Akademika : Jurnal Manajemen, Akuntansi, dan Bisnis
Vol. 20 No. 1 (2022): Februari 2022

PERPUTARAN MODAL KERJA, LIKUIDITAS DAN SOLVABILITAS DALAM MENINGKATKAN PROFITABILITAS PERUSAHAAN

EDWIN AGUS BUNIARTO (Universitas Islam Kadiri Kediri)



Article Info

Publish Date
15 Feb 2022

Abstract

This study aims to determine the effect of working capital turnover, liquidity and solvency on profitability in food and beverage sub-sector companies in the Indonesian Capital Market for the 2016-2020 period. Working capital turnover is calculated using the Working Capital Turnover ratio, liquidity is measured using the Current Ratio, solvency is measured using the Debt to Assets Ratio and Profitability is measured using Return on Assets. This type of research is quantitative using multiple linear regression analysis. The sampling technique used purposive sampling method. The results of the analysis show that working capital turnover, liquidity and solvency have a significant effect on company profitability. This is evidenced by the results of correlation analysis which shows the value of r2 = 0.831, which means that there is an influence between working capital turnover, liquidity and solvency on profitability. Partially, each independent variable has a significant effect on profitability.

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Journal Info

Abbrev

JAK

Publisher

Subject

Economics, Econometrics & Finance Education

Description

Akademika, Jurnal Manajemen, Akunntansi dan Bisnis diterbitkan oleh program Studi S1 Manajemen STIE Indonesia Malang setiap periode 2 edisi dalam satu tahun, dikelola oleh Pusat Publikasi dan Penerbitan Karya Ilmiah STIE Indonesia ...