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The Accuracy of Balance Model in Predicting Stock Investment During The Covid-19 Pandemic on LQ 45 Index Elly Susanti; Nelly Ervina; Ernest Grace; Sudung Simatupang
Organum: Jurnal Saintifik Manajemen dan Akuntansi Vol 4, No 2 (2021): Organum: Jurnal Saintifik Manajemen dan Akuntansi, December 2021
Publisher : Universitas Winaya Mukti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35138/organum.v4i2.193

Abstract

In doing investment, an investor certainly avoids risk; thus, the investor needs a model in making predictions to forecast the return of shares. There are two models to predict this: Capital Asset Pricing Capital (CAPM) and Arbitrage Pricing Theory (APT). The purpose of this study is to find out which models are more accurate in determining investment options, especially during the Covid-19 pandemic in companies that are included in the LQ 45 Index group. The population in this study is 50 companies listed in LQ 45 from February 2020 - July 2021. The sampling technique used in this study is purposive sampling. The data used in this study will be processed through Ms.Excel and SPSS Version 21. The data analysis techniques used in this study are the Basic Assumption Test consisting of Normality Test and Homogeneity Test, Mean Absolute Deviation (MAD), and hypothesis testing consisting of independent t-test samples. The results in this study show that Model is accurate in predicting stock returns in the Covid-19 pandemic is a CAPM model this is because the value of MAD CAPM is smaller than mad APT. Furthermore, independent t-test samples showed that H0 was rejected which meant that there was a difference in accuracy between CAPM and APT in calculating the return of LQ 45 shares. The implication of this study are expected to provide references to investors and potential investors as a source of information in decision making to make investments in this pandemic period.
PRAKTEK DAN PARTISIPASI DOSEN DAN MAHASISWA MELATIH BERNYANYI NAPOSO BULUNG HKBP SOLA GRATIA BINJAI April Hampego Silitonga; Junita Batubara; Virda Natesya; Ansen Godang Bt. Sitompul; Aryanda Nugraha Viory Simatupang; Juli Antasari Br. Sinaga; Injen Pardamean Butar-Butar; Ernest Grace
Community Development Journal : Jurnal Pengabdian Masyarakat Vol. 3 No. 1 (2022): volume 3 Nomor 1 Tahun 2022
Publisher : Universitas Pahlawan Tuanku Tambusai

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/cdj.v3i1.3664

Abstract

Kegiatan pengabdian ini bertujuan untuk meningkatkan kemampuan bernyanyi naposobulung di Gereja HKBP Sola Gratia Binjai. Adapun kegiatan ini dilaksanakan oleh Dosen bersama mahasiswa dari Prodi Sastra Inggris dan Prodi Seni Musik Fakultas Bahasa dan Seni Universitas HKBP Nommensen Medan. Kegiatan ini dilakukan, berkaitan dengan mata kuliah Praktek Lapang Tematik (PLT) dimana Fakultas Bahasa dan Seni telah membangun Desa Binaan di Lingkungan II, Kelurahan Dataran Tinggi, Binjai Timur, Kota Binjai. Tahapan kegiatan dalam kegiatan pengabdian ini adalah: 1) Melakukan survey lokasi di lingkungan II, 2) Merumuskan masalah, 3) Merumuskan pemecahan masalah, 4) Menentukan target luaran dari setiap rangkaian pemecahan masalah. Hasil yang diperoleh dalam kegiatan pengabdian ini diperoleh: 1)Naposobulung memberikan respon yang sangat tinggi terhadap kegiatan pelatihan bernyanyi, 2) Naposubulung memiliki keinginan untuk belajar bermain gitar dalam mengiringi lagu “O Holy Night”, 3) Napobulung mampu menyanyikan lagu “O Holy Night pada acara Natal di Gereja HKBP Sola Gratia Lingkungan II, Kelurahan Dataran Tinggi, Binjai Timur. Tahapan-tahapan ini dilakukan berdasarkan kesepakatan bersama dikarenakan harus menentukan waktu bersama. Selanjutnya berdasarkan diskusi bersama dengan pihak naposobulung, orangtua dan penatua di gereja tersebut maka mereka menginginkan agar kegiatan ini bisa berlangsung teru menerus dan menjadi bentuk kerjasama melalui Surat Perjanjian Kerja (SPK) dalam meningkatkan kemampuan naposobulung untuk melakukan bernyanyi bersama di acara-acara kebaktian dalam gereja. Diharapkan kerjasama ini dapat berlangsung bukan hanya untuk naposobulung saja tetapi untuk anak-anak sekolah minggu juga.
ANALYSIS OF INNOVATION STRATEGIES TO INCREASE THE COMPETITIVE ADVANTAGES OF ULOS PRODUCTS IN PEMATANGSIANTAR CITY Fitria Halim; Sherly Sherly; Ernest Grace; Darwin Lie; Acai Sudirman
JURNAL MANAJEMEN DAN BISNIS Vol 10 No 2 (2021): JURNAL MANAJEMEN DAN BISNIS (TERBIT DESEMBER 2021)
Publisher : LPPM Press STIE Indragiri Rengat

