Pengaruh Likuiditas, Profitabilitas, Pertumbuhan Penjualan dan Modal Kerja Terhadap Struktur Modal Pada Perusahaan Property dan Real Estate yang Terdaftar di Bursa Efek Indonesia

LAMPIRAN

LAMPIRAN 1 Tabel 3.1

Daftar Perusahaan Property & Real Estate Yang Menjadi Sampel Pada Tahun 2010-2013

NO. Nama Perusahaan Kode

Kriteria

Penentuan Sampel Sampel

1 2 3 4

1 Agung Podomoro Land Tbk APLN √ √ √ √ Sample 1

2 Alam Sutera Reality Tbk ASRI √ √ √ √ Sample 2

3 Bekasi Asri Pemula Tbk BAPA √ √ √ √ Sample 3

4 Bumi Citra Permai Tbk BCIP √ √ √ √ Sample 4

5 Bekasi Fajar Industrial Estate

Tbk BEST √ √ √ X

6 Bhuawanatala Indah Permai

Tbk BIPP √ √ √ X

7 Bukit Darmo Property Tbk BKDP √ √ √ X

8 Sentul City Tbk BKSL √ √ √ √ Sample 5

9 Bumi Serpong Damai Tbk BSDE √ √ √ √ Sample 6

10 Cowell Development Tbk COWL √ √ √ √ Sample 7

11 Ciputra Development Tbk CTRA √ √ √ √ Sample 8

12 Ciputra Property Tbk CTRP √ √ √ √ Sample 9

13 Ciputra Surya Tbk CTRS √ √ √ √ Sample 10

14 Duta Anggada Realty Tbk DART √ √ √ √ Sample 11

15 Intiland Development Tbk DILD √ √ √ √ Sample 12

16 Duta Pertiwi Tbk DUTI √ √ √ √ Sample 13

17 Bakrieland

Development Tbk ELTY √ √ √ X

18 Megapolitan

Development Tbk EMDE √ √ √ √ Sample 14

19 Fortune Mate Indonesia Tbk FMII √ √ √ X

20 Gading Development Tbk GAMA √ √ √ X

21 Goa Makassar Tourism

Development Tbk GMTD √ √ √ √ Sample 15

22 Perdana Gapura Prima Tbk GPRA √ √ √ √ Sample 16

23 Greenwood Sejahtera Tbk GWSA √ √ √ X

24 Jaya Real Property Tbk JRPT √ √ √ √ Sample 17

25 Kawasan Industri Jababeka

Tbk KIJA √ √ √ √ Sample 18

26 Global Land and

27 Lamicitra Nusantara Tbk LAMI √ √ √ √ Sample 20

28 Laguna Cipta Griya Tbk LCGP √ √ √ X

29 Lippo Cikarang Tbk LPCK √ √ √ √ Sample 21

30 Lippo Karawaci Tbk LPKR √ √ √ √ Sample 22

31 Modernland Realty Tbk MDLN √ √ √ √ Sample 23

32 Metropolitan Kentjana Tbk MKPI √ √ √ √ Sample 24

33 Metropolitan Land Tbk MTLA √ √ √ √ Sample 25

34 Metro Realty Tbk MTSM √ √ √ √ Sample 26

35 Nirvana Development Tbk NIRO √ √ √ X

36 Indonesia Prima Property

Tbk OMRE √ √ √ √ Sample 27

37 Plaza Indonesia Realty Tbk PLIN √ √ √ √ Sample 28

38 Pakuwon Jati Tbk PWON √ √ √ √ Sample 29

39 Rista Bintang Mahkota Sejati

Tbk RBMS √ √ √ X

40 Roda Vivatex Tbk RDTX √ √ √ √ Sample 30

41 Pikko Land Development

Tbk RODA √ √ √ X

42 Dadanayasa Arthatama Tbk SCBD √ √ √ √ Sample 31

43 Suryamas Dutamakmur Tbk SMDM √ √ √ √ Sample 32

LAMPIRAN 2 Tabulasi Hasil Perhitungan Debt To Equity Ratio (DER)

