Abstract
Purpose – This study was conducted to examine the effect of Net Profit Margin, Return On Assets and Return On equity on profit growth in food and beverage sub-sector companies listed on the IDX in 2017-2020.Design/methodology –The method used in this study to analyze the data is the classical assumption test consisting of normality test, multicollinearity test, heteroscedasticity test, and autocorrelation test. And to analyze the relationship between variables using multiple linear regression analysis which includes hypothesis testing and coefficient of determination test.Findings - The results and conclusions in this study are partially Net Profit Margin has no effect on profit growth, Return On Assets has no effect on profit growth, and Return On Equity has no effect on profit growth. However, simultaneously Net Profit Margin, Return On Assets, and Return On Equity have an influence on the profit growth of food and beverage companies listed on the IDX from 2017 – 2020.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.