| dc.description.abstract | In the real case, bank asset that is based on Islamic finance is mostly found
in the form of ATM machine, information technology, or branch office for fixed
asset, rather then in the form of receivable, commercial paper, or investment in
another bank for current asset. Direct or indirectly, these assets obviously have
influence in determining how banks attain their profits.
However, Return on Equity as a profitability determination is not formed
by Return on Asset itself. Based on DuPont Analysis, there is another ratio named
Equity Multiplier that also gives the same portion in determining Return on
Equity. If Return on Asset and Return on Equity as a profitability ratio have
different result in determining profitability, then it will be important to find the
relation between Total Asset Turnover and Net Profit Margin as a part of Return
on Asset plus Equity Multiplier with Return on Equity.
Method used in this research is Purposive Sampling approach and the data
taken are Total Asset Turnover, Net Profit Margin, and Return on Equity of Sharia
Mandiri Bank from January 2010 until October 2011.
The result shows that movement in Total Asset Turnover, Net Profit
Margin, and Equity Multiplier simultaneously will influence the Return on Equity.
The movement also gives significant effect to each factor.
Key Words: Sharia Mandiri, Total Asset Turnover, Net Profit Margin, Equity
Multiplier, and Return on Equity | en_US |
