Analisis Jurnal: Kajian Modal Kerja Usaha Kecil Dalam Rangka Peningkatan Kinerja Usaha Menghadapi Era Pasar Bebas Di Bandar Lampung

%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cb%3E%3Cspan+lang%3D%22IN%22%3ERingkasan+Jurnal%3A%3C%2Fspan%3E%3C%2Fb%3E%3Cspan+lang%3D%22IN%22%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%2Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3EJurnal+berjudul+Kejian+Modal+Kerja+Usaha+Kecil+dan+Menengah+dalam+Rangka+Peningkatan+Usaha+Menghadapi+Era+Pasar+Bebas+di+Bandar+Lampung+melaksankan+penelitian+bertujuan+untuk+mendapatkan+gambaran+yang+jelas+mengenai+kondisi+usaha+kecil+di+Bandar+lampung+terutama+berhubungan+dengan+manajemen+modal+kerja%2C+memberikan+solusi+manajemen+dalam+mengatasi+masalah+manajemen+modal+kerja+setelah+menganalisis+modal+kerja%2C+memperhitungkan+kebutuhan+modal+kerja+dan+teknis+mengakses+modal+khususnya+modal+kerja%2C+merumuskan+strategi+bersaing+yang+sesuai+dengan+kekuatan+kelemahan+peluang+dan+ancaman+yang+akan+dihadapi+pada+masa+yang+akan+dating%2C+merumuskan+teknik+pembinaan+yang+tepat+dan+fleksibel+untuk+usaha+kecil+di+Bandar+lampung.%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3EMetode+yang+digunakan+dalam+penelitian+ini+adalah+menggunakan+pendekatan+Westond+and+Copland+%281998%29%2C+yaitu+dengan+cara+membagikan+volumen+penjulan+yang+dicapai+dengan+jumlah+hari+perputaran+seluruh+modal+kerja+yang+digunakan+industri.+Modal+kerja+optimal+apabila+Working+Capital+%28WC%29%E2%89%A40%2C+dengan+rumus+hipotesisnya+adalah+sebgai+berikut%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3EH0+%3D+Nilai+modal+yang+terpakai%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3EH1+%E2%89%A0+Nilai+modal+kerja+yang+optimal%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3EDari+hasil+penelitian+dapat+disimpulkan+bahwa+hasil+perhitungan+kebutuhan+mdal+kerja+berdasarkan+besaran+pencapaian+volumen+penjulan+umumnya+menunjukan+hamper+87+%25+usaha+keil+menggunakan+modal+kerja+secara+berlebihan.+Menurut+ketentuan+manajemen+kerja+yang+diungkapkan+oleh+Weston+dan+Copland+yang+menyatakan+bahwa+modal+kerja+yang+optimum+adalah+jika+%3Ci%3EWorking+of+Capital%3C%2Fi%3E+%28WC%29+%E2%89%A4+0.%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%0D%0A%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cb%3E%3Cspan+lang%3D%22IN%22%3EPembahasan+Jurnal%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fb%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3EPada+jurnal+berjudul+Kajian+Modal+Kerja+Usaha+Kecil+Dalam+Rangka+Peningkatan+Kinerja+Usaha+Menghadapi+Era+Pasar+Bebas+di+Bandar+Lampung+melakukan+pendekatan+Rasio+Modal+Kerja+atau+banyak+dikenal+dengan+istilah+%3Ci%3EWorking+Capital%2C+%3C%2Fi%3Epenulis+menyajikan+seolah-olah+penilaian+atas+peningkatan+kinerja%3Ci%3E+%3C%2Fi%3Ehanya+di+pandang+dari+aspek+rasio+modal+kerja.+Tidak+salah+apabila+rasio+modal+kerja+menjadi+salah+satu+penilaian+dari+indikator+peningkatan+kinerja+dalam+suatu+entitas+bisnis.+Namun+demikian+tidak+dapat+dihilangkan+pula+terdapat+beberapa+alat+analisis+yang+menjadikan+suatu+indikator+atas+penilaian+dari+kinerja+organisasi.+Analisis+terhadap%26nbsp%3B+kinerja+organisasi+atau+entitas+binis+langkah+awal+yang+dilakukan+adalah+mendapatkan+laporan+keuangan+dari+sebuah+entitas.+Karena+dalam+laporan+keuangan+menyajikan+tentang+kondisi+dari+sebuah+entitas+bisnis.+Laporan+keuangan+secara+umum+dapat+dibedakan+menjadi+tiga+%285%29+yaitu%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E1.+Laporan+Keuangan+Rugi%2FLaba%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E2.+Neraca%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E3.+Laporan+Perubahan+Ekuitas%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E4.+Laporan+Arus+Kas+%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E5.+Catatan+Atas+Laporan+Keuangan%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3EPeneliti+sebelumnya+apabila+melakukan+pendekatan+terhadap+analisis+Rasio+modal+kerja%26nbsp%3B+yang+hanya+membandingkan+rasio+modal+terhadap+penjualan+ini+terkesan+kurang+komprehensif+terhadap+entitas+bisnis.+Karena+secara+komprehensih+entitas+bisnis+memiliki+banyak+faktor+didalam+kinerja+yang+telah+dilaksanakan.+Seperti+yang+tersajikan+dalam+laporan+keuangan+perusahaan+ini+cukup+komplek+apabila+kita+memhami+laporan+keuangan+tersebut.