ABSTRACT
The research work is set out to
investigate how financial policy contributes to the profitability and growth in
manufacturing concerns.
The parameters for this are
acquisition of company’s assets to generate the needed turn – over ploughing
back of profit for expansion dividend payment to the success of a company and
having good financial policy one sources of the capital to bring about overall
profit for the company’s growth. The above mentioned are using Z statistic for
the hall and alternative hypotheses.
This can be attested by the fact that
good decision on asst acquisition ploughing backing of profit dividend pay out
and cheap sourcies of capital will enhance profitability of a company which
incidentally brings about it growth.
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