APPRAISAL OF THE EFFECTIVENESS OF FINANCIAL RATIOS AS A TOOL FOR MEASURING FINANCIAL PERFORMANCE
CHAPTER ONE
1.1 INTRODUCTION
An important feature of a typical business organization is the separation of ownership from management, for instance, a limited liability company, it is therefore expedient for management to render stewardship accounts to the owners of the business organization for evaluating the performance of the organization as whole.
APPRAISAL OF THE EFFECTIVENESS OF FINANCIAL RATIOS AS A TOOL FOR MEASURING FINANCIAL PERFORMANCE