+Laporan+keuangan+tugi%2Flaba+menyajikan+terkait+dengan+hasil+dari+aktivitas+operasional+perusahaan+selama+peride+berjalan.+Disini+entitas+bisnis+menyajikan+hasil+operasi+yang+berupa+keuntungan+atau+kerugian+yang+diperoleh+entitas+bisnis+selama+periode+berjalan.+Dari+sini+akan+nampak+tentang+berapa+besar+laba+atau+rugi+yang+diperoleh+entitas+selama+periode+berjalan.+%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3ELaporan+yang+kedua+adalah+laporan+Neraca%2C+neraca+atau+yang+lebih+dikenal+dengan+posisi+keuangan+dari+sebuah+entitas.+Dalam+laoran+keuangan+neraca+ini+kita+dapat+melihat+posisi+keuangan+mulai+dari+kas+perusahaan%2C+piutang+perusahaan%2C+persediaan+perusahaan%2C+aset+tetap+perusahaan%2C+total+aset+perusahaan%2C+pinjaman+perusahaan%2C+modal+perusahaan.+Dalam+laporan+keuangan+neraca+juga+menunjukan+tentan+berapa+total+aset%2C+total+pinjaman+dan+total+modal%2C+yang+dapat+dianalisis+lebih+lanjut.+%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3ELaporan+keuangan+ketiga+adalah+laporan+perubahan+ekutias%2C+laporan+ini+menyajikan+hubungan+atau+pengaruh+dari+aktivitas+operasional+dengan+posisi+keuangan+dari+perusahaan.+Aktivitas+operasional+yang+menyajikan+hasil+dari+operasi+perusahaan+yang+tersibul+dari+keuntungan+atau+kerugian+yang+diperoleh+perusahaan.+Apabila+perusahaan+mengalami+kerugian+maka+akan+berdampak+pada+pengurangan+modal+kerja+perusahaan.+Namun+apabila+perusahaan+mengalami+keuntungan+akan+berdampak+pada+peningkatan+modal+kerja+perusahaan.+%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0@%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3ELaporan+yang+keempat+adalah+laporan+arus+kas+perusahaan.+Laporan+ini+menjaikan+tentang+alur+atau+posisi+kas+perusahaan%2C+keterkaitan+perusahaan+mampu+menghasilkan+kas+atau+tidak+dapat+menghasilkan+dari+aktivitas+yang+dilakukan.+Perusahaan+dalam+aktivitasnya+mempunyai+tiga+%283%29+aktivitas+utama+yaitu+aktivitas+investasi%2C+aktivitas+pendanaan+dan+aktivitas+operasional+yang+kesemuanya+tersajikan+dalam+laporan+keuangan+perusahaan.+Aktivitas+investasi+merupakan+aktivitas+perusahaan+dalam+rangka+memperoleh+pendapatan+di+masa+yang+akan+datang+dengan+menempatkan+aktiva+atau+aset+yang+dimiliki%2C+kumpulan+dari+aktivitas+investasi+ini+tersajikan+pada+neraca+pada+bagian+aset+perusahaan.+Aktivitas+pendanaan+adalah+aktivitas+yang+dilakukan+perusahaan+dalam+rangka+mendanai+investasi+dan+operasional+perusahaan.+Sumber+pendataan+ini+diperoleh+dari+modal+yang+ditanamakan+oleh+investor%2C+atau+dari+pinjaman+yang+diperoleh+perusahaan.+Aktivitas+operasional+adalah+aktivitas+yang+menunjukan+aktivitas+perusahaan+dalam+rangka+mendapatkan+laba+atau+bahkan+perusahaan+terpaksa+mendapatkan+kerugian+pada+periode+berjalan.+Keseluruhan+aktivias+baik+aktivitas+investasi%2C+pendanaan%2C+ataupun+aktivias+operasional+selama+periode+berjalan+tersajikan+dalam+laporan+arus+kas+perusahaan.+%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3EDan+laporan+yang+terakhir+adalah+catatan+atas+laporan+keuangan.+Laporan+ini+merupakan+penjelasan+dari+komponen-komponen+yang+tersajikan+dalam+laporan+keuangan+laba+rugi+dan+neraca.+%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3ESetelah+laporan+keuangan+didapatkan+peneliti+dapat+melakukan+analisis+terhadap+perusahaan%2C+adapun+alat+analisis+yang+dapat+dilakukan+adalah+sebagi+berikut%3B%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3Ea.+Analisis+laporan+keuangan+komparatif%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3Eb.+Analisis+laporan+keuangan+%3Ci%3Ecommon-size%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fi%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3Ec.+Analisis+rasio%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3Ed.+Analisis+arus+kas%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3Ee.+Analisis+penilaian+%28%3Ci%3EAnalisis+Laporan+Keuangan%2C+John+J.Wild%2C+K.R.+Subramanyam%2C+Robert+F.Hasley%3B2005%3B31%29%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fi%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cb%3E%3Cspan+lang%3D%22IN%22%3Ea.+Analisis+Laporan+Keuangan+Komparatif%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fb%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3EAnalisis+laporan+keuangan+komparatif+dilakukan+dengan+mengkomparasikan+atau+membandingkan+laporan+keuangan+perusahaan+dari+tahun+ketahun%2C+membandingkan+laporan+keuangan+perusahaan+dengan+perusahaan+yang+lain+dalam+suatu+periode.