Effect of debt financing on the profitability of Guinness Nigeria Plc Department: Accountancy By: bapatigi7954 Project ID: 2291 Rating: (3.1) votes: 10Rate this project12345 Price:₦3000 Get the Complete MaterialAbstractThis research work examines the effect of debt financing on the profitability of Guinness Nigeria Plc. Data for the study were extracted from the annul accounts and reports of Guinness Nigeria Plc between (2009-2018) and analyzed using regression and analysis of variance. The design adopted for the study was the correlation research design. Findings of the study reveal there is no significant relationship between short term debt and profitability of Guinness Nigeria Plc, there is significant relationship between long term debt and profitability of Guinness Nigeria. The study recommends that Guinness Nigeria Plc should maintain its short term debts financing since it’s not contributing to the profitability of the company. Also, the company should maintain its long term debt sources of financing and also take into consideration other factors that may affect long term debt financing on the profitability of the firm. ...Preview Download Preview +Other Accountancy project topics and materials you might be interested in»The Impact of Accounting Ratio in Decision Making ( A Case Study of Nigeria Breweries Plc Enugu) »The impact of budget and budgetary control in tertiary institutions ( A Case study of imo state university )»Internal control as a tool for improving profitability»The role of financial institutions in the development of Nigeria economy»Impact of computerization of accounting system of commercial banks ( A case study of union bank plc )»The Impact of product development on banks performance ( A Case study of first bank plc )»Role of good accounting system in the management of private enterprise in Nigeria ( A Case Study of Nwaogo pam paper mills limited )»Effects of standard costing on the profitability of manufacturing companies (a case study of nigerian breweries plc, Ama, Udi local government of Enugu state) »The role of accounting system in measuring organizational performance of transport company ( A Case study of ABC Transport )»Auditing in Nigeria companies, problems and prospects»Effect of misrepresentation of information in a financial statement»Effective internal control as an aid to management efficiency ( Case Study of Nigeria Bottling Company Owerri )»The effects of computerized accounting system on the performance of banking industry in Nigeria»The impact of development finance institutions (DFIS) in economic development of Nigeria»An appraisal of fraud prevention measures in Nigerian banking sector ( Case study of access bank plc owerri )