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PENGARUH CURRENT RATIO, DEBT TO EQUITY RATIO, RETURN ON ASSETS, DAN EARNING PER SHARE TERHADAP RETURN SAHAM PADA PERUSAHAAN SEKTOR INFRASTRUKTUR YANG TERDAFTAR DI BEI PERIODE 2020-2023 Putri, Wilda Karisma; Puspita, Erna; Kurniawan, Andy
Jurnal Riset Akuntansi & Keuangan Vol 10 No. 2 Tahun 2024
Publisher : UNIKA Santo Thomas

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This research is motivated by the fact that stock returns are the main factor desired by investors when carrying out investment activities in the capital market. In before investing, investors should analyze financial performance the company, in order to get the expected return. To assess company’s financial performance, investors can pay attention to factors that can affect stock returns. The aim of this research is to know the infuence of the current ratio, debt to equity ratio, return on assets and earnings per share on stock returns both partially and simultaneously infrastructure sector companies listed on the Indonesian Stock Exchange period 2020-2023. This research uses a quantitative causality approach. Sample in this research, it was obtained using a purposive sampling method based on predetermined criteria, with a population of 57 sector companies infrastructur, and the number of samples that meet the criteria is a 12 companies. The data analysis method used is multiple linier regression analysis with using IBM SPSS Statistics 23 software. Conclusions from the research results these are (1) Current ratio, debt to equity ratio, return on assets and earning per share partially has a significant effect on stock return in the company infrastructure sector listed on the IDX. (2) Current ratio, Debt to Equity Ratio, Return On Assets dan Earning Per Share simultaneously have a significant effect on stock return in infrastructure sector companies that are flat on the Stock Exchange Indonesian Effect.
Analisis Pengaruh Current Ratio, Debt to Equity Ratio, dan Working Capital Turnover terhadap ROA Perusahaan Makanan dan Minuman di BEI 2020-2024 Ainun Fadhila; Erna Puspita; Andy Kurniawan
Akuntansi Pajak dan Kebijakan Ekonomi Digital Vol. 2 No. 3 (2025): Akuntansi Pajak dan Kebijakan Ekonomi Digital
Publisher : Asosiasi Riset Ekonomi dan Akuntansi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/apke.v2i3.1401

Abstract

Food and beverage companies play a vital role in the Indonesian economy, despite facing various challenges such as fluctuating raw material prices and intense market competition. Return on Assets (ROA) is used as an indicator to assess a company's profitability performance, which is crucial for determining the extent to which a company can generate profits from its assets. This study aims to analyze the effect of three financial variables, namely the current ratio (CR), debt to equity ratio (DER), and working capital turnover (WCT), on return on assets in food and beverage companies listed on the Indonesia Stock Exchange (IDX) during the 2020-2024 period. The approach used in this study is a quantitative approach with data analysis techniques that include classical assumption tests, multiple linear regression analysis, hypothesis testing, and coefficient of determination tests. The sample used in this study was 31 food and beverage companies selected using purposive sampling techniques based on certain criteria. The results of the study indicate that (1) debt to equity ratio and working capital turnover partially have a significant effect on return on assets, while the current ratio does not have a significant effect on return on assets. (2) Simultaneously, the current ratio, debt to equity ratio, and working capital turnover have a significant effect on return on assets in food and beverage companies listed on the IDX. The findings of this study state that the DER and WCT variables have a strong influence on ROA, which means that both are important factors in improving the profitability performance of companies in the food and beverage sector. Thus, the results of this study can provide insight for company managers and investors in making decisions related to financial management to maximize company profitability.
Pengaruh Good Corporate Governance, Struktur Modal,dan Kinerja Keuangan terhadap Harga Saham Perusahaan Sektor Financials Rosita Diyah Ramadhani; Sigit Puji Winarko; Erna Puspita
Jurnal Penelitian Ilmu Ekonomi dan Keuangan Syariah Vol. 3 No. 3 (2025): Agustus : Jurnal Penelitian Ilmu Ekonomi dan Keuangan Syariah
Publisher : STAI YPIQ BAUBAU, SULAWESI TENGGARA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59059/jupiekes.v3i3.2652

