iii. Growth in Sales The regression coefficient indicates that growth in sales positively influences the level of profit. The value of regression coefficient indicates that a unit of increase in sales shall increase profit by 0.149 units. Growth in sales leads to higher level of profit. iv. Assets Turnover Ratio The regression coefficient indicates that Assets turnover ratio positively influences the level of profit. The value of regression coefficient indicates that a unit of increase in asset turnover ratio shall increase profit by 5.255 units. Higher assets turnover ratio leads to higher level of profit.
