The Effect of Working Capital Turnover on Profitability of Plantation Companies Listed on the Indonesia Stock Exchange 2017-2020 Period
DOI:
https://doi.org/10.556442/eabmij.v4i01.133Keywords:
Accounting Corner, Luder's Contingency Model, StimulantAbstract
This study aims to determine whether working capital turnover (X) partially has a significant effect on Return On Investment in Plantation Companies Listed on the Indonesia Stock Exchange (IDX). The method used is a simple linear regression analysis test and hypothesis testing. The data used in this study is secondary data, by collecting the annual financial statements of plantation companies in the form of balance sheets and income statements for 2017-2020 which are listed on the Indonesia Stock Exchange. The results of the t-test partially indicate the level of significance obtained from the independent variable, namely the working capital turnover of 0.031. This shows that working capital turnover has a significant effect on Return On Investment.
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