Analisis Capital Budgeting Sebagai Dasar Pengambilan Keputusan Investasi Aktiva Tetap (Studi Kasus Pada PT. Blue Sky Travel Surabaya)

Competition in all sectors of the business makes the company should be able to improve and enhance their business. In order to overcome those obstacles, PT. Blue Sky Travel Surabaya planned to replace fixed assets on travel cars. The replacement of fixed assets was done because its cars has been entering its critical economic period. In order to make business plan, we need a large amount of money, so that we need a precise analysis and calculation. The use of capital budgeting to consider whether business plan is adequate to be implemented or not. The analysis made by author resulted Accounting Rate of Return (ARR) 20,486% higher than discount factor 6,651%, Payback Period (PP) resulted 4 years 1 day less than economical assets period 8 years, Net Present Value (NPV) resulted positive value of Rp. 755.413.522, Benefit Cost Ratio (B/C Ratio) resulted 1,7116, and Internal Rate of Return (IRR) resulted 20,9878% higher than discount factor 6,651% that indicates the replacement investment program in PT Blue Sky Travel Surabaya is adequate to be implemented

Analisis Return on Investment (Roi) Dan Residual Income (RI) Guna Menilai Kinerja Keuangan Perusahaan (Studi Pada PT Nippon Indosari Corpindo, Tbk Yang Terdaftar Di Bursa Efek Indonesia Periode 2012-2015)

Аlong with the economic development which increаsingly аdvаnced аs it is todаy mаkes the competition in the business world becomes more intense. Many companies do the development from the small enterprises until large companies, so that the company can be survive and be able to compete fairly in today's business world. This study aims to assess the company's financial performance is measured by using analysis of Return on Investment (ROI) and Residual Income (RI). ROI results cаn indicаte thаt the compаny's profit declined аnd the compаny's аssets hаve increаsed. If the cost of cаpitаl is distinguished by the weighted аverаge cаn indicаte thаt the compаny hаs not yet effective аnd hаve not been аble to meet the expectаtions of investors. Finаnciаl performаnce when viewed using the Residuаl Income аnаlysis cаn show thаt the compаny reаlized rаte of return desired by shаreholders аnd investors

Analisis Bisnis Potensial Kredit Ritel dan Metode Perhitungan Bunga terhadap Pendapatan PT. Bank Pembangunan Daerah Jawa Timur Tbk. (Bank Jatim) Cabang Sampang (Studi pada CV. Merdeka Motor Nasabah Bank Jatim Cabang Sampang)

This research has purpose, that is to know how potential retail credit business at CV. Merdeka Motor in Sampang in an effort to increase revenue of PT. Bank Pembangunan Daerah Jawa Timur Tbk. (Bank Jatim) Sampang. From the results of this study, PT. Bank Pembangunan Daerah Jawa Timur Tbk. (Bank Jatim) Sampang will further increase its income if it can conduct assessment to prospective borrowers properly and appropriately. The assessment may use Principle 5C, Business Aspects, Collateral Aspects and Collectible Term. If the debtor is able to make credit payments in a timely manner, then PT. Bank Pembangunan Daerah Jawa Timur Tbk. (Bank Jatim) Sampang will be easier to do the rotation back more efficiently. Calculation of credit by using Annuity Method will also make PT. Bank Pembangunan Daerah Jawa Timur Tbk. (Bank Jatim) Sampang more benefit than using credit calculation by using Effective Method

Analisis Pembentukan Portofolio Optimal Saham Perusahaan Indeks Sri Kehati-bei Menggunakan Model Indeks Tunggal (2013-2015)

This research aims to know: 1) the company's stock in the Sri Kehati Index that form the optimal portfolio using Single Index Model; 2) the right proportion of funds for each stock which form an optimal portfolio; 3) the amount of expected return and risk are resulting from the optimal portfolio formation. The kind of research used in this research is descriptive research with a quantitative approach. The population used in this research are all of company's stock in the Sri Kehati Index period 2013-2015. The stock sampled in this research are 19 stocks. The results of this research showed that of the 19 stocks were sampled, there are only four stocks which form an optimal portfolio. The stocks which form an optimal portfolio are UNVR (64,48%), PJAA (21,85%), BBRI (11,77%) and BBCA (1,90%). The optimal portfolio formation resulting 2,4758% of expected return at 0,0885% level of risk

Analisis Pengelolaan Modal Kerja dalam Upaya Meningkatkan Likuiditas dan Profitabilitas (Studi pada PT. Gudang Garam Tbk Periode 2014-2016)

Working capital is an important element for the company because without sufficient working capital, the operational activities of a company can not be carried out. The amount of working capital required by the company, is strongly influenced by the business activities of the company. Liquidity and profitability are very important for a company, because it is used as a reference. The type of research used is descriptive research. The data used is the financial statements of PT. Gudang Garam Tbk year 2014 - 2016 covering balance sheet and income statement. The data are each obtained from Indonesia Stock Exchange (IDX) and www.gudanggaramtbk.com. After the data processing, the results showed that if a company improve its working capital then the company can improve liquidity and profitability in the company. PT. Gudang Garam Tbk every year is trying to improve its working capital even though its liquidity and profitability are still not stable. However in each year PT. Gudang Garam Tbk has shown improved working capital seen from the current ratio which increases in each year