Abstract

The capital market is crucial for fostering a nation's economic growth, serving as both a financing source for enterprises and an investment avenue for the public. Stock prices serve as a vital sign of investors' thoughts about a company's future potential. Stock price volatility is significantly affected by several variables, including Good Corporate Governance (GCG), capital structure, and financial performance. This research seeks to examine the impact of Good Corporate Governance (GCG), capital structure, and financial performance on the stock prices of financial sector firms listed on the Indonesia Stock Exchange from 2020 to 2024. The used research methodology is a quantitative approach using multiple linear regression analysis tools. The study's findings indicate that the three independent factors significantly influence stock prices, both individually and together. The Adjusted R² value of 0.256 indicates that the three variables account for 25.6% of the variations in stock prices, whereas the remaining variance is affected by external factors not examined in this research. These results provide theoretical and practical advantages, particularly for investors in decision-making, for enterprises in financial management and governance, and for future researchers as a foundation for further research endeavours.
Analisis Sistem Informasi Akuntansi Penerimaan dan Pengeluaran Kas untuk Pengendalian Internal pada Showroom Sekoto Putro Putri Setyo Andini; Erna Puspita; Sigit Puji Winarko
Jurnal Ekonomi, Akuntansi, dan Perpajakan Vol. 2 No. 4 (2025): November: Jurnal Ekonomi, Akuntansi, dan Perpajakan (JEAP)
Publisher : Asosiasi Riset Ekonomi dan Akuntansi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/jeap.v2i4.1391

Abstract

This study aims to analyze the application of accounting information systems in cash receipts and expenditures and assess their contribution to the effectiveness of internal control at the Sekoto Putro Showroom in Kediri. The research methodology employed is a qualitative approach, with data gathered through interviews, observations, and documentation. The findings reveal that the current accounting information system is still manual and lacks standard operating procedures (SOPs). The process of cash receipt and disbursement is managed by the finance department under the direct supervision of the owner, who also functions as the primary controller. The owner’s consent is required for all large transactions, and internal control is implemented informally through cash checks and transaction authorizations. However, there are notable weaknesses, including the absence of a clear separation of duties and a lack of a well-documented recording and authorization system. These weaknesses pose risks to the efficiency and reliability of financial management and internal control. Consequently, this study recommends the implementation of a computer-based accounting system, the creation of written SOPs, and a more defined separation of financial duties. Such changes are expected to enhance the effectiveness of internal control, improve operational efficiency, ensure more accurate record-keeping, and minimize the risk of financial losses in showroom cash management. By transitioning to a formalized and computerized system, the showroom can streamline its processes and safeguard its financial resources, ensuring long-term sustainability and growth. This research highlights the need for modernizing accounting practices to foster better financial governance and strengthen internal controls in small to medium-sized businesses.
Peran Komitmen Organisasi sebagai Moderasi Faktor-Faktor yang Mempengaruhi Kualitas Laporan Keuangan Organisasi Perangkat Daerah di Pemerintah Daerah Indonesia Evy Nulandari; Linawati Linawati; Erna Puspita
Jurnal Ekonomi, Akuntansi, dan Perpajakan Vol. 2 No. 4 (2025): November: Jurnal Ekonomi, Akuntansi, dan Perpajakan (JEAP)
Publisher : Asosiasi Riset Ekonomi dan Akuntansi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/jeap.v2i4.1457