Sampel Penelitian Tahun 2010-2013

No. Nama Perusahaan Kode DER

2010 2011 2012 2013 1 Agung Podomoro Land Tbk APLN 0.84 1.15 1.76 1.73 2 Alam Sutera Reality Tbk ASRI 1.07 1.16 1.31 1.71 3 Bekasi Asri Pemula Tbk BAPA 0.82 0.83 0.82 0.90 4 Bumi Citra Permai Tbk BCIP 0.25 0.30 0.77 0.92

5 Sentul City Tbk BKSL 0.17 0.15 0.28 0.55

6 Bumi Serpong Damai Tbk BSDE 0.58 0.55 0.59 0.68 7 Cowell Development Tbk COWL 1.05 1.35 0.57 0.64 8 Ciputra Development Tbk CTRA 0.33 0.51 0.77 1.06 9 Ciputra Property Tbk CTRP 0.08 0.20 0.49 0.67 10 Ciputra Surya Tbk CTRS 0.55 0.81 1.00 1.31 11 Duta Anggada Realty Tbk DART 2.47 0.83 0.51 0.63 12 Intiland Development Tbk DILD 0.27 0.50 0.54 0.84 13 Duta Pertiwi Tbk DUTI 0.47 0.46 0.28 0.24 14 Megapolitan Development Tbk EMDE 1.09 0.72 0.69 0.68 15 Goa Makassar Tourism Development Tbk GMTD 1.80 1.53 1.95 2.24 16 Perdana Gapura Prima Tbk GPRA 0.94 0.90 0.86 0.66 17 Jaya Real Property Tbk JRPT 1.03 1.15 1.25 1.30 18 Kawasan Industri Jababeka Tbk KIJA 1.00 0.60 0.78 0.97 19 Global Land and Development Tbk KPIG 0.07 0.08 0.23 0.21 20 Lamicitra Nusantara Tbk LAMI 1.64 1.09 0.89 0.71 21 Lippo Cikarang Tbk LPCK 1.96 1.49 1.31 1.12 22 Lippo Karawaci Tbk LPKR 0.98 0.94 1.17 1.21 23 Modernland Realty Tbk MDLN 0.90 1.13 1.06 1.06 24 Metropolitan Kentjana Tbk MKPI 0.42 0.44 0.49 0.48 25 Metropolitan Land Tbk MTLA 0.46 0.28 0.27 0.61 26 Metro Realty Tbk MTSM 0.24 0.26 0.23 0.19 27 Indonesia Prima Property Tbk OMRE 0.88 0.47 0.43 0.53 28 Plaza Indonesia Realty Tbk PLIN 1.00 0.85 0.77 0.91 29 Pakuwon Jati Tbk PWON 1.43 1.42 1.41 1.27 30 Roda Vivatex Tbk RDTX 0.19 0.31 0.27 0.35 31 Dadanayasa Arthatama Tbk SCBD 0.37 0.34 0.34 0.29 32 Suryamas Dutamakmur Tbk SMDM 0.17 0.19 0.25 0.38 33 Summarecon Agung Tbk SMRA 1.85 2.27 1.85 1.93

LAMPIRAN 3 Tabulasi Hasil Perhitungan Current Ratio (CR)

Sampel Penelitian Tahun 2010-2013

No. Nama Perusahaan Kode CR

2010 2011 2012 2013 1 Agung Podomoro Land Tbk APLN 3.00 1.83 1.56 1.68 2 Alam Sutera Reality Tbk ASRI 0.98 0.98 1.23 0.75 3 Bekasi Asri Pemula Tbk BAPA 0.85 0.91 0.87 2.69 4 Bumi Citra Permai Tbk BCIP 2.34 2.63 0.76 0.61 5 Sentul City Tbk BKSL 2.81 3.16 3.18 4.57 6 Bumi Serpong Damai Tbk BSDE 2.41 1.97 1.74 2.67 7 Cowell Development Tbk COWL 0.84 1.28 1.42 0.67 8 Ciputra Development Tbk CTRA 4.89 2.37 1.56 1.35 9 Ciputra Property Tbk CTRP 7.82 2.74 1.82 1.36 10 Ciputra Surya Tbk CTRS 1.99 1.67 1.26 1.16 11 Duta Anggada Realty Tbk DART 0.59 0.67 1.16 2.01 12 Intiland Development Tbk DILD 3.51 1.71 1.30 0.79 13 Duta Pertiwi Tbk DUTI 1.41 0.95 2.37 3.51 14 Megapolitan Development Tbk EMDE 0.96 1.46 1.67 1.84 15 Goa Makassar Tourism

