The Effect of Capital Structure, Sales Growth and Working Capital Turnover on Return on Assets in Industrial Companies Producing Raw Materials for the Plantation Sub-Sector Listed on the IDX in 2015-2019.
Pengaruh Struktur Modal, Pertumbuhan Penjualan dan Working Capital Turnover Terhadap Return on Asset Pada Perusahaan Industri Penghasil Bahan Baku Sub Sektor Perkebunan yang Terdaftar di BEI Tahun 2015-2019.
DOI:
https://doi.org/10.21070/ups.979Keywords:
Capital Structure, Sales Growth, Working Capital Turnover, Return on Assets.Abstract
This study aims to determine the effect of capital structure, seller growth and working capital turnover on return on assets in industrial companies producing raw materials in the plantation sector listed on the IDX 2015-2019.
This study uses two research variables, namely the independent variable and the dependent variable. The independent variables of the study consist of capital structure, sales growth and working capital turnover. While the dependent variable of the research is return on assets. In determining the sample of this study using non-probability sampling method with a total population of 16 companies and a total sample of 7 companies.
Based on the results of multiple regression analysis testing, it was found that the results of research on capital structure and working capital turnover had an negative effect on return on assets. While sales growth has no effect on return on assets.
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