Debt Management Boosts Profits for Food Industry Companies in Indonesia.
The study looked at how debt levels in food and beverage companies in Indonesia affect their return on assets. They used financial data from these companies and analyzed it using a statistical method called multiple linear regression. The results showed that having more debt compared to assets had a negative impact on return on assets, while having more debt compared to equity had a positive impact on return on assets. This means that companies can improve their return on assets by managing their debt levels effectively.