%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cb%3E%3Cspan+lang%3D%22IN%22%3Eb.+Analisis+laporan+keuangan+%3Ci%3Ecommon-size%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fi%3E%3C%2Fspan%3E%3C%2Fb%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3EAnalisis+laporan+keuangan+%3Ci%3Ecommon-size%3C%2Fi%3E+dilakukan+dengan+cara+membandingkan+komponen-komponen+yang+terdapat+dalam+laporan+keuangan.+Biasanya+laporan+keuangan+ini+membandingkan+aset+dengan+modal%2C+aset+dengan+penjualan+atau+yang+lainnya.+%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cb%3E%3Cspan+lang%3D%22IN%22%3Ec.+Analisis+rasio%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fb%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3EAnalsis+rasio+merupakan+alat+analisis+yang+paling+populer+dan+yang+paling+banyak+digunakan.+Namun+sayangnya+sering+dipahami+sebagai+konsekuensi+bukan+sebagai+indikator%2C+kepentingkanya+terkadang+dilebih-lebihkan.+Sebuah+rasio+menyatakan+hubungan+matematis+antara+dua+kuantitas.+Terdapat+berapa+model+analisis+rasio%2C+adapun+klasifikasinya+adalah+sebagai+berikut%3A%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+90.0pt%3B+mso-list%3A+l4+level1+lfo1%3B+tab-stops%3A+list+90.0pt%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3E1.%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3EAnalisis+Kredit%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+108.0pt%3B+mso-list%3A+l4+level2+lfo1%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Ea.%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3ELikuiditas%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+mso-list%3A+l0+level1+lfo2%3B+tab-stops%3A+list+126.0pt%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Ea%29%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3ERasio+Lancar+%28%3Ci%3ECurret+Ratio%29%3C%2Fi%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3ERasio+Lancar%26nbsp%3B+%26nbsp%3B%3D%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cu%3E%26nbsp%3B%26nbsp%3B%26nbsp%3BAktiva+Lancar%26nbsp%3B%26nbsp%3B+%3Cspan+style%3D%22color%3A+white%3B%22%3E.%3C%2Fspan%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fu%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3BKewajiban+Lancar%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+mso-list%3A+l0+level1+lfo2%3B+tab-stops%3A+list+126.0pt%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Eb%29%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3ERasio+Cepat%3Ci%3E+%28Acid+Test+Ratio%29%3C%2Fi%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3ERasio+Cepat+%26nbsp%3B%26nbsp%3B%26nbsp%3B%3D%26nbsp%3B%26nbsp%3B+%3Cu%3EKas+%2B+Setara+Kas+%2B+Surat+Berharga+%2B+Piutang%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fu%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+Kewajiban+Lancar%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%0D%0A%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+mso-list%3A+l0+level1+lfo2%3B+tab-stops%3A+list+126.0pt%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Ec%29%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3ERasio+Penagihan+%3Ci%3E%28Collection+Period%29%3C%2Fi%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3EPeriode+Penagihan%26nbsp%3B+%3D%26nbsp%3B+%3Cu%3E%26nbsp%3B%26nbsp%3B%26nbsp%3BPitang+Rata-rata%26nbsp%3B%26nbsp%3B+%3Cspan+style%3D%22color%3A+white%3B%22%3E.%3C%2Fspan%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fu%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+Penjulan%2F360%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%0D%0A%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+mso-list%3A+l0+level1+lfo2%3B+tab-stops%3A+list+126.0pt%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Ed%29%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3EJumlah+Hari+untuk+menjual+persediaan+%3Ci%3E%28Days+to+Sell+Inventory%29%3C%2Fi%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3EJumlah+hari%26nbsp%3B%26nbsp%3B+%3D%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cu%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3BPersediaan+rata-rata%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cspan+style%3D%22color%3A+white%3B%22%3E.