PENGARUH EFISIENSI MODAL KERJA, LIKUIDITAS DAN SOLVABILITAS TERHADAP PROFITABILITAS PADA PERUSAHAAN FOOD AND BEVERAGE YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI)

Abstract

The objective of this research is to determine and analyze the influence of working capital efficiency, liquidity, and solvability on profitability in the food ang beverage company that is registered at The Indonesian Stock Exchange.   Data analysis that is used in this research is double linier regression. The population that is taken in this research is the food ang beverage company that is listed at The Indonesian Stock Exchange in period 2011-2015, with purposive sampling as the data collecting technique.  The result of research showed that Working Capital Turnover (WCT) partially has significant positive influence on Return on Asset (ROA), it is proven by t statistic = 3,495 (sig. 0,001 < 0,05). Partially, Current Ratio (CR) has significant positive influence on Return on Asset (ROA), it is proven by t statistic = 3,385 (sig. 0,001 < 0,05). Partially, Debt to Capital Asset has negative significant influence in Return on Asset (ROA), it is proven by t statistic = -2,500 (sig. 0,016 < 0,05).