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34006/jmbi.v10i2.308

Abstract

One of the production sectors that has become the flagship product of Pematangsiantar City is ulos cloth. Ulos cloth is a typical woven fabric of the Batak community developed for generations in North Sumatra, one of which is the city of Pematangsiantar. This study aims to explore various information related to the number of ulos craftsmen in Pematangsiantar city to facilitate the government in grouping these ulos craftsmen and as a first step to formulate an innovation strategy for the development of creative ulos fabric production to be able to develop superior products armed with knowledge. knowledge, creativity, innovation and being able to create jobs for the community. This type of research is qualitative with a one-shot model, namely an approach model by conducting one-time data collection on an object of research. The research subjects taken in this study were ulos craftsmen spread across eight sub-districts of Pematangsiantar City. The analysis was carried out in eight sub-districts in Pematangsiantar City. Data collection techniques using observation, interviews and questionnaires, field notes and documentation.The results of the study concluded that the innovation strategy applied by the ulos fabric craftsmen was not optimal, this was due to the limited capacity and opportunity to innovate, the ulos craftsmen experienced problems in making product innovations related to technological limitations caused by limited investment capital to buy new machines or equipment. to improve production processes and limited human resources who can operate new machines or make innovations that take advantage of technological developments.
DISIPLIN DAN IMPLIKASINYA TERHADAP KINERJA KARYAWAN Dermawan Perangin Angin; Marto Silalahi; Ernest Grace
Jurnal Inovasi Penelitian Vol 2 No 3: Agustus 2021
Publisher : Sekolah Tinggi Pariwisata Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47492/jip.v2i3.771

Abstract

Organizational discipline is very useful for companies in achieving employee performance. The purpose of the study was to see how the influence of discipline on the performance of employees of PT Alamjaya Wirasentosa Depo Pematangsiantar, which amounted to 25 employees. Data testing was carried out using a validity test with valid criteria and reliability with the results of reliable criteria normality test showing the results that the data distribution is normally distributed, the coefficient of determination with the results is 43% while the remaining 57% which is a variable that is not explained in this study, simple regression with the results equation Y = 22.884 + 0.824, and the results of the partial test show that there is a positive and significant influence of discipline on employee performance. This shows that good discipline will produce good performance, if the discipline is too binding then performance can decrease.
ANALISIS LEVERAGE DAN AKTIVITAS DALAM MENGENDALIKAN PROFITABILITAS PADA PT ASTRA OTOPARTS, Tbk YANG TERDAFTAR DI BURSA EFEK INDONESIA Deby Rizki Amanda Lubis; Jubi Jubi; Ady Inrawan; Ernest Grace
JURNAL AKUNTANSI FINANCEIAL STIE SULTAN AGUNG Vol 5, No 1 (2019): Juni
Publisher : Sekolah Tinggi Ilmu Ekonomi Sultan Agung

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (86.706 KB) | DOI: 10.37403/financial.v5i1.88

Abstract

The purpose of this research to know: 1.  The description of leverage, activity and profitability at PT Astra Otoparts, Tbk which are listed on the Indonesia Stock Exchange. 2. What factors are cause profitability at PT Astra Otoparts, Tbk which are listed on the Indonesia Stock Exchange tend to decline.   This research was conducted using Qualitative Descriptive Analysis and Inductive Analysis. This research was conducted based on secondary data from company financial statements obtained from the Indonesia Stock Exchange.        The results of the study can be concluded that: 1. Leverage as measured by Debt to Assets Ratio (DAR) fluctuates and tends to increase. 2. Activities measured by Working Capital Turnover (WCT) fluctuate and tend to increase. 3. Profitability as measured by fluctuating Return On Assets (ROA) tends to decrease. 4. Factors that cause decreased profitability are increased business debt, increased inventory and increased cost of goods sold so that the resulting profit decreases.            The results of the study suggest: 1. It is best if the company needs to review the use of corporate debt in financing its activities by carrying out control of accounts receivable and strict supervision and evaluation periodically, so that the risk of such debts can be minimized. 2. It is better for the company to pay more attention to the management of supplies effectively and efficiently so as to produce increased sales. Effective inventory management also needs to pay attention to inventory storage so as not to overload, both obsolete inventory and unsold inventory. 3. It is better for the company to pay more attention to using its assets to generate high sales accompanied by an increase in profit after tax owned by the company to produce good profits. On the other hand the company must also consider the level of operating expenses so as not to over-pressure profits. Keywords: Leverage, Activity, and Profitability
ANALISIS DU PONT SYSTEM DALAM MENGUKUR KINERJA KEUANGAN PERUSAHAAN PADA PT FAST FOOD INDONESIA, Tbk YANG TERDAFTAR DI BURSA EFEK INDONESIA Yuni Rezki Hutasoit; Yansen Siahaan; Debi Eka Putri; Ernest Grace
JURNAL AKUNTANSI FINANCEIAL STIE SULTAN AGUNG Vol 5, No 2 (2019): Desember
Publisher : Sekolah Tinggi Ilmu Ekonomi Sultan Agung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37403/financial.v5i2.109