Development Tbk GMTD 0.95 1.09 1.29 1.02 16 Perdana Gapura Prima Tbk GPRA 2.23 2.85 2.76 3.89 17 Jaya Real Property Tbk JRPT 1.13 1.04 0.88 0.70 18 Kawasan Industri Jababeka Tbk KIJA 1.42 3.57 3.65 2.87 19 Global Land and Development Tbk KPIG 9.04 4.27 1.81 2.07 20 Lamicitra Nusantara Tbk LAMI 1.33 1.76 1.61 1.51 21 Lippo Cikarang Tbk LPCK 1.82 1.40 1.57 1.62 22 Lippo Karawaci Tbk LPKR 4.14 6.04 5.60 4.96 23 Modernland Realty Tbk MDLN 0.89 0.83 1.27 0.83 24 Metropolitan Kentjana Tbk MKPI 0.40 0.43 0.66 0.39 25 Metropolitan Land Tbk MTLA 3.27 4.79 4.65 2.27 26 Metro Realty Tbk MTSM 3.90 3.11 4.11 10.40 27 Indonesia Prima Property Tbk OMRE 0.53 0.67 0.67 0.64 28 Plaza Indonesia Realty Tbk PLIN 1.67 1.71 1.19 1.10 29 Pakuwon Jati Tbk PWON 1.15 1.38 1.34 1.30 30 Roda Vivatex Tbk RDTX 2.18 0.43 0.61 0.24 31 Dadanayasa Arthatama Tbk SCBD 2.03 2.60 4.23 3.70 32 Suryamas Dutamakmur Tbk SMDM 0.97 0.87 0.53 1.92 33 Summarecon Agung Tbk SMRA 1.34 1.37 0.12 1.28

LAMPIRAN 4 Tabulasi Hasil Perhitungan Net Profit Margin (NPM)

Sampel Penelitian Tahun 2010-2013

No. Nama Perusahaan Kode NPM

2010 2011 2012 2013 1 Agung Podomoro Land Tbk APLN 0.15 0.18 0.18 0.19 2 Alam Sutera Reality Tbk ASRI 0.37 0.44 0.50 0.24 3 Bekasi Asri Pemula Tbk BAPA 0.23 0.19 0.18 0.13 4 Bumi Citra Permai Tbk BCIP 22.10 4.31 9.05 0.18 5 Sentul City Tbk BKSL 0.19 0.30 0.35 0.55 6 Bumi Serpong Damai Tbk BSDE 0.21 0.36 0.40 0.51 7 Cowell Development Tbk COWL 0.08 0.18 0.22 0.15 8 Ciputra Development Tbk CTRA 0.23 0.23 0.26 0.28 9 Ciputra Property Tbk CTRP 0.48 0.38 0.39 0.31 10 Ciputra Surya Tbk CTRS 0.42 0.50 0.52 0.33 11 Duta Anggada Realty Tbk DART 0.23 0.15 0.21 0.21 12 Intiland Development Tbk DILD 0.45 0.16 0.16 0.22 13 Duta Pertiwi Tbk DUTI 0.27 0.38 0.39 0.47 14 Megapolitan Development Tbk EMDE 0.15 0.02 0.04 0.15 15 Goa Makassar Tourism Development

