Jurnal Riset Manajemen Indonesia
Vol 2 No 4 (2020): Jurnal Riset Manajemen Indonesia (JRMI)

FINANCIAL PERFORMANCE ANALYSIS (CASE STUDY ON RIMBA BERINGIN AUTONOMOUS BUSINESS UNIT COOPERATIVE TAPUNG HULU SUB-DISTRICT YEAR 2016-2019)

Anik Sugiarti (STIE Bangkinang)
Auzar Ali (STIE Bangkinang)
Sri Mulyani (STIE Bangkinang)



Article Info

Publish Date
31 Oct 2020

Abstract

This research was conducted to find out the financial performance achieved by the Rimba Beringin Autonomous Business Unit Cooperative in 2016-2019 and the strategies used to achieve financial performance that meets the standards of the Regulation of the Minister of Cooperatives and Small and Medium Enterprises of the Republic of Indonesia No.06/Per/M.KUKM/V/2006. This research is a descriptive study. The method of data collection used is research and observation files. The data analysis method used is the financial ratio consisting of liquidity ratio and profitablity ratio. The results showed that, the financial performance of the Rimba Berin Autonomous Business Unit Cooperative as measured by the liquidity ratio of current ratio and cash ratio showed poor performance. Judging from the profitability ratio, returnt on assets and return on equity shows excellent financial performance

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Journal Info

Abbrev

jrmi

Publisher

Subject

Economics, Econometrics & Finance

Description

The scope of the journal is: Economic; Management; Accounting INDONESIAN MANAGEMENT RESEARCH JOURNAL (JRMI) receives rigorous research articles that have not been offered for publication elsewhere. INDONESIAN MANAGEMENT RESEARCH JOURNAL (JRMI) on the research related to accounting and business that ...