Pengaruh Pengelolaan Aktiva Tetap dan Pengelolaan Modal Kerja Terhadap Tingkat Ptrofitabilitas

Fikra Zahriatul Mulawanah Ratna Pratiwi

doi:10.31955/mea.v4i3.653

Fikra Zahriatul Mulawanah Ratna Pratiwi Universitas Padjajaran

DOI: https://doi.org/10.31955/mea.v4i3.653

Abstract

This study aims to determine the effect of fixed asset management and working capital management on the level of profitability as measured by using Fixed Assets Turnover, Working Capital Turn Over, and Return on Assets. The hypothesis in this study was tested using multiple linear regression analysis techniques. The research period was 4 years from 2016 to 2019. The population in this study were 18 companies listed on the Indonesian Stock Exchange. In this study, the sampling technique used was saturated samples. Based on the results of statistical tests carried out using SPSS, it shows in this study that partially the fixed asset management variable was found to have no influence on the level of profitability. Meanwhile, the working capital management variable was found to have a significant effect on the level of profitability. Simultaneously, the variables of fixed asset management and working capital were found to have an effect on the level of profitability in food and beverage companies in Indonesia.

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