%3C%2Fspan%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fu%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+Harga+Pokok+Penjualan%2F360%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%0D%0A%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+108.0pt%3B+mso-list%3A+l4+level2+lfo1%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Eb.%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3EStruktur+Modal+dan+Solvabilitas%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+mso-list%3A+l3+level1+lfo3%3B+tab-stops%3A+list+126.0pt%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Ea%29%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3ETotal+Utang+terhadap+Ekuitas+%28%3Ci%3ETotal+Dept+to+Equity%29%3C%2Fi%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3ETotal+Hutang+Terhadap+Ekuitas%26nbsp%3B%26nbsp%3B+%3D%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cu%3E%26nbsp%3B%26nbsp%3B%26nbsp%3BTotal+Kewajiban%26nbsp%3B%26nbsp%3B+%3Cspan+style%3D%22color%3A+white%3B%22%3E.%3C%2Fspan%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fu%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%26nbsp%3B%26nbsp%3B%26nbsp%3BEkuitas+Pemegang+Saham%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+108.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%0D%0A%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+mso-list%3A+l3+level1+lfo3%3B+tab-stops%3A+list+126.0pt%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Eb%29%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3EUtang+Jangka+Panjang+terhadap+Ekuitas+%3Ci%3E%28Long+Term+Dept+to+Equity%29%3C%2Fi%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3ERumus%26nbsp%3B%26nbsp%3B+%3D%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cu%3E%26nbsp%3B%26nbsp%3B%26nbsp%3BKewajiban+Jangka+Panjang%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cspan+style%3D%22color%3A+white%3B%22%3E.%3C%2Fspan%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fu%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+Ukuitas+Pemegang+Saham%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cspan+lang%3D%22IN%22+style%3D%22font-size%3A+12pt%3B+line-height%3A+150%25%3B%22%3E%3Cbr+clear%3D%22all%22+style%3D%22mso-special-character%3A+line-break%3B+page-break-before%3A+always%3B%22+%2F%3E+%3C%2Fspan%3E++%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%0D%0A%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+mso-list%3A+l3+level1+lfo3%3B+tab-stops%3A+list+126.0pt%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Ec%29%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3EKelipatan+Bunga+yang+Dihasilkan+%3Ci%3E%28Times+Interest+Earned%29%3C%2Fi%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3ERumus+%3D%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cu%3E%26nbsp%3B%26nbsp%3B%26nbsp%3BLaba+Sebelum+Pajak+dan+Beban+Bunga%26nbsp%3B%26nbsp%3B+%3Cspan+style%3D%22color%3A+white%3B%22%3E.%3C%2Fspan%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fu%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+Rata-rata+Total+Aktiva%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%0D%0A%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+90.0pt%3B+mso-list%3A+l4+level1+lfo1%3B+tab-stops%3A+list+90.0pt%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3E2.%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3EAnalisis+Profitabilitas%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+108.0pt%3B+mso-list%3A+l4+level2+lfo1%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Ea.%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3ETingkat+pengembalian+atas+investasi+%28%3Ci%3EReturn+Of+Invesmen-ROIt%29%3C%2Fi%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+mso-list%3A+l5+level1+lfo4%3B+tab-stops%3A+list+126.0pt%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Ea%29%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3ETingkat+Pengembalian+atas+Aktiva+%28%3Ci%3EReturn+on+Asset-ROA%29%3C%2Fi%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3ERumus%26nbsp%3B%26nbsp%3B+%3D%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cu%3E%26nbsp%3B%26nbsp%3B%26nbsp%3BLaba+Bersih+%2B+Beban+Bunga+%281+%2B+Tarif+Pajak%29%26nbsp%3B%26nbsp%3B+%3Cspan+style%3D%22color%3A+white%3B%22%3E.