Tbk GMTD 0.23 0.26 0.27 0.31

16 Perdana Gapura Prima Tbk GPRA 0.18 0.20 0.28 0.21 17 Jaya Real Property Tbk JRPT 0.34 0.39 0.39 0.42 18 Kawasan Industri Jababeka Tbk KIJA 0.10 0.28 0.27 0.04 19 Global Land and Development Tbk KPIG 2.29 0.66 0.36 0.49 20 Lamicitra Nusantara Tbk LAMI 0.22 0.34 0.32 0.44 21 Lippo Cikarang Tbk LPCK 0.16 0.29 0.40 0.44 22 Lippo Karawaci Tbk LPKR 0.18 0.14 0.40 0.25 23 Modernland Realty Tbk MDLN 0.15 0.15 0.25 1.41 24 Metropolitan Kentjana Tbk MKPI 37.01 39.10 40.86 0.37 25 Metropolitan Land Tbk MTLA 0.21 0.29 0.30 0.28 26 Metro Realty Tbk MTSM 0.08 0.19 0.18 -0.05 27 Indonesia Prima Property Tbk OMRE 0.28 0.25 0.13 -0.09 28 Plaza Indonesia Realty Tbk PLIN 0.62 0.09 0.14 0.02 29 Pakuwon Jati Tbk PWON 0.26 0.26 0.35 0.38 30 Roda Vivatex Tbk RDTX 0.66 0.38 0.38 0.47 31 Dadanayasa Arthatama Tbk SCBD 0.19 0.11 0.10 0.64 32 Suryamas Dutamakmur Tbk SMDM 0.12 0.13 0.18 0.09 33 Summarecon Agung Tbk SMRA 0.14 0.16 0.23 0.27

LAMPIRAN 5 Tabulasi Hasil Perhitungan Pertumbuhan Penjualan (Growth)

Sampel Penelitian Tahun 2010-2013

No. Nama Perusahaan Kode GROWTH

2010 2011 2012 2013 1 Agung Podomoro Land Tbk APLN 1.26 0.97 0.23 0.05 2 Alam Sutera Reality Tbk ASRI 0.96 0.75 0.77 0.51 3 Bekasi Asri Pemula Tbk BAPA -0.14 -0.44 -0.18 0.59 4 Bumi Citra Permai Tbk BCIP 0.14 -0.34 0.89 0.72

5 Sentul City Tbk BKSL 1.73 0.03 0.36 0.54

6 Bumi Serpong Damai Tbk BSDE 0.03 0.13 0.33 0.54 7 Cowell Development Tbk COWL 0.02 0.80 0.72 0.06 8 Ciputra Development Tbk CTRA 0.27 0.29 0.53 0.53 9 Ciputra Property Tbk CTRP 0.05 0.24 0.88 0.75 10 Ciputra Surya Tbk CTRS 0.52 0.36 0.30 0.20 11 Duta Anggada Realty Tbk DART -0.27 0.83 1.02 -0.02 12 Intiland Development Tbk DILD 1.18 0.11 0.34 0.20 13 Duta Pertiwi Tbk DUTI 0.00 0.11 0.40 0.02 14 Megapolitan Development Tbk EMDE -0.07 -0.39 0.10 1.07 15 Goa Makassar Tourism Development

Tbk GMTD 0.88 0.60 0.27 0.25

16 Perdana Gapura Prima Tbk GPRA 0.01 0.26 -0.08 0.45 17 Jaya Real Property Tbk JRPT 0.17 0.15 0.23 0.19 18 Kawasan Industri Jababeka Tbk KIJA 0.52 0.92 0.22 0.96 19 Global Land and Development Tbk KPIG 0.28 0.14 4.05 0.44 20 Lamicitra Nusantara Tbk LAMI -0.04 0.24 -0.17 -0.06 21 Lippo Cikarang Tbk LPCK 0.25 1.23 0.12 0.31 22 Lippo Karawaci Tbk LPKR 0.22 0.34 0.47 0.08 23 Modernland Realty Tbk MDLN -0.11 0.93 1.10 0.64 24 Metropolitan Kentjana Tbk MKPI 0.04 0.16 0.08 0.12 25 Metropolitan Land Tbk MTLA 0.04 0.63 0.25 0.26 26 Metro Realty Tbk MTSM 0.03 0.04 -0.07 0.69 27 Indonesia Prima Property Tbk OMRE 0.88 -0.06 -0.16 -0.15 28 Plaza Indonesia Realty Tbk PLIN 0.47 0.12 0.88 -0.19 29 Pakuwon Jati Tbk PWON 0.76 0.20 0.46 0.40 30 Roda Vivatex Tbk RDTX 0.10 0.13 0.11 0.27 31 Dadanayasa Arthatama Tbk SCBD -0.42 -0.38 -0.01 2.99 32 Suryamas Dutamakmur Tbk SMDM 0.72 0.32 -0.01 0.23 33 Summarecon Agung Tbk SMRA 0.42 0.39 0.47 0.18

