Answers are grounded in this paper and cite their sources.
This study aims to determine the effect of Debt to Equity Ratio and Total Asset Turnover partially and simultaneously on Return on Equity. The sample withdrawal used was purposive sampling so that a sample of 10 companies from automotive companies and their components were listed on the IDX. Data analysis techniques from this study use multiple linear regressions. The results of the study with statistical tests showed that partially and simultaneously DER had a significant effect on ROE and so did TATO have a significant effect on ROE.
No takes yet. Share an insight, caveat, or question.
Efendi et al. (2019) studied this question.