%3C%2Fspan%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fu%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3BRata-rata+Total+Aktiva+%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+108.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%0D%0A%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+mso-list%3A+l5+level1+lfo4%3B+tab-stops%3A+list+126.0pt%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Eb%29%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3ETingkat+Pengembalian+atas+Ekuitas+Biasa+%3Ci%3E%28Return+on+Common+Equity%29%3C%2Fi%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3ERumus%26nbsp%3B%26nbsp%3B+%3D%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cu%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3BLaba+Bersih%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cspan+style%3D%22color%3A+white%3B%22%3E.%3C%2Fspan%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fu%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3BRata-rata+Ekuitas+Pemegang+Saham%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+108.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%0D%0A%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+108.0pt%3B+mso-list%3A+l4+level2+lfo1%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Eb.%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3EKinerja+operasi+%28%3Ci%3EOperating+Performance%29%3C%2Fi%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+mso-list%3A+l2+level1+lfo5%3B+tab-stops%3A+list+126.0pt%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Ea%29%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3EMargin+Laba+Kotor+%28%3Ci%3EGross+Profit+Margin%29%3C%2Fi%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3ERumus+%3D%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cu%3E%26nbsp%3B%26nbsp%3B%26nbsp%3BPenjualan+%E2%80%93+Harga+Pokok+Penjulan%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cspan+style%3D%22color%3A+white%3B%22%3E.%3C%2Fspan%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fu%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+Penjualan%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+108.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%0D%0A%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+mso-list%3A+l2+level1+lfo5%3B+tab-stops%3A+list+126.0pt%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Eb%29%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3EMargin+Laba+Operasi+%3Ci%3E%28Operating+Profit+Margin%29%3C%2Fi%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3ERumus%26nbsp%3B%26nbsp%3B+%3D%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cu%3E%26nbsp%3B%26nbsp%3B%26nbsp%3BLaba+Operasi%26nbsp%3B%26nbsp%3B+%3Cspan+style%3D%22color%3A+white%3B%22%3E.%3C%2Fspan%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fu%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+Penjulaan%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%0D%0A%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+mso-list%3A+l2+level1+lfo5%3B+tab-stops%3A+list+126.0pt%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Ec%29%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3EMargin+Laba+Sebelum+Pajak+%3Ci%3E%28Pretax+Profit+Margin%29%3C%2Fi%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3ERumus%26nbsp%3B+%3D%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cu%3E%26nbsp%3B%26nbsp%3B%26nbsp%3BLaba+Sebelum+Pajak+Penghasilan%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cspan+style%3D%22color%3A+white%3B%22%3E.%3C%2Fspan%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fu%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+Penjualan+%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+108.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%0D%0A%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+mso-list%3A+l2+level1+lfo5%3B+tab-stops%3A+list+126.0pt%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Ed%29%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3EMargin+Laba+Bersih+%28%3Ci%3ENet+Profit+Margin%29%3C%2Fi%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3ERumus%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3D%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cu%3E%26nbsp%3B%26nbsp%3B%26nbsp%3BLaba+Bersih%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cspan+style%3D%22color%3A+white%3B%22%3E.