Abstract

This study addresses the issue of inadequate financial reporting by Regional Government Organizations (Organisasi Perangkat Daerah/OPD) in Nganjuk, where financial statements are expected to meet user needs in fulfilling transparency and accountability requirements. The research investigates the influence of four key factors—accounting standards, information systems, internal controls, and the competence of human resources—on the quality of financial statements. Furthermore, it examines the moderating role of organizational commitment in strengthening or weakening the relationships between these factors and financial reporting quality. The study adopts a quantitative research design, with data collected through structured questionnaires distributed to 53 OPD offices, involving 212 randomly selected respondents. Data were analyzed using classical assumption tests to ensure validity and reliability, followed by Moderated Regression Analysis (MRA) employing SPSS software. The findings reveal that information systems, internal controls, and competent human resources have a significant positive effect on the quality of financial reports. In contrast, accounting standards show no significant direct impact. Moreover, organizational commitment plays a moderating role in enhancing the positive effects of information systems, internal controls, and human resource competence on report quality. However, it does not moderate the relationship between accounting standards and financial reporting quality. These results highlight the importance of both technical and human resource aspects in improving financial statement quality within OPDs. While adequate systems and controls are crucial, the study underscores that the presence of strong organizational commitment is a determining factor in maximizing their effectiveness. The research suggests that efforts to improve financial reporting should not only focus on compliance with standards but also on strengthening commitment, training, and the integration of information systems and internal control mechanisms
The Effect of Leverage, Profitability, and Company Age on Audit Delay in Food and Beverages Subsector Companies Listed on the IDX in 2021-2024 Mirnawati; Erna Puspita; Amin Tohari
Jurnal Aghniya Vol. 8 No. 1 (2025): Islamic Economics and Banking Education
Publisher : Sekolah Tinggi Ilmu Ekonomi Syariah Nahdlatul Ulama Bengkulu

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

The purpose of this study is to examine how audit delays in food and beverage subsector firms listed on the Indonesia Stock Exchange for the years 2021–2024 are impacted by debt, profitability, and company age. This work uses binary logistic regression analysis in a causal quantitative manner. 44 firms made up the final sample, which was chosen by purposive sampling based on the criteria of businesses that regularly released audited financial statements during the research period. The analysis's findings indicate that audit delay is not significantly impacted by leverage, profitability, or firm age. This study is interesting since it focuses on a particular sector and reveals that internal financial issues are not the primary cause of audit delays. These results emphasize how crucial it is to take into account additional factors, such as auditor caliber, corporate governance, and information technology use, in order to gain a more thorough understanding of audit delays and to encourage future improvements to audit procedures.a
Efektifitas Pembelajaran Berbasis Masalah Untuk Meningkatkan Hasil Belajar Peserta didik SMA Pada Era Pembelajaran Tatap Muka Terbatas Ilmi, Aziz Rizki Miftahul; Puspita, Erna
Jurnal Rekayasa Teknologi dan sains Vol 6, No 1 (2022): Jurnal Rekayasa, Teknologi, dan Sains
Publisher : Fakultas Teknik Universitas Malahayati