Analisis Manajemen Kredit Guna Menjaga Likuiditas Dan Meningkatkan Rentabilitas (Studi Pada PT. Bpr Sentral Arta Jaya Probolinggo Periode 2013-2015)

Credit granting which is conducted by every bank contains some risk, one of them is Non Performing Loans, which is it will affect the bank\u27s performance. Bank management which capable to suppress the NPL ratio to below 5% would have the financial potential acquired greater. The NPL value can be suppressed with the help of credit management for the credit issued can run well. Through credit management is expected to maintain liquidity and increase the profitability, safe limit provisions of Loan to Deposit Ratio (LDR), the level of profitability is also noteworthy because it is the capital of the company\u27s ability to generate profits.This Research used a descriptive study. According to Bank Indonesia regulation, this research shows that liquidity ratio and profiability ratio are owned by this Bank has healthy condition. Even though this bank was fine, the bank should have better credit management to maintain company liquidity, while seen from rentability ratio, this bank has fluctuated year by year, In minimizing the fluctuations, the bank should manage the asset in better way, where the bank have to be able distribute and use the assets based on target because good assets perfomance will increase rentability of company

Penggunaan Metode Economic Value Added (Eva) Dan Return on Asset (Roa) Dalam Menilai Kinerja Keuangan Perusahaan (Studi Pada Pt.indofood Sukses Makmur Tbk Dan Anak Perusahaan Tahun 2009-2011)

Tujuan dari penelitian ini adalah untuk mengukur kinerja keuangan Perusahaan PT. Indofood Sukses Makmur Tbk dan Anak Perusahaan dengan Return On Asset (ROA) dan untuk mengukur kinerja keuangan Perusahaan PT. Indofood Sukses Makmur Tbk dan Anak Perusahaan dengan Economic Value Added (EVA). Berdasarkan hasil penelitian menunjukkan bahwa pada dasarnya Perusahaan telah mampu memenuhi harapan dari para penyandang dana atau para investor baik kreditur maupun pemegang saham (share holder), yakni dengan mengelola aktivanya seoptimal mungkin sehingga mampu menghasilkan laba yang diinginkan, memberikan keuntungan bagi para pemilik modal, dan memenuhi tingkat pengembalian atas setiap modal yang mereka tanamkan dalam Perusahaan. Penerapan Economic Value Added (EVA) sebagai salah satu alat penilai kinerja keuangan Perusahaan dapat digunakan sebagai pendukung Return On Asset (ROA) yang tidak memperhatikan unsur biaya modal. Penerapan EVA lebih kepada laba riil Perusahaan yang diukur dengan kemampuan Perusahaan dalam memberikan tingkat pengembalian yang tinggi bagi investor. EVA digunakan untuk mengukur prestasi manajer keuangan dalam memenuhi permintaan investor untuk menghasilkan keuntungan berdasarkan Cost of Capital. Berdasarkan hasil analisis EVA yang telah dilakukan selama tahun 2009-2011, tingkat EVA PT. Indofood Sukses Makmur Tbk dan Anak Perusahaan mengalami peningkatan. EVA pada tahun 2009 yaitu sebesar Rp 907.831.600.000,-, tahun 2010 sebesar Rp 1.716.885.600.000,-, dan tahun 2011 yaitu sebesar Rp 1.765.570.500.000,-. Dari hasil analisis tersebut dapat dikatakan bahwa secara keseluruhan kinerja keuangan Perusahaan dengan metode EVA sangat baik, Karena telah berhasil mencapai nilai yang positif, sehingga dapat disimpulkan Perusahaan ini telah menghasilkan nilai tambah ekonomis selama tiga periode yaitu 2009-2011. Hal ini berarti bahwa manajer keuangan Perusahaan dapat memenuhi besarnya tingkat pengembalian yang diharapkan oleh para investor, baik kreditur maupun para pemegang saham

Analisis Implementasi Sistem Just in TIME (Jit) Pada Persediaan Bahan Baku Untuk Memenuhi Kebutuhan Produksi (Studi Pada PT Alinco, Karangploso, Malang)

This, research have a head for knowing strategy system control and analyzing application of Just In Time system at material stock for complying raw material requirement in ALINCO Inc. The type of this research is descriptive by quantitative approach. Data collecting is done by observing and documenting method. Data that used in this research are primer and seconder data. Data analysis in this research use application steps of Just In Time, they are strategy of material purchasing cost order and holding cost also comparing efficiency and effectiveness application of JIT in corporate. This result of this research shows that application of JIT system can increase cost efficiency and effectiveness because it can reduce thriftless of purchase, order cost and material stock holding cost for complying raw material requirements. So for complying raw material requirement in ALINCO Inc. can applicated of Just In Time system to increase cost efficiency and effectiveness