Indonesian Journal of Applied and Industrial Sciences (ESA)
Vol. 2 No. 1 (2023): January, 2023

Comparative Analysis of the Financial Performance of Rambusaratu Village Before and During the 2018-2020 Covid-19 Pandemic

Muliana (Universitas Sulawesi Barat)
Novia Sandra Dewi (Universitas Sulawesi Barat)



Article Info

Publish Date
30 Jan 2023

Abstract

The purpose of this study was to determine the financial performance of Rambusaratu Village before and during the 2018-2020 Covid-19 Pandemic using the independence ratio, effectiveness ratio, efficiency ratio, and growth ratio. This type of research is a quantitative descriptive research using secondary data in the form of reports on the realization of the Village Revenue and Expenditure Budget (APBDes) for Rambusaratu Village for 2018-2020. The data analysis technique in this study uses the formula for the independence ratio, the effectiveness ratio, the efficiency ratio, and the growth ratio. The results showed that the financial performance of Rambusaratu Village based on the independence ratio was high with an average ratio of 100%, because Rambusaratu Village did not depend on assistance from the provincial and district/city governments. Based on the effectiveness ratio, the financial performance is categorized as effective with an average ratio of 100%, because the realization of the budget is in accordance with the target to be achieved. From the efficiency ratio, it was found that financial performance was less efficient with an average ratio of 100%, this was because the Village had not been able to suppress the amount of the expenditure budget, and the growth ratio showed that finance had increased and decreased every year.

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Journal Info

Abbrev

esa

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Industrial & Manufacturing Engineering Social Sciences

Description

Indonesian Journal of Applied and Industrial Sciences (ESA) is a scientific journal published six times a year (January, March, May, July, September, and November). Indonesian Journal of Applied and Industrial Sciences (ESA) publishes original research results related to research in the field of ...