%3C%2Fspan%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fu%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+Penjualan%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cspan+lang%3D%22IN%22+style%3D%22font-size%3A+12pt%3B+line-height%3A+150%25%3B%22%3E%3Cbr+clear%3D%22all%22+style%3D%22mso-special-character%3A+line-break%3B+page-break-before%3A+always%3B%22+%2F%3E+%3C%2Fspan%3E++%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+108.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%0D%0A%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+108.0pt%3B+mso-list%3A+l4+level2+lfo1%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Ec.%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3EPemanfaatan+aktiva+%28%3Ci%3EAsset+utilization%29%3C%2Fi%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+mso-list%3A+l1+level1+lfo6%3B+tab-stops%3A+list+126.0pt%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Ea%29%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3EPerputaran+Kas+%28%3Ci%3EKas+Turn+Over%29%3C%2Fi%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3ERumus%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3D%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cu%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3BPenjualan%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cspan+style%3D%22color%3A+white%3B%22%3E.%3C%2Fspan%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fu%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3BRata-rata+Kas+dan+Setara+Kas%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%0D%0A%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+mso-list%3A+l1+level1+lfo6%3B+tab-stops%3A+list+126.0pt%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Eb%29%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3EPerputaran+Piutang+Usaha+%3Ci%3E%28Account+Recivable+Turnover%29%3C%2Fi%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3ERumus%26nbsp%3B+%3D%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cu%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3BPenjualan%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cspan+style%3D%22color%3A+white%3B%22%3E.%3C%2Fspan%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fu%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+Rata-rata+Piutang+Usaha%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+108.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%0D%0A%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+mso-list%3A+l1+level1+lfo6%3B+tab-stops%3A+list+126.0pt%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Ec%29%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3EPenjualan+Terhadap+Persediaan+%3Ci%3E%28Sales+to+Inventory%29%3C%2Fi%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3ERumus+%3D%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cu%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3BPenjualan%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cspan+style%3D%22color%3A+white%3B%22%3E.%3C%2Fspan%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fu%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+Rata-rata+Persediaan%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+108.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%0D%0A%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+mso-list%3A+l1+level1+lfo6%3B+tab-stops%3A+list+126.0pt%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Ed%29%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3EPerputaran+Modal+Kerja+%28%3Ci%3EWorking+Capital+Turn+Over%29%3C%2Fi%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3ERumus%26nbsp%3B%26nbsp%3B+%3D%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cu%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3BPenjualan%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cspan+style%3D%22color%3A+white%3B%22%3E.