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THE INFLUENCE OF ASSET TURNOVER AND SOLVABILITY ON THE PROFIT GROWTH OF FOOD AND BEVERAGES COMPANIES ON THE INDONESIA STOCK EXCHANGE (BEI) FROM 2017 TO 2022 Idriyansyah Purba, Asra; Lainatusshifa Kemal
JURNAL KREASI RAKYAT Vol. 1 No. 3 (2023): August - Oktober
Publisher : Lembaga Riset dan Inovasi Kreyat Center

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.64617/kreyat.v1i3.193-208

Abstract

This research aims to determine the effect of asset turnover and solvency on profit growth in food and beverage manufacturing companies listed on the Indonesia Stock Exchange 2017-2022. With the quantitative method, it is carried out partially and simultaneously. Simultaneously, asset turnover has a positive and significant effect on profit growth in food and beverage companies listed on the Indonesia Stock Exchange. Partially, solvency has a significant negative effect on profit growth in food and beverage companies listed on the Indonesia Stock Exchange. Based on research conducted, asset turnover and solvency simultaneously have a significant effect on profit growth in food and beverage companies listed on the Indonesia Stock Exchange.