FAKTOR-FAKTOR YANG MEMENGARUHI RETURN ON ASSET
Main Article Content
Abstract
The purpose of this research is proving empirically the effect of Debt to Asset Ratio,
Asset Tangibility, Asset Turnover, and Sales Growth on Return on Asset in
manufacturing companies listed on the Indonesia Stock Exchange during 2016-2019.
Sample was selected using purposive sampling method and the valid data is 35
manufacturing companies from a total population of 134 manufacturing companies
listed on the Indonesia Stock Exchange during 2016-2019. The data processing
technique using multiple regression analysis with the EVIews 10 program and
Microsoft Excel 2013. The results showed Debt to Asset Ratio has a negative effect on
Return on Asset, Asset Tangibility has no negative effect on Return on Asset, Asset
Turnover has no positive effect on Return on Asset, and Sales Growth has a positive
effect on Return on Asset. The implication of this research is the need to improve the
company's financial performance to increase the company's Return on Asset which will provide a good signal for investors.
Article Details
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This work is licensed under a Jurnal Komunikasi Creative Commons Attribution-ShareAlike 4.0 International License.
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