%3C%2Fspan%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fu%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+Rata-rata+Modal+Kerja%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%0D%0A%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+mso-list%3A+l1+level1+lfo6%3B+tab-stops%3A+list+126.0pt%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Ee%29%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3EPerputaran+Aktiva+Tetap+%28%3Ci%3EFixed+Asset+Turnover%3C%2Fi%3E%29%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3ERumus%26nbsp%3B+%3D%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cu%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3BPenjualan%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cspan+style%3D%22color%3A+white%3B%22%3E.%3C%2Fspan%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fu%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+Rata-rata+Aktiva+Tetap%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%0D%0A%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+mso-list%3A+l1+level1+lfo6%3B+tab-stops%3A+list+126.0pt%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Ef%29%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3EPerputaran+Total+Aktiva+%28%3Ci%3ETotal+Asset+Turnover%3C%2Fi%3E%29+%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3ERumus%26nbsp%3B%26nbsp%3B+%3D%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cu%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3BPenjualan%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cspan+style%3D%22color%3A+white%3B%22%3E.%3C%2Fspan%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fu%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+Rata-rata+Total+Aktiva%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+108.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%0D%0A%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+90.0pt%3B+mso-list%3A+l4+level1+lfo1%3B+tab-stops%3A+list+90.0pt%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3E3.%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3EPenilaian%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+mso-list%3A+l6+level1+lfo7%3B+tab-stops%3A+list+126.0pt%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Ea%29%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3ERasio+Harga+terhadap+Laba+%28%3Ci%3EPrince+to+Earning+Ratio%29%3C%2Fi%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3ERumus%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3D%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cu%3E%26nbsp%3B%26nbsp%3B%26nbsp%3BHarga+Pasar+Per+Lembar+Saham%26nbsp%3B%26nbsp%3B+%3Cspan+style%3D%22color%3A+white%3B%22%3E.%3C%2Fspan%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fu%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+Laba+Per+Saham+%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+108.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%0D%0A%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+mso-list%3A+l6+level1+lfo7%3B+tab-stops%3A+list+126.0pt%3B+text-align$3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Eb%29%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3EImbal+Hasil+Laba+%3Ci%3E%28Earning+Yield%29%3C%2Fi%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3ERumus%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3D%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cu%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3BLaba+Per+Saham%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%3Cspan+style%3D%22color%3A+white%3B%22%3E.%3C%2Fspan%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fu%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+Harga+Pasar+Perlembar+Saham%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cspan+lang%3D%22IN%22+style%3D%22font-size%3A+12pt%3B+line-height%3A+150%25%3B%22%3E%3Cbr+clear%3D%22all%22+style%3D%22mso-special-character%3A+line-break%3B+page-break-before%3A+always%3B%22+%2F%3E+%3C%2Fspan%3E++%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+108.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%0D%0A%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+mso-list%3A+l6+level1+lfo7%3B+tab-stops%3A+list+126.0pt%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Ec%29%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3EImbal+Hasil+Deviden+%3Ci%3E%28Deviden+Yield%29%3C%2Fi%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3ERumus%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3D%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cu%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3BDeviden+Tunai+Per+Saham%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cspan+style%3D%22color%3A+white%3B%22%3E.