Browsing by Author "Dogbe, Kafui"

Now showing 1 - 2 of 2
  • Thumbnail Image
    Item
    Appraising the financial performance of East Cantonments Pharmacy Limited
    (2008-11-17) Dogbe, Kafui
    Over the years some pharmaceutical companies in Ghana have experienced financial crises, weak internal control systems and total collapse among other financial problems. But for East Cantonments Pharmacy (ECP) there seems to be a steady growth and to ascertain this financial reliability, the study evaluated the financial performance of ECP over the six years of its operating existence as Limited Liability Company from 2002 to 2007. The study took into account the application of financial ratios such as profitability, liquidity, leverage, quick ratio and trend analysis to establish its financial performance, identified weaknesses and made recommendations to address them. The existing literature on financial performance and financial ratios served as useful sources to the study. The scope of study was limited to ECP branch and headquarters. Based on the available data the result indicated that the company was not highly liquid and does not indicate danger of making losses. The stockpile of ECP was found to be high, general expenses of the company were also high with fixed asset turnover being low. The high investment in stock affected ECP’s profitability. It was concluded that the major problem affecting the company’s financial development was its comparatively low level of capital which compelled the company to resort to debt finance in order to support its funds with attendant cost. Recommendations to improve upon the company’s financial performance included making an offer to be listed on the stock exchange to raise capital and also provide an avenue for prospective investors. The study also recommended that Management must address the issue of high expenditure by doing comparative cost analysis internally and externally with the focus on reducing operating expenses. ECP’s stockpile need to be turned over quickly and ploughing back the profit will increase the operating capital and returns of the company. Further investment in the field of information technology will improve the company’s operations as well as enhance easier access to information.
  • Thumbnail Image
    Item
    The study of relationship between plant community composition and underlying environmental factors in Kakum conservation area
    (2001-12-12) Dogbe, Kafui
    Kakum Conservation Area is one of the important National Parks in Ghana, which has a great tourism potential. The vegetation of the area is a semi-deciduous moist tropical forest and has been conserved as a reserved forest since 1931. The present study was conducted to determine the floristic composition of six homogenous vegetation types and to find out whether there is a direct casual link between community composition and the underlying environmental factors. The six homogeneous areas of the forest were identified and in each of these sites an area of 640m2 was delimited and divided into 64 square plots. Within each of these plots, four 5m quadrats were located at random and the frequency of individual species quantified. Physical and chemical characteristics of the soils collected from the different vegetation areas were analysed in the laboratory. Soil samples were collected to correspond with the quadrats. The results indicated that the soils from the different areas differ in many chemical and physical characteristics and these differences could affect the plant species, which grow on them. However, a direct casual link between community composition and these soil factors could not be made without controlled experimentation.