LAMPIRAN 6 Tabulasi Hasil Perhitungan Modal Kerja (MK)

Sampel Penelitian Tahun 2010-2013

No. Nama Perusahaan Kode Modal Kerja

2010 2011 2012 2013

1

Agung Podomoro Land

Tbk APLN 2,984,867 2,124,268 2,428,216 3,538,408

2 Alam Sutera Reality Tbk ASRI -31,699 -52,540 742,760 -918,535

3 Bekasi Asri Pemula Tbk BAPA -9,393 -5,689 -7,774 88,376

4 Bumi Citra Permai Tbk BCIP 45,570 60,781 -33,741 -78,309

5 Sentul City Tbk BKSL 1,040,336 1,136,263 1,429,225 5,205,221

6 Bumi Serpong Damai Tbk BSDE 4,014,489 3,496,071 3,542,699 7,395,548

7 Cowell Development Tbk COWL -17,086 50,453 119,342 -107,348

8 Ciputra Development Tbk CTRA 3,781,538 3,016,906 2,521,231 2,523,910

9 Ciputra Property Tbk CTRP 1,211,576 646,751 828,856 478,426

10 Ciputra Surya Tbk CTRS 656,220 742,175 452,039 450,581

11 Duta Anggada Realty Tbk DART -427,636 -394,838 110,472 512,316

12 Intiland Development Tbk DILD 1,616,751 1,077,359 583,601 -354,928

13 Duta Pertiwi Tbk DUTI 565,436 -72,472 1,768,895 2,304,166

14

Megapolitan

Development Tbk EMDE -13,080 159,244 198,357 243,728

15

Goa Makassar Tourism

Development Tbk GMTD -12,596 24,478 131,340 10,810

16 Perdana Gapura Prima Tbk GPRA 554,733 690,629 695,880 825,133

17 Jaya Real Property Tbk JRPT 188,926 69,879 -294,325 -908,985

18

Kawasan Industri Jababeka

Tbk KIJA 420,313 2,445,852 3,203,409 3,272,915

19

Global Land and

Development Tbk KPIG 351,583 148,296 137,654 454,482

20 Lamicitra Nusantara Tbk LAMI 111,585 204,572 162,311 109,592

21 Lippo Cikarang Tbk LPCK 519,220 424,726 863,956 1,204,704

22 Lippo Karawaci Tbk LPKR 9,247,556 11,354,313 16,000,244 825,133

23 Modernland Realty Tbk MDLN -73,206 -167,950 414,604 -405,054

24 Metropolitan Kentjana Tbk MKPI -268,519 -253,579 -158,660 -345,484

25 Metropolitan Land Tbk MTLA 423,647 924,164 912,266 820,688

26 Metro Realty Tbk MTSM 32,179 30,027 36,475 74,425

27

Indonesia Prima Property

Tbk OMRE -134,148 -59,562 -56,004 -77,089

28 Plaza Indonesia Realty Tbk PLIN 367,517 270,792 113,949 79,499

29 Pakuwon Jati Tbk PWON 160,217 478,061 690,982 860,449

30 Roda Vivatex Tbk RDTX 115,344 - 115,986 -77,099 -255,661

31

Dadanayasa Arthatama

32

Suryamas Dutamakmur

Tbk SMDM -4,895 -33,038 -193,999 545,706

33 Summarecon Agung Tbk SMRA 813,441 1,325,389 -4,590,449 1,413,709

LAMPIRAN 7 STATISTIK DESKRIPTIF

Descriptive Statistics

N Minimum Maximum Mean

Std. Deviation

DER 132 .07 2.47 .8167 .52157

CR 132 .12 10.40 2.0314 1.64080

NPM 132 -.09 40.86 1.4347 6.11841

GROWTH 132 -.44 4.05 .3745 .55686

MK 132 -4.59E6 7.40E6 6.6656E5 1.31064E6 Valid N

(listwise) 132

STATISTIK DESKRIPTIF Descriptive Statistics

N Minimum Maximum Mean

Std. Deviation

LN_DER 132 -2.66 .90 -.4375 .74434

LN_CR 132 -2.12 2.34 .4491 .73024

