Model-1

Dependent Variables

Independent Variables

Return on Sales

Return on Equity

Regression

Coefficients

t Value

P Value

Regression

Coefficients

t Value

P Value

(Constant)

44.451

37.561

0.474

21.261

11.443

0.078

Current Ratio

2.412

19.471

0.000

1.478

4.571

0.001

Quick Ratio

1.784

−23.451

0.001

1.577

2.469

0.000

Operating Ratio

1.990

−4.745

0.000

2.014

10.412

0.000

Inventory Turnover Ratio

2.413

31.033

0.000

2.337

16.574

0.000

Debtors Turnover Ratio

1.986

14.704

0.007

1.674

5.577

0.001

Debt Equity Ratio

1.775

13.241

0.002

1.493

21.303

0.004

Adjusted R²

0.897

0.799