Abstract

Dalam menganalisis kinerja keuangan perusahaan dapat dilakukan dengan menggunakan metode du pont system. Du pont system merupakan bagan yang dirancang untuk menunjukkan pengembalian atas aset yang diperoleh dari perkalian marjin laba dengan total perputaran total aset. Tujuan penelitian ini adalah: Untuk mengetahui gambaran kinerja keuangan dengan menggunakan metode du pont system dan untuk mengetahui faktor-faktor yang menyebabkan penurunan kinerja keuangan dengan menggunakan analisis du pont system pada PT Fast Food Indonesia, Tbk yang Terdaftar di Bursa Efek Indonesia. Penelitian ini dilakukan dengan metode analisis deskriptif kualitatif. Objek penelitian ini adalah laporan keuangan PT Fast Food Indonesia, Tbk  yang telah diaudit periode 2013 sampai 2017. Pengumpulan data dilakukan dengan metode dokumentasi. Teknik analisis yang digunakan adalah analisis deskriptif kualitatif dan analisis induktif. Hasil analisis dapat disimpulkan bahwa Net Profit Margin (NPM), Asset Turnover (ATO), Return On Asset (ROA) dan Return On Equity (ROE) mengalami penurunan sehingga kinerja keuangan perusahaan tersebut mengalami penurunan dan buruk. Equity Multiplier mengalami peningkatan. Faktor yang dominan menyebabkan penurunan kinerja perusahaan adalah beban pokok penjualan, beban penjualan dan distribusi, beban umum dan administrasi, beban operasi lainnya, meningkatnya beban pajak penghasilan, beban keuangan dan adanya pajak final atas penghasilan keuangan Hasil penelitian ini menyarankan sebaiknya perusahaan lebih memaksimalkan penggunaan aset, mengoptimalkan penjualan dan lebih meminimalkan beban beban.Kata kunci: Analisis Du pont System, Kinerja Keuangan
ANALISIS LIKUIDITAS, SOLVABILITAS DAN AKTIVITAS DALAM MENGENDALIKAN PROFITABILITAS PADA PT INDOMOBIL SUKSES INTERNASIONAL, Tbk YANG TERDAFTAR DI BURSA EFEK INDONESIA Rizki Kurniawan; Yansen Siahaan; Ady Inrawan; Ernest Grace
JURNAL AKUNTANSI FINANCEIAL STIE SULTAN AGUNG Vol 5, No 1 (2019): Juni
Publisher : Sekolah Tinggi Ilmu Ekonomi Sultan Agung

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (100.046 KB) | DOI: 10.37403/financial.v5i1.89

Abstract

The purpose of this research is to description of liquidity, solvability, activity and profitability and to know what factors cause the profitability of PT Indomobil Sukses Internasional, Tbk which are listed on the Indonesia Stock Exchange tend to decrease. The research was using qualitative desriptive analysis. The data collection was using documentation. The analysis techniques used are qualitative descriptive analysis methods and inductive analysis.The result of this research are Current Ratio (CR) tends to decrease, Debt to Asset Ratio (DAR) tends to increase,Total Asset Turn Over (TATO) tends to decrease and Return on Assets (ROA) tends to decrease. The factors that cause decreased profitability are receivables, inventories, payables, long-term bank loans that are due soon, bank debt and sales.The suggestion of this research is that it is better to issue new debt, namely long-term debt used to pay off short-term debt, consider continuing or stopping the segment of commercial vehicle sales and passengers with certain product brands that experience continuous losses, managing inventory to increase sales.Keywords: Liquidity, Solvability, Activity and Profitability
LEVERAGE DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN SERTA UKURAN PERUSAHAAN SEBAGAI VARIABEL MODERAT PADA PERUSAHAAN MAKANAN DAN MINUMAN Yerisma Welly; Elly Susanti; Khairul Azwar; Ernest Grace
JURNAL AKUNTANSI FINANCEIAL STIE SULTAN AGUNG Vol 5, No 2 (2019): Desember
Publisher : Sekolah Tinggi Ilmu Ekonomi Sultan Agung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37403/financial.v5i2.115

