PENGARUH CURRENT RATIO DAN INVENTORY TURNOVER TERHADAP RETURN ON ASSETS PADA PT MATAHARI DEPARTMENT STORE TBK PERIODE 2014 – 2023

Abstract

This research aims to determine the effect of Current Ratio and Inventory Turnover on Return on Assets at PT Matahari Department Store Tbk for the period 2014 - 2023. The method used is quantitative method. The sample used is the balance sheet and income statement of PT Matahari Department Store Tbk for the period 2014 - 2023. The data analysis used is descriptive analysis, classical assumption test, regression analysis, correlation coefficient analysis, and hypothesis testing with the help of the Statistical Product and Service Solution (SPSS) version 26 program. Based on the research results partially Current Ratio has no significant effect on Return on Assets with t count -1, 259 < t table 2,365 and a significance value of 0.284 > 0.05. Inventory Turnover partially has a significant effect on Return on Assets with t count 3,243 > t table 2,365 and a significance value of 0.014 < 0.05. While simultaneously Current Ratio and Inventory Turnover have a significant effect on Return on Assets with F count 11.968> F table 4.737 and a significance value of 0.006 < 0.05. The variation in Return on Assets can be explained by the Current Ratio and Inventory Turnover variables by 77.4% and the remaining 22.6% is influenced by other factors outside this research.