PENGARUH PROFITABILITAS TERHADAP MODAL KERJA PADA INDUSTRI MAKANAN DAN MINUMAN DI BEI

Abstract

Working capital is an important component in running a company’s business. Working capital used is expected to be re-entered in the short term through sales. This is because the working capital will rotate continuously every year can be reallocated to finance the company’s operations.This research aims to determine the influence of Net Profit Margin, Return On Assets, Return On Equity to working capital. The benefits of this research is to provide information about the influence of profitability on working capital at the company in order to be a consideration in decision making by the management. The data collecting written data such as balance sheet and income statement of BEI Company. The analysis technique used is multiple linier regression.The results showed Net Profit Margin has significant influence on working capital, while Return on Assets and Return On Equity have no significant influence to working capital in food and beverage industry in BEI period 2012 – 2016.
Keywords : net profit margin, return on assets, return on equity and working capital.