LN_NPM 130 -3.91 3.71 -1.2154 1.14374 LN_GROWTH 109 -4.61 1.40 -1.2188 1.10855

LN_MK 96 2.20 15.82 12.7935 2.31288

Valid N

LAMPIRAN 8 UJI ASUMSI KLASIK

a. Test distribution is Normal. b. Calculated from data.

a. Test distribution is Normal. b. Calculated from data.

a. Test distribution is Normal. b. Calculated from data.

One-Sample Kolmogorov-Smirnov Test

Unstandardized Residual

N 132

Normal Parametersa Mean .0000000

Std. Deviation .47556362 Most Extreme

Differences

Absolute .088

Positive .088

Negative -.047

Kolmogorov-Smirnov Z 1.009

Asymp. Sig. (2-tailed) .260

One-Sample Kolmogorov-Smirnov Test

Unstandardized Residual

N 82

Normal Parametersa Mean .0000000

Std. Deviation .57878966 Most Extreme

Differences

Absolute .091

Positive .062

Negative -.091

Kolmogorov-Smirnov Z .820

Cofficientsa

Model

Unstandardized Coefficients

Standardized Coefficients

T Sig.

Collinearity Statistics

B Std. Error Beta Tolerance VIF

1 (Constant) .458 .044 10.445 .000

CR -.021 .016 -.116 -1.291 .199 .904 1.107 NPM -.010 .004 -.216 -2.500 .014 .973 1.028 GROWTH -.013 .045 -.025 -.290 .773 .989 1.011 MK -3.432E-8 .000 -.154 -1.719 .088 .903 1.108 a. Dependent Variable: abs_res

Cofficientsa

Model

Unstandardized Coefficients

Standardized Coefficients

T Sig.

Collinearity Statistics

B Std. Error Beta Tolerance VIF

1 (Constant) .409 .232 1.767 .081

LN_CR .144 .076 .216 1.897 .062 .925 1.081 LN_NPM -.060 .049 -.137 -1.236 .220 .975 1.026 LN_GRO

WTH -.013 .034 -.044 -.390 .698 .960 1.042 LN_MK -.012 .015 -.083 -.749 .456 .984 1.016 a. Dependent Variable: abs_res_ln

Run Test

Unstandardized Residual

Test Valuea -.06954

Cases < Test Value 66

Cases >= Test Value 66

Total Cases 132

Number of Runs 53

Z -2.446

Asymp. Sig. (2-tailed) .014

a. Median

Runs Test

Unstandardized Residual

Test Valuea .03747

Cases < Test Value 41

Cases >= Test Value 41

Total Cases 82

Number of Runs 37

Z -1.111

Asymp. Sig. (2-tailed) .266

LAMPIRAN 9 UJI REGRESI LINIER BERGANDA

Variables Entered/Removedb

Model Variables Entered

Variables

Removed Method 1 LN_MK,

LN_GROWTH, LN_NPM, LN_CRa

. Enter

a. All requested variables entered. b. Dependent Variable: LN_DER

Model Summaryb

Model R R Square

Adjusted R Square

Std. Error of the Estimate

Durbin-Watson

1 .411a .169 .142 .48299 1.643

a. Predictors: (Constant), MK, GROWTH, NPM, CR b. Dependent Variable: DER

ANOVAb

Model

Sum of

Squares df Mean Square F Sig. 1 Regression 24.926 4 6.231 17.683 .000a

Residual 27.135 77 .352

Total 52.061 81

a. Predictors: (Constant), LN_MK, LN_GROWTH, LN_NPM, LN_CR b. Dependent Variable: LN_DER

Coefficientsa

Model

Unstandardized Coefficients

Standardized Coefficients

t Sig.

Collinearity Statistics

B

Std.

