Description
The usefulness of interpreted accounts in decision making by management – case study of 7up bottling company, Aba, Abia state.
Abstract
In this project, a long-term 5 years (2006 -2010) profit planning and control model to determine the profitability (profit position) of operations in a production and marketing company, subject to some limitations is formulated. This study used data from the financial statement and published account of a large bottle and drinks production and marketing company. The result of the model shows that an organization should have enough liquidity demands. Most importantly it is now clearly seen that the case study on the interpreted position of 7up bottling company plc reveals a glance of real financial position of a company in relation and get the management information of their past performance. So it enables them to take corrective actions in predicting the future operation of the company. …
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