Multicollinearity Test Classical Assumption Test a. Normality Test

77 From the results obtained by the F test that F test 3,825 with a significance level of 0.008. F table is 2.54 obtained from V1 = k-1 = 5-1 = 4 and V2 = n-k = 60-5 = 55, so df = V1; V2 = 4; 55 then the value F table F 0.05; 4 ; 55 = 2.54. Because the value F test is greater than F table and significance level 0.05 then H is rejected and H 1 is accepted. It means variable independent working capital turnover, receivable turnover, inventory turnover, and current ratio have a significant positive effect toward the profitability ROI of the companys Automotive and Components with a simultaneous. In addition to determine the effect of independent variables toward the dependent variable, the analysis also showed that R square is essentially used to measure how far the models ability to explain variation in the dependent variable. In Table 4.8 R square value of 0.161 means that about 16.1 percent of the variable profitability is affected by the independent variable working capital turnover, receivables turnover, inventories turnover, and current ratio, while the remaining 83.9 percent of other variables influenced from outside the model. 78

b. Partial Test T Test

Table 4.10 Partial Test T Test Coefficients a Model Unstandardized Coefficients Standardized Coefficients T Sig. ยช Std. Error Beta 1 Constant .958 3.035 .316 .753 WCTO -.002 .020 -.010 -.080 .936 RECTO -.077 .046 -.231 -1.691 .096 INVTO .466 .328 .194 1.419 .162 CR .035 .011 .393 3.195 .002 a. Dependent Variable: ROI 1. Test the significance of working capital turnover X 1 in the regression model: From the table above, it can be seen that the working capital turnover variable t has a value of -0.080 with a significant level of 0.936, meaning that the variable working capital turnover has no significant effect toward ROI at the level of 1, 5, 10. 2. Test the significance of the coefficient of receivable turnover X 2 in the regression model: From the table above, it can be seen that the receivable turnover variable coefficient t -1.691 with a significant level of 0.096, meaning that the Receivable turnover variables has significant negative effect toward ROI at the level of 10. 0.096 0.10 3. Test the significance of the coefficient of inventory turnover X 3 in the regression model: