Model-2

Dependent Variables

Independent Variables

Return on Sales

Return on Equity

Regression

Coefficients

t Value

P Value

Regression

Coefficients

t Value

P Value

(Constant)

33.048

37.561

0.879

19.887

11.443

0.338

Current Ratio

2.007

4.874

0.000

1.668

31.033

0.001

Quick Ratio

1.593

3.340

0.000

1.087

14.704

0.009

Operating Ratio

2.014

17.761

0.000

2.334

10.412

0.008

Inventory Turnover Ratio

2.339

21.223

0.000

1.996

16.574

0.000

Debtors Turnover Ratio

2.247

1.078

0.000

1.831

5.577

0.000

Debt Equity Ratio

1.863

16.241

0.000

1.776

4.229

0.000

Adjusted R²

0.665

0.587