Error Beta Tolerance VIF

1 (Constant) .709 .406 1.745 .085

LN_CR -.938 .133 -.601 -7.027 .000 .925 1.081 LN_NPM -.250 .085 -.245 -2.935 .004 .975 1.026 LN_GROWTH .021 .060 .029 .344 .732 .960 1.042 LN_MK -.056 .027 -.171 -2.066 .042 .984 1.016 a. Dependent Variable: LN_DER

a. Test distribution is Normal. b. Calculated from data.

a. Test distribution is Normal. b. Calculated from data.

a. Test distribution is Normal. b. Calculated from data.

One-Sample Kolmogorov-Smirnov Test

Unstandardized Residual

N 132

Normal Parametersa Mean .0000000

Std. Deviation .47556362

Most Extreme Differences

Absolute .088

Positive .088

Negative -.047

Kolmogorov-Smirnov Z 1.009

Asymp. Sig. (2-tailed) .260

One-Sample Kolmogorov-Smirnov Test

Unstandardized Residual

N 82

Normal Parametersa Mean .0000000

Std. Deviation .57878966

Most Extreme Differences

Absolute .091

Positive .062

Negative -.091

Kolmogorov-Smirnov Z .820

Cofficientsa

Model

Unstandardized Coefficients

Standardized Coefficients

T Sig.

Collinearity Statistics

B Std. Error Beta Tolerance VIF

1 (Constant) .458 .044 10.445 .000

CR -.021 .016 -.116 -1.291 .199 .904 1.107

NPM -.010 .004 -.216 -2.500 .014 .973 1.028

GROWTH -.013 .045 -.025 -.290 .773 .989 1.011

MK -3.432E-8 .000 -.154 -1.719 .088 .903 1.108

a. Dependent Variable: abs_res

Cofficientsa

Model

Unstandardized Coefficients

Standardized Coefficients

T Sig.

Collinearity Statistics

B Std. Error Beta Tolerance VIF

1 (Constant) .409 .232 1.767 .081

LN_CR .144 .076 .216 1.897 .062 .925 1.081

LN_NPM -.060 .049 -.137 -1.236 .220 .975 1.026

LN_GRO

WTH -.013 .034 -.044 -.390 .698 .960 1.042

LN_MK -.012 .015 -.083 -.749 .456 .984 1.016

Run Test

Unstandardized Residual

Test Valuea -.06954

Cases < Test Value 66

Cases >= Test Value 66

Total Cases 132

Number of Runs 53

Z -2.446

Asymp. Sig. (2-tailed) .014

a. Median

Runs Test

Unstandardized Residual

Test Valuea .03747

Cases < Test Value 41

Cases >= Test Value 41

Total Cases 82

Number of Runs 37

Z -1.111

Asymp. Sig. (2-tailed) .266

LAMPIRAN 9

UJI REGRESI LINIER BERGANDA

Variables Entered/Removedb

Model Variables Entered

Variables

Removed Method

1 LN_MK,

LN_GROWTH, LN_NPM,

LN_CRa

. Enter

a. All requested variables entered. b. Dependent Variable: LN_DER

Model Summaryb

Model R R Square

Adjusted R Square

Std. Error of the Estimate

Durbin-Watson

1 .411a .169 .142 .48299 1.643

a. Predictors: (Constant), MK, GROWTH, NPM, CR b. Dependent Variable: DER

ANOVAb

Model

Sum of

Squares df Mean Square F Sig.

1 Regression 24.926 4 6.231 17.683 .000a

Residual 27.135 77 .352

Total 52.061 81

a. Predictors: (Constant), LN_MK, LN_GROWTH, LN_NPM, LN_CR b. Dependent Variable: LN_DER

Coefficientsa

Model

Unstandardized Coefficients

Standardized Coefficients

t Sig.

Collinearity Statistics

B

Std.

Error Beta Tolerance VIF

1 (Constant) .709 .406 1.745 .085

LN_CR -.938 .133 -.601 -7.027 .000 .925 1.081

LN_NPM -.250 .085 -.245 -2.935 .004 .975 1.026

LN_GROWTH .021 .060 .029 .344 .732 .960 1.042

LN_MK -.056 .027 -.171 -2.066 .042 .984 1.016