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33024/jrets.v6i1.5749

Abstract

ABSTRAK Pembelajaran fisika memiliki peran untuk melatih keterampilan peserta didik guna menyelesaikan permasalahan kehidupan sehari-hari. Akan tetapi berdasarkan observasi di salah satu SMA di Indramayu ternyata pembelajaran lebih bersipat teacher-oriented dan tidak pernah melibatkan permasalahan kontekstual, selain itu rata-rata hasil belajar peserta didik hanya mencapai nilai 57 jauh dibawah Kriteria Kteuntasan Minimal (KKM) yang ditetapkan yaitu sebesar 67. Tujuan penelitian ini untuk mengetahui efektivitas penerapan pembelajaran berbasis masalah dalam meningkatkan hasil belajar peserta didik pada pada pokok bahasan Usaha dan Energi dibandingkan dengan pembelajaran konvensional. Metode penelitian yang digunakan adalah kuasi eksperimen dengan control group pre-test – post-test design menggunakan teknik rotasi. Hasil analisis menunjukkan bahwa peningkatan skor hasil belajar peserta didik yang ditunjukkan dengan N-Gain pada kelas yang mendapatkan pembelajaran berbasis masalah lebih besar dari kelas yang mendapatkan pembelajaran konvensional. Rata-rata N-gain kelas eksperimen mencapai 0,71 dengan kategori tinggi jauh di atas kelas control yang hanya memiliki rata-rata sebesar 0,63 dengan kategori rendah. Perbedaan ini juga secara signifikan dibuktikan melalui uji hipotesis non parametrik pada taraf signifikansi 0.05. Jadi dapat disimpulkan  penerapan model pembelajaran berbasis masalah pada pokok bahasan usaha dan energi lebih efektif dalam meningkatkan hasil belajar peserta didik dibandingkan dengan pembelajaran konvensional. Kata kunci:  pembelajaran berbasis masalah, hasil belajar, pembelajaran tatap muka terbatas  ABSTRACT Physics learning has a role to train students' skills to solve problems of everyday life. However, based on learning observations that have been carried out at one high school in the city of Indramayu, data have been obtained that physics learning is still student-centred and never involves contextual problems, besides that the average student learning outcome only reaches a value of 57, far below the minimum completeness criteria set, which is 67. The purpose of this study is to determine the effectiveness of the application of problem-based learning in improving student learning outcomes on the subject of Effort and Energy compared to conventional learning. The research method used is a quasi-experimental with a control group pre-test – post-test design using a rotation technique. The results of the analysis showed that the increase in student learning outcomes scores indicated by N-Gain in the class that received problem-based learning was greater than the class that received conventional learning. The average N-gain of the experimental class reached 0.71 with a high category, far above the control class which only had an average of 0.63 in the middle category. This difference was also significantly proven through non-parametric hypothesis testing at a significance level of 0.05. So it can be concluded that the application of problem-based learning models on the subject of Business and Energy is more effective in improving student learning outcomes compared to conventional learning. Keywords: problem-based learning, learning outcomes, limited face to face learning
MENGAJARKAN KETERAMPILAN BERPIKIR TINGKAT TINGGI DI KELAS Ilmi, Aziz Rizki Miftahul; Puspita, Erna
Jurnal Rekayasa Teknologi dan sains Vol 7, No 1 (2023): Jurnal Rekayasa, Teknologi, dan Sains
Publisher : Fakultas Teknik Universitas Malahayati

