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PT Matahari Department Store TBK Income Statement Analysis Putra, Fachrul Ananda; Pangestu, Rizcki
International Journal of Global Operations Research Vol. 5 No. 3 (2024): International Journal of Global Operations Research (IJGOR), August 2024
Publisher : iora

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47194/ijgor.v5i3.326

Abstract

This research aims to find out how each income variable contributes to total income and analysis of financial performance at PT Matahari Department Store Tbk (Matahari), which is one of the leading retail companies in Indonesia that provides clothing, accessories, beauty and household products using the ratio financial Return On Investment (ROI), Net Profit Margin (NPM), Total Asset Turnover (TATO) from 2019 to 2023, then financial performance using the Du Pont approach analysis. This research uses a qualitative descriptive research method. And from the research results we can show that the condition of the profit and loss report at PT Matahari can be said to be quite good even though there are fluctuations in the contribution of income and total income variables and are in a negative condition. With the du pont system analysis, financial performance has increased even though it is still in a negative condition too. This is influenced by the percentage of net profit or NPM which experiences a negative decrease in losses and is followed by an increase in the TATO value. 
Calculation of Life Insurance Premiums with Markov Chain Applications for Patients with Pulmonary Tuberculosis Disease in Indonesia Putra, Fachrul Ananda; Purba, Daniel Victorio Rudolfo
International Journal of Mathematics, Statistics, and Computing Vol. 2 No. 4 (2024): International Journal of Mathematics, Statistics, and Computing
Publisher : Communication In Research And Publications

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijmsc.v2i4.143

Abstract

This study aims to calculate the premium for Long Term Care (LTC) insurance on Annuity as A Rider Benefit products with a multi-status model. Pulmonary Tuberculosis is one of the major infectious diseases that contribute significantly to morbidity and mortality rates. Therefore, it is necessary to calculate insurance premiums that consider the health risks of sufferers. In this study, Markov chains are used to model the health status transition of individuals with Pulmonary Tuberculosis over time, considering several health states, such as healthy, sick, and dead. Tuberculosis epidemiological data in Indonesia is used to estimate the transition probabilities between health states. The case study used in this research is a 35-year-old man who participates in LTC insurance with a coverage period of 5 years. It is known that the value of compensation when a person dies is IDR 100,000,000. The interest rate used is 5%. The calculation results obtained annual premium for LTC insurance on Annuity as A Rider Benefit product is Rp294,333. Then the calculation of the annual net premium of this insurance is also calculated based on age and gender. When age increases, the premium will be greater, this is influenced by the greater chance of death when age increases. In addition, based on gender, it is found that the male premium is more expensive than the female gender. This is influenced by the chance of death of men is greater than women.