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PENGARUH CURRENT RATIO (CR) DAN TOTAL ASSET TURNOVER (TATO) TERHADAP PERTUMBUHAN LABA PADA PT IMPACK PRATAMA INDUSTRI TBK PERIODE 2014-2023 Adinda Nurul Janah; Hadijah Febriana
Journal of Research and Publication Innovation Vol 2 No 3 (2024): JULY
Publisher : Journal of Research and Publication Innovation

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Abstract

This study, titled "The Effect of Current Ratio (CR) and Total Asset Turnover (TATO) on Profit Growth at PT Impack Pratama Industri Tbk for the Period 2014-2023," aims to test and obtain empirical evidence regarding the effects of Current Ratio (CR) on profit growth at PT Impack Pratama Industri Tbk for the period 2014-2023, the effect of Total Asset Turnover (TATO) on profit growth at PT Impack Pratama Industri Tbk for the period 2014-2023, and the combined effect of Current Ratio (CR) and Total Asset Turnover (TATO) on profit growth at PT Impack Pratama Industri Tbk for the period 2014-2023. The type of research used is descriptive. The analysis methods employed in this research include: descriptive statistics, classical assumption tests, quantitative analysis, correlation coefficients, coefficient of determination, t-tests, and F-tests using IBM SPSS Version 26. The variables in this study are: X1 (Current Ratio), X2 (Total Asset Turnover), and Y (Profit Growth). The data used in the research is obtained from the Indonesia Stock Exchange for PT Impack Pratama Industri Tbk for the period 2014 – 2023. The data analysis technique uses t-tests and F-tests for hypothesis testing. The results of this study indicate that: 1) Current Ratio does not affect profit growth. This is evidenced by the t-test calculation with a t-value of 1.293 < t-table of 2.306 and a significance value of 0.237 > 0.05. 2) Total Asset Turnover affects profit growth. This is evidenced by the t-test calculation with a t-value of 2.826 > t-table of 2.306 and a significance value of 0.026 < 0.05. 3) Both Current Ratio and Total Asset Turnover affect profit growth. This is evidenced by the F-test calculation with an F-value of 5.349 > F-table of 4.74 and a significance value of 0.039 < 0.05.