses impacts negatively on profitability of the company. Management must reduce the rate of externalen_US
dc.description.sponsorshipKNUSTen_US
dc.identifier.urihttps://ir.knust.edu.gh/handle/123456789/770
dc.language.isoenen_US
dc.relation.ispartofseries4521;
dc.titleAppraising the financial performance of IKAE Company Limiteden_US
dc.typeThesisen_US
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