International Journal of Business Economics (IJBE)
Vol 2, No 2 (2021): March - August

Effect of Working Capital, Asset Turnover and Sales Growth Limited Return on Assets on Food and Beverage Industry

Jumeida Simatupang (Universitas Potensi Utama Jl. KL Yos Sudarso Km 6,5 No 3A, Tanjung Mulia, Medan Deli, Medan City, North Sumatra 20241, Indonesia)
Eka Purnama Sari (Universitas Potensi Utama Jl. KL Yos Sudarso Km 6,5 No 3A, Tanjung Mulia, Medan Deli, Medan City, North Sumatra 20241, Indonesia)

Article Info

Publish Date
06 Apr 2021

Abstract

This study uses financial management theory related to variable Return On Assets, Working Capital, Asset Turnover and Sales Growth. The approach used is an associative approach. The population in this study is food and beverage companies listed on the Indonesia Stock Exchange IDX period 2017-2019. Samples were taken using multiple linear regression analysis methods, classic assumption test, t test (partial test), f test (simultaneous test) and SPSS 24.0 software assistance determination coefficient (Statistical Product and Service Solution). So obtained 12 companies as samples. The results showed that: Working Capital has no significant effect on Return On Asset, Asset Turnover has no significant effect on Return On Asset, while Sales Growth also has no significant effect on Return On Asset. And simultaneously Working Capital, Turnover Assets and Sales Growth has no effect and is insignificant to Return On Asset.

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Journal Info
International Journal of Business Economics (IJBE)
Website

Abbrev

ijbe

Publisher

Universitas Muhammadiyah Sumatera Utara

Subject

Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

International Journal of Business Economics (IJBE) is a media publication manuscript that contains the results of the Field Research Management applying peer-reviewed. Manuscripts published in the International Journal of Business Economics (IJBE) includes the results of scientific research original ...