The Significance and Influence of Financial Ratios on Performance of Non-Financial Companies Listed at Dar es Salaam Stock Exchange Tanzania
Neema Mfugale,
John Shalua
Abstract:The purpose of the study was to examine the influence and significance of selected financial ratios and asset turnover of eight non-financial listed companies at the DSE using panel data analysis for a period of twelve years (2010–2022). The data used was extracted from secondary data in the annual financial reports of the companies within the study period. The coefficients of the fixed effect model (FE) regression model were generated. The analysis revealed that return on capital employed and asset turnover h… Show more
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