Pengaruh Current Ratio, Total Asset Turnover, Dan Debt to Total Asset Terhadap Return on Asset Pada Perusahaan LQ45 Di Bursa Efek Indonesia Periode 2011-2013

Maya Angela • Rita Widayanti • Fredella Colline
Journal article Jurnal Ilmiah Manajemen Bisnis Ukrida • Juni 2015 Indonesia

Unduh teks lengkap
(Bahasa Indonesia, 11 pages)

Abstrak

The purpose of this research is to help investors in making decision how to invest in the stock market by analyzing the influences of liquidity, activity, and solvency ratio on company's profitability. Financial rations which are used in this research are Current Ration, Total Asset Turnover, and Debt to Total Asset as independent variables and Return On Assets as the dependent variable. This research is using the purposive sampling method with 17 sample of LQ45 companies which fulfilled the research criteria during the period 2011-2013 from 45 existing listed companies. This research is using the Multiple Linear Regression Analysis, Classical Assumption Test, and Hypothesis Testing. Based on Classical Assumption Test results prove that the data which are used in this research do not have any problem of normality, multicollinearity, autocorrelation, and heteroscedasticity. The results of Partial Hypothesis Testing show that Current Ratio has a significant positive influence on Return On Asset, Total Asset Turnover has a significant positive influence on Return On Asset, and Debt to Total Assets does not have any significant influence on Return On Asset. If Current Ratio increases, Return On Asset will decreases. If Total Asset Turnover increases, Return On Asset will also increases. Instead, the changes in the Debt to Total Asset has no impact on Return On Asset changes.

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Jurnal

Jurnal Ilmiah Manajemen Bisnis Ukrida

Jurnal Ilmiah Manajemen Bisnis Ukrida is an open access, peer-reviewed journal that publishes ori... tampilkan semua