An Analysis of Asset Structure of Nigerian Quoted Firm
An Analysis of Asset Structure of Nigerian Quoted Firm
ABSTRACT
This study analysed asset structure in Nigerian quoted firms for the period of 2012-2016. It specifically analyse the structural composition of non-current assets of the quoted firms; analyse the structural composition of current assets of the quoted firms; and establish the level of commonality of the asset composition of the quoted firms. For the purpose of this study descriptive analysis was used to analysed data generated from the annual reports and financial statement of ten (10) manufacturing firms.
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The data were analysed using descriptive statistics such as minimum, maximum and mean while inferential statistics such Analysis of Variance. Findings from the study showed that 84.6% of the non-financial assets were held in property,...