Evaluation Of Financial And Operating Performance Of Floriculture Firms In Ethiopia

This project tries to look at the financial and operating performance of floriculture firmsrnin Ethiopia. Further, it assesses the current export performance of the industry. In orderrnto address the above broad objective, secondary data in the form of business reports, andrnfinancial statements were collected.Moreover, primary data using unstructuredrninterviews were collected from the floriculture firms and Ethiopian horticulturernproducers and exporters association to support the secoundary data analysis.With thernaforesaid data, different types of ratios such as profitablity, capital structure ,andrnliqudity ratiosrnhad developed to evaluate the performance of the firms underrnconsideration.rnAccording to the findings presented in chapter four, floriculture industry is showing arnremarkable export performance for the last five years. However, the unit prices of stemrnshow a decline from period to period. In the same token, selected flower firms had morernability of paying their debt in the year 2007 and 2008 than previous years.rnFinally, searching new market, creating awareness in domestic market, training forrngrower, exporters and retailers are among the recommendations given

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