Faktor-Faktor Yang Mempengaruhi Return On Invesment Pada Perusahaan Yang Terdaftar Pada Bursa Efek Indonesia

Abstract

This study aims to analyze the effect of Working Capital Turnover and Debt Ratio on Return On Investment (ROI) (Case Study in Food and Beverage Sub-Sector Companies Listed on the Indonesia Stock Exchange). The samples in this study were 13 companies listed in the Food and Beverage sub-sector. in Indonesia with the purposive sampling method for the period 2015 to 2019. Based on the results of statistical analysis, it can be concluded that the Turnover of Working Capital partially has a significant effect on Return On Investment (ROI) in the Food and Beverage Sub Sector Companies studied. This is evidenced by using the t test with a significant value of 0.000 <α 0.05 and the value of tcount is [-4.473]> t table [1.999]. So it can be concluded that Working Capital Turnover has a significant effect on Return On Investment (ROI). Based on the results of statistical analysis, it can be concluded that the Debt Ratio partially affects the Return On Investment (ROI) of the Food and Beverage SubSector Companies under study. This is evidenced by using the t test with a significant value of 0.001 <α 0.05 and the value of tcount is [-3423]> t table [1.999]. So it can be concluded that the Debt Ratio has a significant effect on Return On Investment (ROI). Simultaneously, the Turnover of Working Capital and Debt Ratio have an effect on the Return On Investment (ROI) of the Food and Beverage Sub-Sector Companies under study. This is evidenced by using the f test with a significant value of 0.000 ftabel [3,24]. This can also be seen from the R Squere value of 0.342 or 34.2% and is influenced by other variables that have not been studied at 65.8%.