Analysis Of Financial Ratios As An Aid To Economic Analysis (a Case Study Of Union Bank Plc Enugu)

1.1 INTRODUCTIONManagement should be particularly interested in knowing the financial strengths of the firm to make their best use and to be able to spot out the financial weakness of the firm to take suitable corrective actions. Thus, Economic analysis is the starting point for making plans, before using any sophisticated forecasting and budgeting procedures.The strength and weakness of the firm need to be understood, so that the firm will be at equilibrium through the use of the strengths. To proper advantage and taking corrective actions against any weakness observed or reigned.Although, em…