%3C%2Fspan%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fu%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3BHarga+Pasar+Perlembar+Saham%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+108.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%0D%0A%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+mso-list%3A+l3+level1+lfo3%3B+tab-stops%3A+list+126.0pt%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Ed%29%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3ETingkat+Pembayaran+Deviden+%28%3Ci%3EDeviden+Payout+Rate%29%3C%2Fi%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3ERumus%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3D%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cu%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3BDeviden+Tunai+Per+Saham%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cspan+style%3D%22color%3A+white%3B%22%3E.%3C%2Fspan%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fu%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+Laba+Per+Saham%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+108.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%0D%0A%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+126.0pt%3B+mso-list%3A+l3+level1+lfo3%3B+tab-stops%3A+list+126.0pt%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3C%21--%5Bif+%21supportLists%5D--%3E%3Cspan+lang%3D%22IN%22%3Ee%29%3Cspan+style%3D%22font%3A+7.0pt+%26quot%3BTimes+New+Roman%26quot%3B%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3C%2Fspan%3E%3C%21--%5Bendif%5D--%3E%3Cspan+lang%3D%22IN%22%3EHarga+Terhadap+Nilai+Buku+%3Ci%3E%28Prince+To+Book%29%3C%2Fi%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3ERumus%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3D%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Ct%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3BHarga+Pasar+Per+Lembar+Saham%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3Cspan+style%3D%22color%3A+white%3B%22%3E.%3C%2Fspan%3E%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fu%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22margin-left%3A+126.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B+%3C%2Fspan%3E%3Cspan+lang%3D%22SV%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3B%26nbsp%3B%3C%2Fspan%3E%3Cspan+lang%3D%22IN%22%3ENilai+Buku+Per+Lembar+Saham%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%0D%0A%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+72.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3ESelain+alat+analisis+menggunakan+rasio%2C+peneliti+juga+dapat+menggunakan+alat+analisis+berupa+analisis+arus+kas+perusahaan+dan+penilaian.+Untuk+analisis+arus+kas+seperti+yang+dijelaskan+pada+awal+pembahasan.+Sedangkan+untuk+pembahasan+analisis+menggunakan+penilaian+ini+mengacu+pada+dilai+waktu+dari+uang+%28%3Ci%3EPresent+Valeu%29.+%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fi%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cb%3E%3Cspan+lang%3D%22IN%22%3EKesimpulan%3C%2Fspan%3E%3C%2Fb%3E%3Cspan+lang%3D%22IN%22%3E+%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+18.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3EUntuk+meninjau+sebuah+entitas+terkait+dengan+produktivitasnya+tidak+bisa+hanya+memandang+dari+rasio+modal+kerja+dari+sebuah+entitas.+Sebaiknya+peneliti+lebih+memandang+secara+umum+dari+perusahaan%2C+baik+menggunakan+padangan+dengan+cara+penggunaan+alat+analisis+rasio+yang+lebih+kompleks%2C+lebih+komprehensif%2C+tidak+parsial+terhadap+permasalahan.+%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+18.0pt%3B+text-align%3A+justify%3B%22%3E%0D%0A%0D%0A%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+text-align%3A+justify%3B%22%3E%0D%0A%3Cb%3E%3Cspan+lang%3D%22IN%22%3ETambahan+Daftar+Pustaka%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fb%3E%3C%2Fdiv%3E%0D%0A%3Cdiv+class%3D%22MsoNormal%22+style%3D%22line-height%3A+150%25%3B+margin-left%3A+18.0pt%3B+text-align%3A+justify%3B+text-indent%3A+-18.0pt%3B%22%3E%0D%0A%3Cspan+lang%3D%22IN%22%3EJohn+J.Wild%2C+K.R.+Subramanyam%2C+Robert+F.Hasley.+2005%3Ci%3E.%26nbsp%3B+Financial+Statement+Analysis+%28Analisis+Laporan+Keuangan.+%3C%2Fi%3ESalemba+Empat.+Jakarta%26nbsp%3B%3Co%3Ap%3E%3C%2Fo%3Ap%3E%3C%2Fspan%3E%3C%2Fdiv%3E%0D%0A