Model-3

Dependent Variables

Independent Variables

Return on Sales

Return on Equity

Regression

Coefficients

t Value

P Value

Regression Coefficients

t Value

P Value

(Constant)

61.542

37.561

0.909

19.887

55.443

0.557

Current Ratio

2.447

14.874

0.001

2.287

11.033

0.000

Quick Ratio

1.243

13.240

0.000

2.134

4.764

0.001

Operating Ratio

2.664

7.461

0.0061

1.997

2.412

0.000

Inventory Turnover Ratio

2.109

2.443

0.000

2.007

16.574

0.000

Debtors Turnover Ratio

2.771

11.878

0.0044

2.365

15.477

0.0023

Debt Equity Ratio

1.443

41.201

0.000

1.446

14.019

0.001

Adjusted R²

0.693

0.707