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33024/jrets.v7i1.8634

Abstract

ABSTRAK Keterampilan berpikir tingkat tinggi (HOTS) adalah keterampilan abad 21 yang meliputi berpikir kritis, reflektif, logis, metakonisi, dan berpikir kreatif dalam memecahkan masalah baru (King et al., 2012). Keterampilan ini juga mencakup kemampuan dalam taksonomi Bloom yang meliputi kemmpuan analisis, sintesis, dan evaluasi. Skill ini penting karena era industri 4.0 menuntut setiap pelaku industri memiliki HOTS. Dalam kurikulum nasional pembelajaran bertujuan untuk membekali peserta didik dengan berbagai kemampuan antara lain kreatif, kritis, kolaboratif, komunikatif, dan mampu menggunakan pengetahuan untuk memecahkan masalah. Pentingnya HOTS dalam menghadapi tantangan zaman menjadi dasar mengangkat isu ini. Penelitian ini menggunakan metode kualitatif deskriptif melalui studi literatur untuk menjawab beberapa permasalahan diantaranya: Apa yang dimaksud dengan kemampuan berpikir tingkat tinggi? Mengapa keterampilan berpikir tingkat tinggi harus dilatih dalam pembelajaran? Bagaimana cara melatih keterampilan berpikir tingkat tinggi dalam pembelajaran? Hasil penelitian menunjukkan bahwa HOTS merupakan keterampilan yang sangat penting untuk dilatihkan dalam pembelajaran karena merupakan amanat kurikulum nasional dan juga menjalankan fungsi pendidikan sebagai upaya mempersiapkan peserta didik menghadapi tantangan abad ini. Selain itu, pengembangan pembelajaran HOTS harus memperhatikan beberapa hal antara lain: model dan pendekatan yang digunakan, kegiatan pembelajaran yang dilakukan, permasalahan yang disajikan, dan kompetensi yang diajarkan dan dinilai.Kata kunci:  pembelajaran sains, HOTS, higher-order thinking skills  ABSTRACT Teaching Higher Order Skills In The Classroom. Higher-order thinking skills (HOTS) are one of the skills that must be mastered in the 21st century. These skills include critical thinking, reflective thinking, logical thinking, metacognition, and creative thinking in solving a new problem (King et al., 2012). These skills also include abilities in bloom’s taxonomy which includes the top three levels of taxonomy analysis, synthesis, and evaluation. This skill is important because industry era 4.0 requires every industry player to have HOTS. On the other hand, learning is a process carried out to prepare humans to face the challenges of the century. In the National Curriculum, science learning has the aim of equipping students with a variety of abilities including creative, critical, collaborative, communicative, and able to use knowledge to solve problems. The importance of higher-order thinking skills in facing the challenges of the times is the basis for raising this issue. This study uses descriptive qualitative methods through literature studies to answer several problems including What are higher-order thinking skills? Why should higher-order thinking skills be trained in learning? How to train higher-order thinking skills in learning? The results of this study show that HOTS is a very important skill to be trained in learning. This is because it is the mandate of the national curriculum and also a function of education as an effort to prepare students to face the challenges of this century. In addition, the development of HOTS learning must pay attention to several things including the models and approaches used, the learning activities carried out, the problems presented, and the competencies taught and assessed. Keywords: learning sains, HOTS, higher-order thinking skills
Analysis of The Influence Between Mining, Agriculture and Processed Product Exports on Indonesia's Sales Development in International Trade in the Time Frame 2019-2022 Amalia Renata Anggraeni; Sigit Puji Winarko; Erna Puspita
International Journal of Management Research and Economics Vol. 2 No. 2 (2024): May : International Journal of Management Research and Economics
Publisher : Institut Teknologi dan Bisnis (ITB) Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54066/ijmre-itb.v2i2.1824

Abstract

Exports are one of the international trade activities that provide benefits to Indonesia, including capital transactions, employment, and foreign exchange reserves. There are 2 types of exports, namely oil and gas and non-oil and gas exports. The value of non-oil and gas exports tends to be higher than oil and gas exports. So this research focuses on three non-oil and gas sectors, which consist of mining, agriculture, and processing industry (processed products). The purpose of this study is to determine the effect of mining, agriculture, and processed product exports on Indonesia's sales in international trade in the 2019-2022 timeframe. This research uses a quantitative approach, and a multiple linear regression analysis model with the IBM SPSS 22 application. The research data comes from the Central Bureau of Statistics, the Ministry of Trade, and related agencies. The variables used include 3 independent variables and 1 dependent variable. The independent variables are mining exports (X1) with the commodities used are coal, copper, lignite, iron and steel, agricultural exports (X2), and exports of processed products (X3), and Indonesia's sales as the dependent variable (Y). Based on the results of the study, partially shows that mining exports, and processed products have a significant positive effect on Indonesian sales. While agricultural exports (X2) have no effect on Indonesian sales (Y).
Analisis Pengaruh Persepsi Kebermanfaatan, Persepsi Kemudahan dan Persepsi Risiko Terhadap Minat UMKM untuk Bertransaksi Menggunakan Fintech/Financial Technology Sebagai Layanan Pembayaran Digital: Studi pada UMKM Kabupaten Nganjuk Acha Bella Firdayanti; Erna Puspita; Andy Kurniawan
Economic Reviews Journal Vol. 3 No. 3 (2024): Economic Reviews Journal
Publisher : Masyarakat Ekonomi Syariah Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56709/mrj.v3i3.359

