Business, Management and Accounting
2 years ago

Pharmaceutical Companies' Profits Soar with Sales Growth and Efficient Management.

Indonesian Journal of Economics and Management
Return on Asset pada Perusahaan Sub Sektor Farmasi: Studi Pengaruh Sales Growth, Current Ratio dan Net Profit Margin
Nurfitria Nurfitria, Rosma Pakpahan, Banter Laksana

Paper Summary

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The study looked at how Sales Growth, Current Ratio, and Net Profit Margin affect Return On Asset in pharmaceutical companies. They analyzed data from 6 companies listed on the stock exchange from 2015 to 2020. The results showed that Sales Growth had no significant impact on Return On Asset, while Current Ratio and Net Profit Margin had a positive and significant effect on it.