Description
Abstract
This project work appraises the effect of credit management on the financial performance of Guinness Nigeria Plc. The study was carried out in order to assess the effect of credit management on the financial performance of Guinness Nigeria Plc. The ex-post facto research design was adopted for the study. Data were collected from the annual reports and accounts of Guinness Nigeria Plc for a period of ten years ie (2009-2018). Regression analysis and a statistical non-parametric test called analysis of variance (ANOVA) was used for data analysis and test of hypotheses formulated for the study. The study finds out that the credit payment period does not affect the financial performance of Guinness Nigeria Plc, there is a significant correlation between receivables collection period and financial performance of Guinness Nigeria Plc and there is no significant relationship between receivables turnover and financial performance of Guinness Nigeria Plc.
Reviews
There are no reviews yet.