Nama : Diah Rawanti

NIM : 17/416085/SV/13823
Kelas : AK42

Rumus Pada Praktikum Manajemen dan Keuangan

Bab 1 – 14

1. BAB 2 DAN 3: Laporan Keuangan dan Analisis Laporan Keuangan

No. Keterangan Rumus

Likuiditas
1. Current Ratio = Total aktiva lancar / Total hutang lancar
2. Acid Test Ratio = (Total aktiva lancar – Aktiva lancar yang tidak likuid)
Total hutang lancar
3. Periode pelunasan = Jumlah hari kerja dalam 1 tahun
piutang Tingkat perputaran piutang
4. Periode penjualan = Jumlah hari kerja
persediaan Tingkat perputaran persediaan
5. Cash Ratio = Kas dan setara kas / hutang lancar
Solvabilitas
6. Times Interest = Earning Before Interest and Tax (EBIT)
Earned Interest + Angsuran
7. Debt to Equity Ratio = Total hutang / Modal sendiri
8. Cost of Capital = Modal asing jk. panjang / Modal sendiri
Profitabilitas
9. Profit Margin = Net operating income / net sales
10. Operating Asset = Net sales / Total aktiva operasi
Turnover
11. Earning Power = Profit margin x Operating assets turnover
12. Rentabilitas Modal = Net income (EAT) / Modal sendiri
Aktivitas
13. Cash Turnover = Net sales / Rata-rata kas
14. Receivable Turnover = Net sales / Rata-rata piutang
15. Inventory Turnover = HPP / Rata-rata persediaan
16. Working Capital = Net sales / Rata-rata modal kerja
Turnover
17. Fixed Asset = Net sales / Nilai buku aktiva tetap
Turnover
 Nama : Diah Rawanti
NIM : 17/416085/SV/13823
Kelas : AK42

Rasio Pasar
18. Earning Per Share = Net income / Jumlah lembar saham
19. Price Earning Ratio = Harga saham / Earning per share
20. Nilai Buku per Lbr = Modal sendiri / Jumlah lembar saham
Saham

2. BAB 4: Tingkat Bunga dan Nilai Waktu Uang

No. Keterangan Rumus

1. Tingkat Bunga = Risk free + risiko inflasi sectoral + risiko gagal bayar +
risiko likuiditas + risiko maturitas
2. Present Value = Arus kas pada periode n (FVn)
(1+i)n
3. Future Value = PV (1+i)n
4. Capital Gain Yield = (Price2 – Price1) / harga awal periode
5. Expected total return = Expected CY + Expected CGY
(Yield To Maturity)

3. BAB 5: Pasar Uamg, Arus Modal, dan Sumber Dana

No. Keterangan Rumus

1. Sumber Dana (P0) = n (xt / (1+i)n)

4. BAB 6: Rate of Return dan Risiko

No. Keterangan Rumus

1. Return = ((Money2 – Money1) / Money1) x 100%
2. Expected Return (r) = ∑𝑁
𝑖=1 𝑃𝑖 𝑟𝑖

3. Risiko
= √∑𝑁 2
𝑖=1(𝑟𝑖 − 𝑟) 𝑃𝑖

4. CV = Standar deviasi / Expected return

5. Expected Return = ∑𝑁
𝑖=1 𝐸(𝑅𝑖)𝑋𝑖
Portofolio (ERP)
 Nama : Diah Rawanti
NIM : 17/416085/SV/13823
Kelas : AK42

6. Standar Deviasi = ∑𝑁 2 𝑁
𝑖=1 𝑜𝑖 + ∑𝑖=1 𝑋𝑖 𝑋𝑗𝑜𝑖𝑗

Portofolio (op2)

Keterangan: E(Ri) = ekspektasi return dari sekuritas

Ri = satu outcome dari sekuritas
Xi = proporsi asset/ dana yang diinvestasikan pada saham i
oi = kovarian saham i
oij = kovarian antara I dan jXi = proporsi dana ke sekuritas i
Xj = proporsi dana ke sekuritas j

5. BAB 7: Penilaian Saham dan Obligasi

No. Keterangan Rumus

1. Harga saham = Dividen + Harga jual – harga beli
(1+i)n (1+i)n
2. PER = (Harga saham / Earning Per Share) x 1 kali
3. Current Yield = Suku bunga yang dibayarkan / Harga pasar obligasi
4. Capital Gain Yield = (Price2 – Price1) / harga awal periode
5. Expected Total = Expected CY + Expected CGY
Return (Yield To
Maturity)

6. BAB 9: Cost of Capital dan Struktur Modal

No. Keterangan Rumus

1. Biaya Modal Saham = (Dividen / Harga pasar saham preferen) x 100%
Preferen (Kp)
2. Biaya Modal Saham = D / Harga pasar (1 – biaya emisi)
Biasa (Ke)
3. Biaya Modal Laba Ditahan
a. Model CAPM = Rf + B (Rm – Rf)
(Ks)
b. Model DCF (Ks) = (Dividen 1 / Harga pasar) + g dividen
 Nama : Diah Rawanti
NIM : 17/416085/SV/13823
Kelas : AK42

c. Model Bond = i + r ERP

Yield + Risk
Premium
4. WACC = Wd rd (1-tax) + Wp rp + Ws Rs
5. Dividend Discount = (Dividen 1 / Price (1 – f)) + growth dividen
Model

7. BAB 10: Kebijakan Dividen dan Sertifikasi Keuangan

No. Keterangan Rumus
1. Dividen = Net income – proporsi modal sendiri (keb. modal)
= Net income – (target equity ratio) x (total capital
budget)
2. Dividen Payout = Dividen / Net income

8. BAB 11 DAN 12: Investasi Aktiva Tetap (Capital Budgeting)

No. Keterangan Rumus
1. Payback Period = CF1 (In) + ((CF Out – CF1) / CF1)
2. Discounted Payback = CF1 (In) + CF2 (In) + ((CF Out – CF1-CF2) / CF3)
Period
3. Net Present Value = CF1 + CF2 + CFn
(1+i)1 (1+i)2 (1+i)n
4. Interest Rate of = CF1 + CF2 + CFn
Return (1+IRR)1 (1+IRR)2 (1+IRR)n