ANALISIS PENGARUH WORKING CAPITAL TURNOVER TERHADAP PROFITABILITAS DENGAN LIKUIDITAS SEBAGAI VARIABEL INTERVENING

Abstract

This study aimed to assess the influence of WCT, and liquidity
toward profitability of manufacturing companies in Indonesia Stock
Exchange. Sampling was carried out using non-probabilistic
sampling and obtained 62 of 149 manufacturing companies which are
listed in Indonesia Stock Exchange in 2009-2012. The results of
regression analysis show that WCT, have a significant effect toward
liquidity. Meanwhile, the liquidity variable influence significantly
toward the profitability.