The Effect of Current Ratio, Debt to Equity Ratio, Total Asset Turnover and Firm Size on Profit Growth in Food and Beverages Companies
Abstract
The purpose of this study was to analyze the effect of the current ratio, debt to equity ratio, total asset turnover and firm size on profit growth in food and beverages companies on the Indonesia Stock Exchange from 2018 to 2022. The research sample used was purposive sampling. This study uses secondary data in the form of annual financial reports of food and beverage companies listed on the Indonesia Stock Exchange. The data in this study will be tested with several stages of testing, namely the descriptive statistical test, the classic assumption test which consists of testing all hypotheses through the coefficient of determination test, partial test (t test) and simultaneous test (f test). The results of this study indicate that the current ratio has a negative and insignificant effect on the profit growth of food and beverages companies, the debt to equity ratio has a negative and not significant effect on the profit growth of food and beverages companies, Total Asset Turnover has a positive and significant effect on the profit growth of food and beverages companies. beverages, firm size has a negative and insignificant effect on the profit growth of food and beverages companies.
Downloads
Copyright (c) 2024 Mega Ayu Wulandari, Sri Sudarsi
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
An author who publishes in the EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi dan Bisnis agrees to the following terms:
Author retains the copyright and grants the journal the right of first publication of the work simultaneously licensed under the Creative Commons Attribution-ShareAlike 4.0 License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal
Submission of a manuscript implies that the submitted work has not been published before (except as part of a thesis or report, or abstract); that it is not under consideration for publication elsewhere; that its publication has been approved by all co-authors. If and when the manuscript is accepted for publication, the author(s) still hold the copyright and retain publishing rights without restrictions. For the new invention, authors are suggested to manage its patent before published. The license type is CC-BY-SA 4.0.
EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi dan Bisnis is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