Abstract

This research is motivated by technological developments which are accelerating rapidly and penetrating various sectors of life. Technological progress has had many positive impacts, one of which is on the economic sector. Starting from limitations in making payments, an innovation was created that made things easier and faster. The aim of this research is to analyze whether perceived usefulness, perceived convenience and perceived risk partially and simultaneously UMKM influence interest in making transactions using Fintech/Financial Technology as a digital payment service. This research uses a quantitative approach with the causality method. In this research, the population of UMKM taken was operating in the culinary sector who were registered with the Nganjuk Regency Cooperatives and Micro Enterprises Service, totaling 544 UMKM. The sampling technique used a purposive sampling technique using the Slovin formula and the number of samples used in the research was 85 respondents obtained by distributing questionnaires/google forms. The tests carried out in this research used SPSS version 25 with multiple linear regression analysis methods. The conclusion of this research shows that perceived usefulness, perceived convenience and perceived risk partially and simultaneously have a significant influence on UMKM interest in using fintech as a digital payment service.
Co-Authors Acha Bella Firdayanti Ainun Fadhila Al Faruq, Mohammad Tawakal Amalia Renata Anggraeni Amin Tohari Andy Kurniawan Andy Kurniawan Andy Kurniawan, Andy Anneke Shierly Frycillia Widodo Athaya Julie Kuswanto Badrus Zaman Badrus Zaman Badrus Zaman Betari, Dinda Dwi Putri Bitasari, Irna Budhi Utami Bunga Berlian Noerma Putri Devika Putri Lestari Devita Dwi Nur Insani Dewi Hayu Nafi’ah Diah Nurdiwaty Dian Kusumaningtyas, Dian Dyah Ayu Paramitha Erma Tria Oktaviani Evita Noviani Evy Nulandari Fa'ida, Maf'ulatul Faisol Faisol Faisol Faisol Faisol Fastami’ Lima Yukha Fine Ferda Sella Putri Hestiana, Hesti Nofiana Hestin Sri Widiawati Hidayah, Dhea Evanda Mu’amarotul Holyness Nurdin Singadimedja Ibnu Samsul Huda Ilmi, Aziz Rizki Miftahul Indah Rahmawati Indriastuti, Marlina Irwanto, Sofa Marwa Ismayantika Dyah Puspita Jannah, Amalya Miftahul Kartikosari, Zulia Khoharudin, Ali Kristiani, Gilang Wahyu Lexia Ifani Linawati , Linawati Linawati Linawati Linawati Linawati M., Bella Ratri Mahliatussikah , Hanik Mar'atus solikah Miftahul Huda Moch. Ardan Al Mahdi Arifin Mubarok, M. Rizky Natalia, Susan Nuria, Mabella Syinta Nurrenza Azizah Paramitha, Dyah Prima, Yogas Andi Puji Astuti Puji Astuti Puji Astuti Puspasari, Retno Puspita, Ismayantika Dyah Putri Setyo Andini Putri, Anggun Utomo Putri, Wilda Karisma Raden Mohamad Herdian Bhakti Rani, Shintya Mellinia Resa Putri Ningtias Riska Putri Rosita Diyah Ramadhani Rosmina, WA Rosydah, Amelia Azza Sari, Dita Natalia Septian Dwi Arinda Setiawan, Agus sades Shagti, Ruhita SIGIT PUJI WINARKO Solikah, Mar atus solikah, mar'atus Solikah, Mar’atus Sri Widiawati, Hestin Sugeng Sugeng Sugeng Sugeng Sugeng Sugeng Sugeng Therisia, Reficensa Totok Triana Oktavia Oktavia Putri Widiawati, Hestin Sri Wijayanti, Mella Yenny Meilina Soesilowati Zulistiani, Zulistiani