Working Capital on Profit (CV X Tours and Travels Case Study in Surabaya) 2013-2018 Period
Purpose: to find out and analyze whether working capital variables consisting of liquidity, working capital turnover and accounts receivable turnover affect the profitability of CV. X Tours and Travels and to find out and analyze which of these capital variables has the dominant influence on profit...
| Hlavní autoři: | , , |
|---|---|
| Médium: | Článek |
| Jazyk: | English |
| Vydáno: |
LPPM of Narotama University Surabaya
2021-10-01
|
| Edice: | IJEBD (International Journal of Entrepreneurship and Business Development) |
| Témata: | |
| On-line přístup: | https://jurnal.narotama.ac.id/index.php/ijebd/article/view/1519 |
| Shrnutí: | Purpose: to find out and analyze whether working capital variables consisting of liquidity, working capital turnover and accounts receivable turnover affect the profitability of CV. X Tours and Travels and to find out and analyze which of these capital variables has the dominant influence on profitability in CV. X Tours & Travels.
Design/methodology/approach: The analysis carried out is quantitative analysis using multiple linear regression to answer the problem formulation and determine the effect of predetermined variables.
Findings: . The results of the study obtained the Fcount value of 151.118 with a significance of 0.006, the tcount value of each variable Price tcount -8.706 > ttable 1.97438, liquidity variable tcount 15.235 > ttable 1.97438, and variable Working Capital Turnover tcount 16.860 > ttable 1.97438. Based on the results of research in CV. X Tours and Travels Surabaya of the three independent variables have a simultaneous, partial and significant effect on Profitability. The dominant variable is Working Capital Turnover.
Practical implications: Intensifying working capital towards profitability
Originality/value: This paper is original
Paper type: research sense
|
|---|---|
| ISSN: | 2597-4750 2597-4785 |