The Impact Of Financial Literacy On The Profitability Of Small-scale Enterprises In Calabar Municipality, Cross River State

ABSTRACT The focus of this research is on the impact of financial literacy on the profitability of some small-scale enterprises in Calabar Municipality, Cross River State. An inquiry into their level of adoption of financial literacy was also studied. A review of related literature was carried out to examine the extent of work done in the field. A carefully structured questionnaire was used to collected data on the level of adoption of financial literacy and also a financial literacy test. Stratified random sampling was adopted to divide the small-scale enterprises into ten (10) strata, therea…