Abstract

Tujuan penelitian ini untuk mengetahui gambaran leverage, profitabilitas, ukuran perusahaan dan nilai perusahaan, pengaruh leverage dan profitabilitas terhadap nilai perusahaan baik secara simultan maupun parsial serta kemampuan ukuran perusahaan dalam memoderasi hubungan leverage dan profitabilitas dengan nilai perusahaan pada perusahaan makanan dan minuman yang terdaftar di BEI periode 2013-2017. Populasi dalam penelitian ini sebanyak 18 perusahaan dan kriteria pengambilan sampel menggunakan purposive sampling sehingga sampel dalam penelitian ini sebanyak 6 perusahaan. Desain penelitian yang digunakan adalah penelitian kepustakaan. Teknik analisis data menggunakan uji asumsi klasik, analisis deskriptif kualitatif dan kuantitatif. Hasil penelitian menunjukkan leverage, profitabilitas dan nilai perusahaan mengalami penurunan sedangkan Size mengalami peningkatan. Hasil uji hipotesis pertama menunjukkan bahwa secara simultan leverage dan profitabilitas berpengaruh terhadap nilai perusahaan, sedangkan secara parsial leverage berpengaruh negatif dan tidak signifikan terhadap nilai perusahaan dan untuk nilai profitabilitas berpengaruh positif dan signifikan. Hasil uji hipotesis kedua disimpulkan bahwa ukuran perusahaan mampu memoderasi namun tidak signifikan hubungan leverage dan profitabilitas dengan nilai perusahaan pada perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia periode 2013-2017.Kata Kunci: Leverage, Profitabilitas, Ukuran Perusahaan dan Nilai Perusahaan
PRODUCT QUALITY AND CUSTOMER SATISFACTION AND THEIR EFFECT ON CONSUMER LOYALTY Ernest Grace; Rosita Manawari Girsang; Sudung Simatupang; Vivi Candra; Novelyn Sidabutar
International Journal of Social Science Vol. 1 No. 2: August 2021
Publisher : Bajang Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53625/ijss.v1i2.138

Abstract

The results of this study are to see whether the influence of product quality and customer satisfaction on consumer loyalty is found at Mandiri Jaya Mobil Pematangsiantar whose business is engaged in buying and selling new and used cars, with a total of 130 consumers and using validity, reliability, normality test, and analysis instruments. the coefficient of determination, as well as simple and multiple regression equations as well as the t hypothesis test and F test. Then a conclusion is generated that for the partial hypothesis answer it is found that the influence of product quality variables has a positive and significant effect on consumer loyalty then consumer satisfaction has a positive and significant effect on consumer loyalty and for the simultaneous test to produce answers to the hypothesis that simultaneously there is a positive and significant influence on product quality and consumer satisfaction on consumer loyalty. This shows that when product quality is getting better, and satisfaction is achieved, loyalty will persist.
Harga dan Kualitas Pelayanan Serta Pengaruhnya Terhadap Kepuasan Pelanggan Ernest Grace; Onita Sari Sinaga; Marto Silalahi; Marthin Hutler Ambarita; Sudung Simatupang
Poltanesa Vol 23 No 1 (2022): Juni 2022
Publisher : P2M Politeknik Pertanian Negeri Samarinda

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (474.091 KB) | DOI: 10.51967/tanesa.v23i1.931

Abstract

Kepuasan pelanggan merupakan faktor penting dalam kehidupan suatu bisnis, dan kepuasan tersebut dapat dipengaruhi oleh harga dan kualitas pelayanan. Tujuan dari penelitian ini untuk mengetahui pengaruh harga dan kualitas pelayanan terhadap kepuasan pelanggan. Hasil penelitian ditemukan bahwa seluruh variabel dinyatakan valid dan reliabel. Variabel harga memiliki pengaruh positif dan signifikan secara parsial terhadap kepuasan pelanggan, kualitas pelayanan memiliki pengaruh positif dan signifikan secara parsial terhadap kepuasan pelanggan. Secara simultan bahwa harga dan kualitas pelayanan memiliki pengaruh positifdan signifikan terhadap kepuasan pelanggan. Kualitas pelayanan merupakan faktor yang paling dominan dibandingkan harga dalam mempengaruhi kepuasan pelanggan. Dengan harga yang baik dan kualitas pelayanan yang baik maka akan meningkatkan kepuasan pelanggan.