Indonesian Food Companies Boost Profits with Current and Debt Ratios
The study analyzed the impact of Current Ratio and Debt to Asset Ratio on Return on Assets in food and beverage companies on the Indonesia Stock Exchange from 2014 to 2018. The researchers found that both Current Ratio and Debt to Asset Ratio have a positive effect on Return on Assets during this period. Additionally, when considered together, Current Ratio and Debt to Asset Ratio jointly have a significant positive impact on Return on Assets in these companies.