The study aims to estimate the effect of current ratio (CR), current liability to inventory (CLI), total asset turnover (TAT), net profit margin (NPM), sales growth (SG), and company size (FS) on profit growth (PG). The research population was 18 companies in the Food and Beverage (F&B) sector listed on the Indonesia Stock Exchange (IDX) from 2014-2018. The data estimation method uses the common effect panel data regression model. The empirical findings show that the CR and CLI ratios have a negative effect on PG, while the TAT, NPM, and SG ratios have a positive effect. Company size is a factor that does not affect the growth of company profits. The results of the study imply that an increase in company profits can be achieved if the company operates efficiently and with low liquidity to encourage higher sales growth. The limitations of the research are as follows: first, this research considers only one type of industry, hence the results of this study would not be the same if applied to another type of industry. Second, the author observes profit growth by using the company’s financial ratios and size and ignores other factors that may affect profit growth, for example, the number of employees, total net sales, and market capitalization.

Abstract
1. Introduction
2. Literature Review
    2.1. Theoretical Framework
    2.2. Hypothesis Development
3. Research Methodology
    3.1. Research Methods
    3.2. Descriptive Statistics
    3.3. Panel Data Method
4. Discussion
    4.1. The Effect of Current Ratio (CR) on ProfitGrowth
    4.2. The Effect of Current Liabilities to Inventory(CLI) on Profit Growth
    4.3. The Effect of Total Asset Turnover (TAT) onProfit Growth
    4.4. The Effect of Net Proft Margin (NPM) onProfit Growth
    4.5. The Effect of Sales Growth on Profit Growth
    4.6. The Effect Firm Size (FS) on Profit Growth
5. Conclusions
References

• Endri ENDRI(Master of Management, Graduate Program, Universitas Mercu Buana, Jakarta, Indonesia) Corresponding Author
• Aprida Kartika SARI(Universitas Mercu Buana, Jakarta, Indonesia.)
• Yanti BUDIASIH(Institut Teknologi dan Bisnis Ahmad Dahlan, Jakarta, Indonesia.)
• Tine YULIANTINI(Universitas Mercu Buana, Jakarta, Indonesia.)
• Kasmir KASMIR(Universitas Mercu Buana, Jakarta, Indonesia.)