PENGARUH MODAL KERJA TERHADAP TINGKAT LIKUIDITAS PADA PT. BITA ENARCON ENGINEERING BANDUNG

Capital play an important role for a company. Capital is also needed as a factor to keep a company running . But capital is not the only factor, without a good management on those working capital it will be useless. To run the daily activities the company, must have enough working capital. In fact, a company is run to get profit, to continuous its improvement. But anyhow profit is not the only measurement of the efficiency. The Efficiency can be stated if the liquidity can be stated also. A high liquidity can be rich by having good management on working capital.

One of the concepts of working capital is gross working capital. Gross working capital consist of all current assets owned by the company. While liquidity is an ability of company to get profit ( return of investment ) of all assets owned by the company. That’s why, author did the research by hypothesis that gross working capital is able to raise the liquidity.

The research method it a quantitative descriptive method which consist of descriptive method and quantitative method in number form, and the explaination much more linked to the formulas from financial report.

According to the managed accounting data, that got correlation of the coefficient (r) as 0,935, so there is a strong link between gross working capital and Liquidity. Based on counting determination of the coefficient, its shown that the influence of gross working capital against Liquidity is 84,42% while the rest 15,58% was influenced by other factors. The result of hypothesis its shown that the value of t counting is 4,547 and the value of t table is 3,182, because t counting is higher than t table so H0 was refuse and H1 was accepted, so that it can be inferred that gross working capital has influence on liquidity.