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B. Implication
This study will be useful for certain parties are utilized : 1. For companies
Expected results of this study can help the company in considering funding decisions to be taken, because the funding decisions taken will
affect other decisions and influence survival of the company. Besides that considering the important of working capital, operations,
management of company must use working capital effectively and efficiently . Factors affecting working capital are sales volume, the time
to produce goods, terms of sale, and inventory. So that the management company is able to get profitability.
2. For investor This study is expected to be a consideration in determining and
deciding which investments will be made, because every investor want to get maximum profit. Therefore, investors should be carrefully to take
investment decisions. It is done to avoid the risks of losses that would occur at any time.
3. For academics This study has weaknesses that can be used in consideration for
future research. Such as the short period of only 5 years of research, a limited number of samples, so that further research is expected to add to
the period of the study are used to produce information that is more
85
supportive. Number of samples used can be added and extended to other sectors, the number of financial ratios are used as a research
model reproduced so that the conclusions reached will be perfect.
C. Recommendation
Based on the results of data analysis and tests performed in this study, it can be expected a few suggestions that can be used in subsequent
studies, among others: 1. In this study only uses profitability as the dependent variable, it is
recommended that further research can add a dependent variable, and also adds the independent variable.
2. Extending the period of observation, because the longer time interval of observation, the greater opportunity to obtain reliable information
about the variables to make accurate forecasting. 3. Using different research objects in order to expand research on the
same thing, and to expand the relationship between activity ratios and financial ratios.
86
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